2-bedroom flat · EX12 2PA
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the heart of the town centre of Seaton, this two bedroom apartment is part of the Tanyards Court over 55's Retirement complex.
Tanyards Court is a delightful development of 32 one and two bedroom apartments which is well positioned within the beautiful seaside location of Seaton.
The nearest supermarket is a Tesco Superstore just a short distance from the property .
The building also benefits from an internal lift to all floors if required by residents, there are also two staircases within the building.
Hallway - Front door leading into a good size hallway with large storage cupboard. Pendant light with doors leading off.
Further benefiting from a storage heater Lounge - 4.01 x 3.61 (13'1" x 11'10") - Lounge with south facing window with views over the town to the sea.
Electric fire and opening leading into the kitchen. Further benefiting from a BT and TV point Kitchen - 2.70 x 2.41 (8'10" x 7'10") - Opening from the lounge leads into the kitchen.
Fitted with a selection of base and wall units. Comprising space for cooker and fridge, extractor fan and window to the side aspect and a stainless steel sink and taps.
Bathroom - Dooring leading in from the hallway. Fitted with a white suite consisting of low level toilet and sink. Lino floor covering and a walk in shower with electric shower.
Further benefiting from a electric towel rail and extractor fan. Bedroom 1 - 4.01 x 3.00 (13'1" x 9'10") - Door leading in from the hallway. A double bedroom with a south facing window.
Further benefiting from a panel heater under window Bedroom 2 - 3.11 x 3.00 (10'2" x 9'10") - Single bedroom with south facing window.
Agents Notes - Tenure: Leasehold Over 55s Age Restriction Lease length: 99 year lease with approximately 62 years remaining Service Charge: £3,221.16 Ground Rent: Peppercorn Local Authority: East Devon District Council Council Tax Band: B Utilities: Electric, water and drainage are all mains connected.
Broadband: Fibre to cabinet broadband with part fibre connection is available. Copper broadband with a copper connection is available. Go to openreach.com for more information.
Mobile phone coverage: For more information can be found checker.ofcom.org.uk
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 Beer Road, Seaton
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