2-bedroom flat · EX9 6LE
Listing removedReduced £100 (−8.3%) on 12 AugListed 86 days · slow let
Opportunity summary
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About
A beautifully presented, newly converted two-bedroom first-floor apartment, finished to an exceptionally high standard throughout and ideally situated in the heart of Budleigh Salterton on the popular High Street.
Available immediately. Some pets may not be allowed.
• Sitting/Dining Room with bay window • Kitchen Breakfast Room with built-in appliances • 2 Bedrooms • Contemporary Bathroom with underfloor heating • Convenient High Street location • Walking distance of the seafront description Presented to an exceptionally high standard throughout, this newly converted first-floor, two-bedroom apartment offers stylish and contemporary accommodation in a convenient High Street location, just a short walk from the beautiful Budleigh Seafront.
The property features a bright and spacious sitting/dining room with an attractive bay window, creating a light-filled living space ideal for both relaxing and entertaining.
The well-appointed kitchen/breakfast room is fitted with a range of built-in appliances and provides ample space for informal dining.
There are two comfortable bedrooms, together with a modern bathroom benefiting from underfloor heating for added comfort.
A major advantage of this property is its solar array and battery storage system, meaning the flats create a substantial amount of their own energy, keeping utility costs remarkably low.
Location: Budleigh Salterton is a wonderful coastal resort on the World Heritage Jurassic coastline in the East Devon Area of Outstanding Natural Beauty .
The beautiful two mile beach, framed by the picturesque sandstone cliffs, is renowned for its pebbles and wonderful vistas, and is considered one of the most desirable coastal locations in the UK.
There are a wealth of facilities befitting a town of its importance including shops, pubs, restaurants, theatre, croquet, bowls, tennis, shooting, and cricket clubs plus East Devon Golf Club.
About 10.5 miles away is junction 30 of the M5 motorway whilst beyond is the cathedral and university city of Exeter with its wealth of facilities (13 miles) The accommodation comprises (all measurements are approximate):- entrance Communal entrance door to...
Communal hallway Stairs leading up to the first floor. Private entrance door to the apartment. Hallway Dimplex Wi-Fi controlled electric radiator.
Large built-in airing cupboard housing the hot water cylinder. Further built-in storage cupboard. Downlighters. Doors lead off to...
Sitting room 15' (4.57m) x 13' 7" (4.14m): Sash bay window to the front and further sash bay window to the front. Dimplex Wi-Fi controlled electric radiator. Downlighters.
Bedroom 1 11' 8" (3.56m) x 10' (3.05m): Sash window to the front. Wi-Fi controlled Dimplex electric radiator. Bedroom 2 10' 2" (3.10m) x 8' 5" (2.57m): Double glazed window to the rear.
Wi-Fi controlled electric radiator. Kitchen /breakfast room 10' 6" (3.20m) x 18' 10" (5.74m): Kitchen comprises composite worktop surfaces with full matching up stands.
Under counter white sink with groove composite drainer and brass mixer tap. Inset Haier induction hob. Cupboards and drawers under with integrated dishwasher and washer dryer. Built in Haier oven.
Built-in fridge, freezer and further storage. Wall mounted cupboards with led under lighting. Double glazed window to the rear. Tiled floor with underfloor heating.
Downlighters bathroom 9' 10" (3.00m) x 7' 3" (2.21m): Duravit double ended bath with mixer shower tap. Walk-in shower cubicle with sliding glass screen in full tiled surround with twin-headed shower.
Wall hung wash hand basin with mixer tap with cupboards under. Wall hung enclosed flush low level WC. Fully tilled walls and floor with underfloor heating. Chrome rung radiator. Downlighters.
Back-lit led vanity mirror. Extractor fan.
Council tax: To be confirmed WHAT3WORDS: /// flopped.hatter.superhero Rent - £1,200.00 per calendar month Deposit - x 5 weeks rent - Total £1,384.62 Holding Deposit - x 1 weeks rent - Total £276.92 Holding Deposit The equivalent of 1 week's rent (deducted from the deposit monies, subject to referencing) The holding deposit is non-refundable should you not proceed with the property, fail the referencing checks or give false information.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
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
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FAQ
About Flat 1, 51A High Street, Budleigh Salterton
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