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See how verdicts work5-bedroom terraced house · EX8 1NN
Listing removedListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by traditional online auction. For viewings please book in online via our website to one of the scheduled block appointments or call .
A fantastic mixed commercial and residential investment property briefly comprising a ground floor cafe/childrens play space/gaming zone retail premises with flat to rear and a further three flats at first floor level.
This deceptively large, extended, two storey, mid-terrace, property represents a great example of a well-run lettings vehicle and as such will appeal to a multitude of investor landlords on the lookout for a high-yielding rent machine.
Mixed retail and commercial property A fantastic mixed commercial and residential investment property briefly comprising a ground floor cafe/childrens play space/gaming zone retail premises with flat to rear and a further three flats at first floor level.
This deceptively large, extended, two storey, mid-terrace, property represents a great example of a well-run lettings vehicle and as such will appeal to a multitude of investor landlords on the lookout for a high-yielding rent machine.
Accommodation Commercial Ground floor: Cafe/childrens play space, leading to gaming zone, cloakroom/WC's. Residential Ground floor (to rear) flat 4: Hall, bed/living room, kitchen, shower room/WC.
First floor flat 1: Reception hall, kitchen, living room, bathroom/WC (stairs leading to second floor), two bedrooms.
Flat 2: Hallway with utility cupboard, kitchen/living room, bedroom with en-suite shower room/WC. Flat 3: Hallway, kitchen, living room, bedroom with en-suite shower room, cloakroom/WC.
Tenure Freehold subject to tenancies. Tenancies Commercial Tenant holding over from an original lease dated from 8th November 2019 to 7th November 2020.
The currents rents reserved are £625 per calendar month. Please refer to legal pack for security of tenure clause information.
Residential Flat 1: Let on assured shorthold tenancy agreement dated from 27th March 2018 with current rents reserved of £775 per calendar month.
Flat 2: Let on assured shorthold tenancy agreement dated from 2nd September 2025 with current rents reserved of £725 per calendar month.
Flat 3: Let on assured shorthold tenancy agreement dated from 14th February 2024 with current rents reserved of £825 per calendar month.
Flat 4: Let on assured shorthold tenancy agreement dated from 1st November 2024 with current rents reserved of £600 per calendar month. Epc's Commercial rating: B.
Residential ratings: Flat 1: D; Flat 2: D; Flat 3: C; Flat 4: D. What3Words ///stove.third.rewarding Broadband & Mobile Coverage Broadband: Ultrafast available Mobile: Likely inside.
Likely outside. Source: Viewings Please book into one of the scheduled block appointments on our website or call to book a viewing.
Important Information All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.
Auction Legal Pack & Finance Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About 1 High Street, Exmouth
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