4-bedroom detached house · EX10 8RA
Listing removedListed 357 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming turn of the century residence is offered for sale as two comfortable apartments but has great potential to be returned to wonderful detached house.
The property, which is offered for sale with no onward chain, is believed to have been converted in the late 1960's, and is situated in an enviable location on the western side of town.
Cheese Lane is only a short, and fairly level walk, to the High Street and The Esplanade.
The ground floor apartment presently comprises of two reception spaces which includes a conservatory that is presently used a dining space that enjoys a delightful outlook over the rear gardens and a living room that overlooks the front gardens.
Both rooms feature glazed doors that provide directly access respectively. In addition, there is a kitchen, two bedrooms, which includes a master en suite shower room, and a family bathroom.
The first floor apartment offers similar accommodation with a reception room with a large bay window overlooking the front gardens.
A dual aspect kitchen/dining room with a great range of base and wall mounted units and glimpses to the sea. The first floor apartment also features two double bedrooms and a modern family bathroom.
Both apartments enjoy a range of original features including high ceilings and cast iron fireplaces. Each apartment has its own central heating and hot water systems and can be run independently.
The property is approached over a tarmac driveway that will accommodate parking for 2 vehicles. A few steps rise towards the front gardens which are well stocked with a variety of plants and shrubs.
A path continues along the right hand side of the property, passing by the main entrance and beyond towards the rear gardens.
A patio area lies immediately to the rear of the property and provides an excellent space for sitting out and entertaining.
The remaining garden is mostly laid to lawn with established shrubs and hedges to each side, which offers an excellent degree of privacy.
A unique opportunity to acquire an attractive residence in a desirable residential position. Early inspection recommended.
VIEWING By prior appointment with Redferns SERVICES We understand all mains services are connected.
OUTGOINGS Council Tax Band - Flat 1- D / Flat 2 - D TENURE Freehold AGENTS NOTE Data protection act of 2017.
We are now required to obtain proof of ID and proof of residence for any prospective purchaser before formally agreeing a sale.
Photographic identification such as passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence. IMPORTANT NOTICE 1.
Every care is taken in preparing these particulars but they do not constitute nor constitute any part of an offer or a contract.
They are prepared in good faith but they are for guidance only and intended to give a fair description of the property. 2.
Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each statement.
The vendor does not make or give and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3.
Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained.
These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold.
No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn.5.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6.
Descriptions of a property are inevitably subjective but we endeavour to make our particulars accurate.
If there are any points of particular importance please contact us before viewing and we will be pleased to check or clarify information.
Redferns is a trading name of Redferns Ottery St Mary Limited Registered in England and Wales 4817078 Registered Office 1 Broad Street, Ottery St Mary, Devon EX11 1BR
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 Cheese Lane, Sidmouth, EX10 8RA
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