2-bedroom flat · EX8 2JH
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Communal entrance with door entry intercom to Hallway, Stairs & Lift to first floor; front door to: Reception hall: Radiator; door entry phone; two storage cupboards; one housing electric consumer unit.
Lounge/dining room: 5.61m x 3.2m (18'5" x 10'6") A bright South and West aspects room with sliding patio doors to sun balcony enjoying views to the estuary and coastline beyond; television point; telephone point; two radiators; archway to: Kitchen: 2.49m x 2.39m (8'2" x 7'10") Newly fitted and stylish kitchen; fitted with a range of pattern worktops with matching upstands; cupboards; drawer units; integrated dishwasher; plumbing for automatic washing machine beneath worktops; inset Zanussi induction hob with matching glass splashback with filter extractor hood over; built in oven and microwave oven; cupboards above and below; wall mounted cupboards – one housing Ideal gas boiler for hot water and central heating with concealed lighting beneath; integrated fridge and freezer; uPVC double glazed windows to front and side aspects allowing an abundance of light and enjoying a pleasant outlook towards the estuary and coastline beyond; recessed led ceiling spotlighting.
Bedroom one: 3.66m x 3m (12'0" x 9'10") Built-in wardrobe, chest of drawer units and bedside tables; radiator; television point; telephone point.
En-suite shower room/WC: Shower cubicle with fold shower and remote stat/stop button screen; pedestal wash hand basin; WC with push button flush; fitted mirror with integrated light; recess ceiling spotlighting; ceiling extractor fan.
Bedroom two: 3.28m x 2.72m (10'9" x 8'11") uPVC double glazed window to side aspect; built-in wardrobe and drawer unit; television point.
Shower room/WC: 2.03m x 1.93m (6'8" x 6'4") Large shower cubicle with splash screen and remote start/stop button; beautiful white suite with matching white tiles; vanity wash hand basin; WC with push button flush; chrome heated towel rail; fitted mirror and mirror fronted medicine cabinet; recess ceiling spotlighting.
Outside: The property benefits with a garage in a block with parking to the front of the garage. Colourful communal glower and shrub beds.
Tenure and outgoings: The residents of Ashley House have acquired the freehold with each flat owner being an equal share of the freehold.
Service charges: £800 payable every six months in January & July. Some pets may not be allowed. Agents note: Full fibre re: Openreach/500mbps
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.
Area
Agent & docs
FAQ
About Ashley House,Flat 10, Raddenstile Lane, Exmouth
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