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See how verdicts work3-bedroom flat · EX9 6JU
For saleReduced £55k (−20.4%) on 25 OctListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb top floor three bedroom apartment boasting exceptional views over the sea and Budleigh Salterton beach.
Located within walking distance of the town and of course even closer to the sea front and with direct access on to the coastal path the flat offers bright and spacious accommodation which could now benefit from a programme of modernisation.
Offered with no ongoing chain. Viewing is recommended.
THE ACCOMMODATION COMPRISES: COMMUNAL HALLWAY: Stairs and lift to top floor; private front door giving access to: RECEPTION HALL: Door entry phone; coat rack; wall lighting.
LOUNGE: 4.37m x 4.24m (14'4" x 13'11") A bright dual aspect room with double glazed windows, both gaining wonderful uninterrupted sea and coastal views; fire surround housing electric fire; radiator.
KITCHEN: 2.95m x 2.57m (9'8" x 8'5") Fitted with patterned worktops with tiled surrounds; cupboards, drawer units and plumbing for automatic washing machine beneath; inset one and a half bowl single drainer sink unit; four ring electric hob with extractor hood over; built in oven with cupboards above and below; wall mounted cupboards; Vailant gas boiler for domestic hot water and central heating; two double glazed windows enjoying an open outlook; cupboard recess with power socket.
BEDROOM ONE: 49.91m x 4.39m (158'69" x 14'5") maximum measurement.
Spacious dual aspect main bedroom with double glazed windows with wonderful outlook across the town affording uninterrupted views over to the pebble beach sea and coastline beyond; fitted with a range of wardrobes.
EN-SUITE BATH/SHOWER ROOM: 2.74m x 2.08m (9'0" x 6'10") Comprising bath set in tiled surround; wash hand basin set in display surface with cupboards and drawer units beneath; large shower cubicle with curved shower splash screen and splash screen walls; shower unit; WC; radiator; fully tiled walls.
BEDROOM TWO: 3.43m x 3.35m (11'3" x 11'0") Double glazed windows enjoying a pleasant open outlook; radiator; wardrobe plus additional wardrobe.
BEDROOM THREE/STUDY: 2.84m x 1.83m (9'4" x 6'0") Double glazed window enjoying views over the pebble beach and coastline beyond.
SHOWER ROOM/WC: 1.83m x 1.52m (6'0" x 5'0") Comprising shower cubicle; wash hand basin; WC: part tiled walls; double glazed window.
OUTSIDE: There is a well maintained communal lawned garden with mature shrubs and trees for enjoyment of all the residents.
There is a pedestrian gate providing direct access onto the coastal path which leads down to the beach and the town centre.
Opposite the entrance there is a car parking area belonging to Rosemullion Court where each flat has one allocated parking space and there is also a visitors space too.
SERVICE AND TENURE: Shared Freehold - Lease 999 years from September 1996. we understand the maintenance/service charge is approximately £2,400 per year. No pets or Holiday Lets are allowed.
Council Tax Band E.
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 Cliff Road, Budleigh Salterton, EX9 6JU
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