1-bedroom flat · EX9 6QJ
Listing removedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: Stairs rising to first floor, private front door leading to: Enclosed balcony: 2.92m x 1.22m (9'7" x 4'0") uPVC double glazed window to front aspect, inner door to: Reception hall: Radiator.
Lounge: 4.27m x 3.48m (14'0" x 11'5") A bright room with uPVC double glazed windows to front and side aspects, radiator, fitted gas fire with back boiler for hot water and central heating in tiled surround with matching hearth, TV point, door to: Bedroom: 3.48m x 3.05m (11'5" x 10'0") Another bright dual aspect room with uPVC double glazed window to rear and side aspects, cupboard housing water tank, TV point, fitted wardrobe.
Kitchen: 3.76m x 2.39m (12'4" x 7'10") Fitted with patterned worktops, pine fronted cupboards and drawer units beneath, single drainer sink unit, gas cooker point, larder cupboard and further shelved storage cupboard, radiator, electric fuse box and meter, uPVC double glazed window to rear aspect, part glazed door with patterned glass to: Small rear balcony: With outlook over the gardens, access to beautiful storage cupboard with light and power connected.
Shower room/WC: 2.24m x 1.45m (7'4" x 4'9") Fitted with double width shower cubicle housing Mira shower unit, sliding splash screen doors, vanity wash hand basin, WC, radiator, uPVC double glazed window with patterned glass, extractor fan.
Outside: Outside the property benefits from an area of lawned garden close by. Tenure & service charge: The property is leasehold – the length of lease is to be confirmed.
Ground Rent: £10 per annum. Agents note: This property has an East Devon Council occupancy restriction (Section 157).
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
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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 10, Queens Road, Budleigh Salterton
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