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See how verdicts work2-bedroom flat · EX39 1NZ
Listing removedListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Phillips Smith & Dunn are delighted to offer this easy to run two bedroom apartment located in the sought after village of Appledore.
The property offers open-plan living accommodation, two double bedrooms, a modern kitchen, bathroom and plenty of storage throughout.
The property benefits from stunning views across the Estuary, is well presented throughout and is offered to the market with no onward chain.
Entrance Hall - This inviting space welcomes you into the property providing two useful storage cupboards, one of which provides access to loft storage and has space and electrics for a tumble dryer.
Lounge/Diner - 5.70 x 3.37 - A spacious dual aspect room boasting tremendous panoramic views of the estuary.
Kitchen - 3.32 x 2.85 - Modern fitted kitchen with a range of work surfaces comprising a sink and drainer unit with cupboards below and matching wall-units over, with freestanding gas cooker and extractor fan over.
The kitchen benefits from space and plumbing for a fridge/freezer, washing machine and dishwasher. Bedroom One - 4.01 max x 3.75 - A good sized double bedroom with tremendous estuary views.
Bedroom Two - 4.01 x 2.72 - A further great size double bedroom with another delightful estuary view.
Bathroom - 2.31 x 1.68 - Fully tiled bathroom with modern white suite comprising; bath with shower over, wash hand basin and low level WC.
Outside - Outside of the front door is a handy storage cupboard then leading to communal grounds and residents off-road parking. Lease Details - Lease details 125 year lease granted January 2000.
Service Charge approximately £286.00pa inclusive of ground rent and buildings insurance.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About The Mount, Appledore
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