3-bedroom flat · EX13 5DP
For saleReduced £10k (−6.3%) on 3 SepListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned town centre flat with accommodation over two floors and coming to the market with the benefit of no onward chain.
The Property A three-bedroom flat located in the heart of the market town of Axminster, with easy access to the shops and local amenities.
Viewing is highly recommended to fully appreciate the amount of accommodation on offer.
Accommodation Access is through a communal entrance hall, in through a door on the right with a staircase leading up to the accommodation into the private entrance hall.
There is a room at this level that could be used as a bedroom or as a study. Another staircase then rises to the main accommodation.
On this level you will find two double bedrooms, the living room, a bathroom with a white suite and the kitchen which is comprehensively fitted with a range of wall and base units, space for white goods and the central heating boiler.
The landing provides access to the large loft space which has a pull-down ladder and a light fitted. New carpets have just been fitted throughout.
Situation The property is in a most convenient position in the centre of Axminster.
Axminster is a bustling market town on the eastern fringes of Devon, close to the border with West Dorset and South Somerset.
The beautiful Axe Valley with its renowned bird sanctuary reaches the sea at Seaton (6 miles) and the famed beaches of the World Heritage Jurassic Coast and the resort of Lyme Regis are at a similar distance.
Exeter (M5) is 24 miles, and Taunton 20 miles.
Axminster itself offers a selection of independent and national retailers including two supermarkets, schooling and train station on the direct line to London Waterloo and Exeter.
Local Authority East Devon District Council Blackdown House, Border Road, Heathpark Industrial Estate, Honiton, EX14 1EJ. Tel : Council Tax Band B.
Services All mains services connected Directions What3words - On Foot: From our Symonds & Sampson office in Trinity Square, turn right and follow the pavement around to the Coop.
Cross over the road towards the George Hotel where the entrance to the property can be found before the entrance to Pig Lane.
Material Information Lease details: Lease commenced 01.06.2004, for 999 years (977 remaining).
Annual Service Charge : £0 Annual Ground Rent : Nil Residents are responsible for the maintenance of the building on an as-and-when basis. Insurance premium is payable to the freeholder.
The area surrounding the property is at very low risk of flooding from surface water, rivers and seas.
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
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FAQ
About Flat 2, Pulman House, George Street, Axminster
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