Studio flat · EX9 6RB
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoy life close to the coast in this welcoming two-bedroom ground-floor apartment in Norman Crescent, Budleigh Salterton.
With bright living accommodation, neutral interiors and allocated parking, it offers a comfortable home within easy reach of the town's shops, cafés and beautiful pebble beach.
The lounge/diner is a lovely focal point, with two windows bringing in plenty of natural light and space for both relaxing and dining.
Wood-effect flooring and soft neutral tones provide an inviting backdrop for your furniture.
The separate kitchen features light wood-effect cabinets, contrasting worktops and tiled splashbacks, with a window above the sink adding to its bright feel.
Two carpeted bedrooms offer flexibility to suit your needs, whether you're looking for an additional bedroom or space to work from home.
The contemporary bathroom features white wall tiles, contrasting dark flooring and a bath with a shower over and glass screen, alongside a washbasin, WC and chrome towel rail.
An entrance hallway with an entry-phone handset, double glazing and electric heating completes the accommodation. Outside, the allocated parking space and bicycle store add everyday convenience.
Budleigh Salterton's independent shops, cafés and seafront are close by, while the River Otter and surrounding East Devon countryside offer wonderful opportunities for walks.
Local buses connect the town with Exmouth and Sidmouth, with rail connections to Exeter available from Exmouth.
If you're looking for a welcoming home with the coast close at hand, we'd love to show you around. Contact the Redferns lettings team to find out more or arrange your viewing.
Holding Deposit: £219.00 : Tenancy Deposit: £1,096.00 Living/Dining Room Kitchen Bathroom 1 Bathroom 2 Hallway
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Norman Crescent,
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