2-bedroom flat · EX10 8XU
For saleReduced £45k (−6.5%) on 27 JunListed 215 days
Opportunity summary
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About
A most attractive and spacious apartment converted from a Georgian house enjoying a southerly aspect with stunning views over the town and sea.
Converted into four large apartments during 2003/2004, the property further benefits from a 35' drawing room, spacious kitchen/breakfast room, two double bedrooms, modern bathroom and en-suite, balcony and garage en bloc About Forming part of an elegant Georgian residence, this most attractive and generously proportioned apartment enjoys a wonderful southerly aspect with far-reaching views across the town and out to sea.
Sympathetically converted in the early 2000s into a small collection of just four substantial apartments, the property combines period character with modern convenience, all set within delightful private grounds.
A comprehensive refurbishment of the exterior of the building and internal common areas was recently completed.
Approach The approach is immediately impressive, with double doors opening into a refined communal hallway rich in period detail, including deep skirting boards, ornate cornicing and ceiling roses, complemented by chandeliers and a sweeping wooden staircase rising to the first floor.
Once inside, the apartment continues to impress with a welcoming entrance hall offering a sense of space and practicality.
Drawing Room A particular highlight is the magnificent drawing room, an exceptionally light and expansive space designed to take full advantage of its enviable position.
Double doors open onto a south-facing balcony, perfectly framing the stunning sea views, while a wide bay window and additional windows provide further outlooks towards Salcombe Hill.
The room is beautifully finished with decorative cornicing, ceiling roses and an elegant fireplace with marble insert, creating a superb setting for both relaxation and entertaining.
Kitchen/Breakfast Room The kitchen/breakfast room is equally well appointed, fitted with a comprehensive range of modern units complemented by polished granite work surfaces and integrated appliances.
A pleasant outlook over the gardens towards Salcombe Hill enhances the space, making it ideal for everyday living.
Bedrooms There are two well-proportioned double bedrooms, both enjoying attractive views across the gardens.
The principal bedroom benefits from a spacious en suite shower room, fitted with a contemporary suite, while the second bedroom is served by a stylish main bathroom with shower over the bath.
Outside Externally, the property is set within beautifully maintained communal grounds, with sweeping lawns, gravel pathways and well-stocked beds providing a peaceful and private environment.
A communal driveway leads to a garage block, where the apartment benefits from its own garage with an electric operated door, along with additional parking to the front and further visitor spaces.
A convenient pedestrian access provides a pleasant and direct route towards the town centre.
Summary Overall, this is a rare opportunity to acquire a refined and spacious home within a distinguished period building, offering an exceptional blend of character, comfort and captivating views.
Material Information Tenure: Share Of Freehold. 999 year lease expiring 10/08/3003.
Management Fee: There is a maintenance charge of £4,995 paid per annum, which we understand covers the insurance of the building, window cleaning, maintenance and cleaning of the communal areas, maintenance of the building and the communal gardens.
We understand that there is a sinking fund in place. The building is superbly run and maintained to the highest standard. Mains services connected: Electric, Gas, Water and Drainage.
Council Tax: Band F with East Devon District Parking: Driveway with off road parking
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, Sidmount, Sidmouth
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