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See how verdicts work2-bedroom flat · EX8 1XU
For saleListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second floor apartment w ithin this prestigious Marina development, with a southerly-facing balcony with stunning views over the Marina and within level walking distance of the seafront, town centre and local amenities.
• Sitting Room with views over the Marina • Modern fitted Kitchen • Two Bedrooms with built-in wardrobes and views over the Marina • Modern fitted Shower Room • Southerly facing Balcony • Gas Central Heating • Double Glazed replacement windows and doors • Single garage and parking description A beautifully presented second-floor apartment set within this highly sought-after and prestigious Marina development, enjoying a desirable southerly aspect with a private balcony offering stunning panoramic views across the Marina, towards Dawlish Warren, and along the coastline.
Ideally situated within level walking distance of the seafront, town centre, and an excellent range of local amenities, this superb apartment combines coastal living with everyday convenience.
The accommodation comprises two well-proportioned bedrooms, a bathroom, a spacious sitting/dining room, and a fitted kitchen.
Further benefits include a garage and allocated parking, adding to the practicality and appeal of this exceptional marina-side home.
Location: Ropewalk House is situated on Exmouth’s much sought after exclusive marina development, within easy walking distance to the sea front, train station and the town centre with it's variety of shops including a handy M&S Foodhall, modern leisure centre with swimming pool, bars, restaurants and various other amenities.
It is perfectly situated for anyone who enjoys the outdoor life and in particular watersports.
The Marina has much to offer including 'The Point' restaurant where you can enjoy a glass of wine or alfresco dining to take in the marina atmosphere.
The marina has a Beauty Salon, Chandlers, fresh fish shop and many other shops are all on hand. Adjacent to the Marina is a well regarded local pub and a Rockfish restaurant.
The accommodation comprises (all measurements are approximate): entrance Communal entrance door with stairs and lift leading up to the second floor.
Second floor Private entrance door to the apartment. Hallway Two built-in storage cupboards. Radiator. Doors lead off to ..
Sitting/dining room 14' 5" (4.39m) x 13' 9" (4.19m): Double glazed patio doors with views over the marina and onto the balcony. Wood effect flooring continues through to the kitchen. Radiator.
Coved ceiling. Opening through to .. Kitchen 8' 2" (2.49m) x 7' 9" (2.36m): Roll edge worktop surfaces in tiled splash back with inset induction hob. Stainless steel sink with drainer.
Cupboards and drawers under with space for fridge, freezer and washing machine. Matching wall mounted cupboards. Cooker hood. Downlighters.
Bedroom 1 11' (3.35m) x 10' 8" (3.25m): Double glazed window to the rear with views over the marina. Built in triple wardrobe. Wood effect flooring. Radiator.
Bedroom 2 11' (3.35m) x 7' 9" (2.36m): Double glazed window to the rear with views over the marina. Built-in double wardrobe. Wood effect flooring. Radiator.
Shower room 7' 9" (2.36m) x 6' 3" (1.91m): Modern fitted shower room comprising a walk-in shower in full tiles surround with built-in shower and glass screen. Enclosed flush low-level WC.
Wall hung wash hand basin with cupboard under in tiled splashback with mixer tap. Backlight courtesy mirror. Tiled floor. Underfloor heating. Chromed rung radiator.
Balcony Decked with stainless steel and glass surround. Facing in a southerly direction with beautiful views over the marina.
Outside Single garage with remote controlled roller door with power and light with storage above. Parking space in front of the garage.
Council tax Band D £2,577.27 tenure Leasehold 125 years from 1999 maintenance -£3,700.00 per annum ground rent -£262.00 per annum WHAT3WORDS will.mailer.launcher directions: On entering Exmouth from Exeter on the A376, proceed towards the town.
At the roundabout take the second exit by M&S and the train station onto Imperial Road. At the next round about take the second exit straight ahead onto Langerwehe Way.
Take the second left onto Shelly Road and follow this road around, Ropewalk House is the third turning on the left hand side.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 8 Ropewalk House, Shelly Road, Exmouth
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