2-bedroom flat · EX12 2TH
For saleListed 147 days
Opportunity summary
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About
This is a superbly presented, ground floor apartment located in this highly convenient location situated approximately one mile from the coast at Seaton.
There are open views across the surrounding countryside whilst enjoying a fine westerly aspect.
The spacious accommodation briefly comprises an impressive open plan living room with fireplace and open outlook, high quality integrated kitchen with appliances, separate good sized utility room, two double bedrooms and shower room.
There is sealed unit double glazing throughout and gas fired central heating whilst being decorated to a high standard in neutral tones throughout.
Outside, there are two dedicated parking spaces for the apartment together with visitors parking.
A real feature of the property are the landscaped shared gardens which include sweeping lawn, extensive range of mature trees, shrubs and plants.
The property also enjoys the benefit of a good sized level, private terrace with views towards open countryside.
NO ONWARD CHAIN Ground Floor - Entrance - Hardwood front door to Open Plan Living Room/Kitchen - 6.40m x 5.11m (21'00" x 16'09") - LIVING SPACE Open aspect with countryside views in a westerly direction, Two sets of french doors to private terrace enjoying panoramic country views.
Two radiators, parquet flooring. KITCHEN Comprehensively fitted to three sides with range of units comprising quartz work surfaces, drawer units, cupboard units, china display cabinets.
Built in double oven, gas hob, extraction over, built in fridge, spot lighting, single drainer sink unit, breakfast bar to one side.
Inner Hall - Wooden parquet flooring, radiator, spot lighting, doors leading to Bedroom One - 3.76m x 3.38m (12'04" x 11'01") - Aspect over the front of the property, radiator.
Bedroom Two - 3.05m x 2.67m (10'00" x 8'09") - Aspect to the rear of the apartment with countryside outlook.
Radiator Shower Room - 2.57m x 1.88m (8'05" x 6'02") - Well fitted with white suite comprising large shower unit, low level WC, inset sink with cupboards below, chrome period style radiator, tiled floor.
Utility - 2.59m 1.75m (8'06" 5'09") - With work surfaces, cupboards below, shelving, plumbing for automatic washing machine, plumbing for dishwasher, single drainer stainless steel sink unit.
Gas fired Baxi Boiler powering central . Outside - The property benefits from two allocated parking spaces and there is further visitor parking available.
A real feature of the apartment are the extensive communal lawned gardens which offer a superb south and west facing aspect and views over surrounding countryside.
There are also a variety of mature, specimen plants, shrubs and trees.
Also outside is a delightful, level terrace (with direct access from the living room) which offers a stunning, secluded sitting out area from which to enjoy the expansive views.
Tenure - Share of Freehold-also benefits from remainder of 999 year lease with approx 963 years to run. Service Charge - We are advised the current service charge is £133.82 per calendar month.
Agents Note - We are advised holiday letting is not permitted.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Seaton Down Hill, Seaton
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