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See how verdicts work2-bedroom flat · EX8 5AX
Sold STCListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this self-contained and beautifully presented two double bedroom ground floor country apartment is full of charm and character.
The property benefits from electric central heating and double glazing (where stated).
The accommodation is centred around an elegant reception hall featuring a striking 12 foot high ceiling and original tiled flooring, with all rooms accessed from this space.
There is a dual aspect, bay-fronted sitting room with an open fireplace, two well proportioned double bedrooms, a modern fitted dual aspect kitchen with integrated appliances, and a contemporary shower room.
Externally, the property enjoys its own private front garden, with a garage and parking located just beyond.
Situated on the fringes of Lympstone and Exmouth, this delightful home would make an ideal main residence or weekend retreat. Early viewing is highly recommended.
Location The original Tedstone House was divided into 6 apartment's in the 1960's. Situated on Tedstone Lane, the property is c.
Half a Mile from both Lympstone village and the Coastal town of Exmouth, both enjoying many day to day amenities including water Sport activites and Railway stations.
The Cathedral City of Exeter is just a 20 minute drive away, as is the M5 Motorway, with Exeter International Airport just a 25 minute drive from this apartment.
Accommodation Step up to Original wooden front entrance door, with marble pillars to either side, leading to: Reception Hall - 23'8" (7.21m) x 13'7" (4.14m) Max 12 foot high ceiling.
An elegant room with original ceiling cornice coving and ceiling rose, original Mosaic tiled flooring. High skirting boards. Picture rail. Radiator. Smoke alarm. Doors leading to all rooms.
Sitting Room - 20'5" (6.22m) Into Bay x 16'3" (4.95m) Dual aspect having walk - in bay window to front and further window to side. 12 foot high ceiling.
Focal point of open fireplace having a marble mantle and surround with a tiled back and hearth. 3 radiators. Original ceiling cornice coving. Ceiling rose. Picture rail.
Kitchen - 18'5" (5.61m) x 9'11" (3.02m) Max An L shaped room. Dual aspect having 2 uPVC double glazed windows to side and sash window to front.
Good range of modern fitted cupboard and drawer storage units with Wooden work surfaces, matching up stands and tiled splash backs.
Ceramic one and a half bowl sink with single drainer unit and mixer tap. Built - in 4 ring electric hob. Eye level electric oven, grill and microwave. Integrated slimline dishwasher.
Integrated fridge and freezer. Integrated washing machine. Radiator. Bedroom 1 - 16'7" (5.05m) x 13'6" (4.11m) 12' foot high ceiling. Sash window overlooking front garden.
2 built - in shelved storage cupboards to either side of chimney breast. Radiator. High skirting boards. Picture rail. Ornate ceiling coving.
Bedroom 2 - 16'5" (5m) x 8'7" (2.62m) uPVC double glazed window to side. Radiator.
Shower Room Modern fitted white suite of tiled shower cubicle with thermostatically controlled shower unit, including Rainfall waterhead, low level WC and vanity wash hand basin.
Wooden flooring with underfloor heating. Heated towel rail. Extractor fan.
Access to loft space which also houses the electrically heated Combi boiler that supplies the central heating and domestic hot water.
Externally The property has its own enclosed Garden immediately to the front of the apartment. There is a stone shingle pathway that leads up to the front entrance door.
The remainder of the gardens are then laid to lawn with shrub and herbaceous beds and borders that provides year round interest and colour.
To the side of the property is: Garage - 18'3" (5.56m) x 8'11" (2.72m) Up and over door to front. Window to rear. Power and light connected. Parking to the front of the garage.
Tenure The property is leasehold. We understand there are c. 125 years remaining on the lease.
The Freeholder owns 3 of the 6 flats that form Tedstone House, so there is no formal management company with any costs on an 'as and when' basis, the current vendors pay 20% of those costs.
Ground Rent for property and garage is £26 per annum. Annual Building Insuarnce is c. £205 Services Mains Water (on water meter) & Electricity are connected. No mains Gas available.
Septic Tank at bottom of neighbouring land (which belongs to the Freeholder) with an annual cost to this apartment of c. £70.
Council Tax Band B Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Agents Note These are draft particulars and are awaiting vendors verification Directions From our prominent Town Centre office, head down Rolle Street.
Turn left at the first roundabout, then right at the next onto Marine Way, passing Exmouth Train Station. Continue onto Exeter Road, leaving Exmouth and heading towards Lympstone.
At the traffic lights with The Sadler Inn on your left, turn right into Wootton Lane.
Take the first left into Tedstone Lane where the entrance to the property will be clearly identified by our For Sale sign.
What3words /// surely.rival.daisy Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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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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.
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FAQ
About Flat 3 Tedstone House, Tedstone Lane, Exmouth
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