1-bedroom flat · EX12 2RF
Listing removedListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer to the market this spacious one bedroom third floor apartment.
Situated in a popular area close by to the sea front, the property benefits from being close by to a wide range of local amenities, schools, shops, and public transport links providing easy access to the surrounding areas and beyond.
The property also offers far fetching views of the local area.
This would be ideal for first time buyers looking to step onto the property ladder and mark their own stamp on a home, and investors looking to expand their portfolio.
Internal: Entrance Hall - With doors leading to the living room, bedroom, and the shower room.
Living Room - A bright and spacious room offering generous space for furniture for a range of uses, with dual aspect double glazed windows providing ample natural light, carpeted flooring, and access to the kitchen.
Kitchen - A beautifully presented kitchen fitted with a range of wall and base units with complimenting worktops, with a double glazed window, laminate flooring, and tiled splashbacks, integrated appliances including an electric countertop stove, extractor hood and oven, further space and plumbing for additional appliances, and a stainless steel inset sink with a mixer tap and drainer.
Bedroom - A large double sized bedroom with a double glazed window, carpeted flooring and a built-in storage cupboard.
Shower Room - A three piece fitted shower room suite comprising of a low-level WC, a wash hand basin, a shower enclosure with glass screen doors, fully tiled walls, and an obscure double glazed window.
External: Externally, the property benefits from allocated parking to the front, and has 50% of the rear courtyard garden.
Additional information: Council Tax Band: A Local Authority: East Devon Lease Term: 999 years from 16 December 2013 Ground Rent: £25.00 per year ground rent Service Charges: 21% share of the buildings insurance.
The vendor has informed us this will be sold with the freehold.
*This information is to be confirmed by the solicitor* Early viewing is highly recommended due to the property being realistically priced.
Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose.
Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure To be confirmed by the Vendor’s Solicitors Possession Vacant possession upon completion Viewing Viewing strictly by appointment through The Express Estate Agency
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About Flat 4, 4, Major Terrace, Seaton
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