We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EX10 8NY
Sold STCReduced £20k (−10%) on 20 MayListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor apartment ideally located close to the town centre and sea front with allocated undercover parking Description This characterful ground floor apartment forms part of the highly attractive Fortfield Chambers, a distinguished building believed to have been constructed in 1928.
Steeped in local history, part of the property was once associated with R. W. Sampson, the renowned architect responsible for shaping much of Sidmouth’s elegant Regency and modern architectural style.
Accommodation Occupying the south side of the building, Flat 1 enjoys a pleasant and light-filled position.
The well-presented accommodation offers one double bedroom, a comfortable living area, and gas-fired central heating throughout.
To the rear of the building, the property benefits from a valuable undercover parking space – a rare advantage so close to the town centre.
Location The property is located just moments (within 0.3 miles) from the town centre and esplanade, both being a fairly level walk.
Sidmouth is a Regency coastal town located approximately 15 miles from Exeter and about 12 miles from junction 30 of the M5.
There is an Esplanade, beaches, ornamental public gardens along with an excellent variety of shops including a number of national enterprises and sole independent outlets.
There are regular bus services to Exeter and other nearby towns.
Mainline railway stations are located at Honiton (To Waterloo) and Exeter (To Paddington) MATERIAL INFORMATION Tenure: Leasehold with share of freehold. 106 years remaining on lease.
Service charge £1200pa and ground rent £50pa. Mains services connected: Electric, Gas, Water and Drainage. Council Tax: Band B with East Devon District Parking: Parking for 1 vehicle Directions
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Station Road, Sidmouth, Devon
Explore nearby
