1-bedroom flat · EX9 6LA
Listing removedListed 216 days
Opportunity summary
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About
A luxurious and spacious ground floor apartment with views of the sea and Lyme Bay.
The property is situated within The Rosemullion, a renowned development which is maintained to the highest quality and is ideally located just a short walk from the High Street, coastal path and the town’s amenities.
The apartment boasts particularly well appointed accommodation as well as a superb sun terrace.
Services include a lift, video entry system, gas central heating, double glazing whilst outside the garage and visitor parking are further notable assets.
The Rosemillion had a full external maintenance upgrade, including a new roof, in 2025.
These improvements are of great benefit to any incoming owner, providing piece of mind for at least another 10 years.
The Accommodation Comprises: Communal entrance, main entrance door with video/telephone security entry system, spacious entrance hall with wall mounted post boxes for each flat.
Private entrance door for flat 2, leads to ...
Reception Hall: A spacious hall with radiator, wall mounted central heating thermostat/timer control, wall mounted entry telephone/video system, telephone point, coved ceiling, three large built-in storage cupboards, two of which are fully shelved, and the third cupboard, which is the largest and most spacious, has wall mounted coat hooks, a hanging rail, storage shelf, electric consumer unit and a light.
Living/Dining Room: A lovely spacious room with sliding patio door, which leads out onto the private terrace, which benefits from having a pleasant outlook with a partial sea view in the distance.
This room also benefits from having a feature fireplace with inset coal-effect electric fire and ornate fire surround, 2 x radiators with thermostats, television point, telephone and internet points, two ceiling lights and four matching wall lights and coved ceiling.
Kitchen: Modern kitchen fitted with a good range of base and eye level units with under unit lighting, wood effect roll edged work surfaces with inset one and a half bowl stainless steel sink unit with drainer and mixer tap, inset four-ring electric hob with decorative glass splashback and built-in extractor hood with filter and lights above.
Built-in electric oven and microwave oven, integrated fridge and freezer, space and plumbing for washing machine, space for further appliance, wall mounted extractor fan, Television point, wood effect flooring, double glazed internal window and coved ceiling.
Bedroom: A very spacious bedroom benefiting from a range of quality built-in bedroom furniture comprising, three double wardrobes with middle wardrobe having mirror fronted doors and a range of matching drawer units.
Television and telephone points, wall mounted telephone entry system, radiator with thermostat control, coved ceiling, double glazed window offering a very pleasant outlook with a view of the famous treeline of the Otter Head and partial sea views.
Shower Room: This room has been tastefully refurbished with a modern white suite comprising large walk-in shower enclosure with wall mounted Mira mixer shower unit, handrails and foldaway seat, pedestal wash hand basin and low level WC.
There is a wide, deep display shelf, chrome ladder style towel radiator, wall mounted mirror fronted storage cabinet, shaver point, matching wall and floor tiles, wall mounted extractor fan and coved ceiling.
Outside: The majority of the outside areas are communal.
Immediately to the front of this apartment there is a paved terrace which offers a lovely place to sit out and enjoying the pleasant outlook and is accessed to and from the living room via double glazed sliding patio doors.
The garden area immediately in front of this apartment is for the sole use of this owner. If you wish this area of garden can be taken care of by the communal gardener.
Garage and Parking: This apartment benefits from a single garage situated in a block of garages to the rear of The Rosemullion.
The garage can be accessed via a sloping driveway to the side of the building, or by pedestrian access from the rear of the building.
The residents of The Rosemullion also have the benefit of a large parking area which is opposite and provides ample parking for the residents and their visitors.
Material Information & Agent's Notes: Tenure: Leasehold:- Lease Length 199 years from 29/9/1990. Maintenance: £2,718 per annum. This includes Ground Rent, Building Maintenance & Insurance.
Council Tax: Band E with East Devon District Council. Rights and Restrictions: No Pets or Holiday Lets.
Mains: Gas, Electricity, Water & Drainage Heating: Gas Central Heating Mobile: Three, EE, O2 & Vodafone - Likely.
Broadband: Standard & Super Fast - Available Flood Risk: Low risk means that this area has a chance of flooding of between 0.1% and 1% each year. Parking Availability: Off Street Parking & Garage.
Property Accessibility:: Slightly sloping access or a few steps up to enter the building. The Rosemullion is situated on an incline. Planning Proposals affecting the building: None.
Coastal Erosion: No active intervention. Construction: Brick. What3Words : ///fixtures.detained.ratio
Value & comps
No previous sales on record.
Returns
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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 Cliff Road, Budleigh Salterton, EX9
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