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See how verdicts work3-bedroom flat · EX39 1JB
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 3 bedroom ground floor apartment requiring renovation following smoke/water damage yet offering spacious accommodation with an outlook towards the sea & coast from the living areas whilst the long sandy beach and village amenities are within walking distance.
1 Rowena is a renovation project which should hold particular appeal to experienced developers or purely those seeking a home near the sea which offers a blank canvas to create a dwelling to reflect their vision & taste.
The spacious accommodation comprises 3 bedrooms, each of a good size, together with kitchen/diner and separate lounge which each enjoy an outlook out towards the coast.
Given the present condition, buyers may find it difficult to secure a mortgage, we therefore encourage the relevant financial advice is sought prior to viewing.
Tenure: Leasehold - The balance of a 200 year lease commencing 1976 (151 years remaining).
There is currently a service charge of £110 per month in contribution to the buildings maintenance & insurance costs.
Agents Note: There are a number of flats to be sold by the freeholder, with the intention thereafter to offer a share of the freehold to each respective leaseholder (equating to a 1/11th shareholding).
Services: All mains services Energy Performance Certificate (EPC): D (61) Council Tax: Band A (1745.49 per annum) Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Kingsley Road, Westward Ho!
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