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See how verdicts work4-bedroom flat · EX9 6NU
Listing removedListed 357 days
Opportunity summary
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About
A very well presented modern apartment located in Palm Court, which is an exclusive block of only nine apartments. It was originally constructed circa 2002 to a very high specification.
This impressive development has a spacious south facing balcony and the added benefit of stunning direct sea and coastal views from all of the main rooms.
Main Entrance Foyer The full height of the grand staircase is enclosed by a glass wall, letting in light and affording an open feel, and views that will genuinely impress all visitors.
The Foyer is entered by keypad on the entrance door or intercom release by the occupant, from the apartment.
The flooring is polished marble tiles with an inset mat well to keep the floor clean in inclement weather.
The stairs take an elegant sweeping form with curved balustrade and stainless steel rail with glass panels and are covered in a hard wearing carpet, designed to lend quiet and luxury to the entrance.
The lift is carpeted and there is a tinted mirror to the walls. Beech front door to the apartment with glazed inset, leading to: Vestibule Beech flooring. Radiator. Dado rail. Cornice.
Fitted mirror with consumer unit cupboard below. Beech door with glazed panel leading to: L Shaped Reception Hall Beech flooring. Cornice. Low voltage halogen lighting. Dado rail. Telephone point.
Cupboard housing pressurised water tank with supplementary immersion heater and boiler controls. Built-in cupboard and shelving. Entry phone unit. Radiator.
Small cupboard housing cold water main stopcock. Sitting Room Enjoying tremendous open views to the sea. Beech fireplace surround with electric fire. Gas point. Two uPVC double glazed windows.
Two radiators. TV aerial points. Dimmer light. Cornice. Halogen ceiling lights. Dado rail. Telephone point. Recessed area with bookshelves.
UPVC double glazed door to; Balcony With timber decking giving a Mediterranean feel. Direct sea views along the coastline. Stainless steel hand rail and glazed panels.
Dining Room / Bedroom Four UPVC double glazed bay window. Cornice. Low voltage ceiling lights. Radiator. TV aerial point.
Kitchen / Breakfast Room Highly appointed and comprehensively fitted with a matching range of white units with extensive granite worktops. Integral stainless steel sink unit with monobloc tap.
UPVC double glazed window with superb sea view. A vast range of cupboards and drawers including storage for pans and cutlery; push-pull larder unit; broom cupboard; two carousel units.
Built-in Miele main fan oven with Miele microwave oven and second convection oven; inset halogen hob with stainless steel and glass cooker extractor hood. Miele dishwasher.
Large American style fridge / freezer. Bosch combined washer and tumble dryer. Utensil rail and tiling above work surface. Amtico flooring. Cornice. Low voltage lighting. Radiator.
Wall mounted gas central heating boiler. Granite table. Master Bedroom Pair of uPVC double glazed doors and window opening onto the balcony with direct sea views.
Fitted range of wardrobes and cupboards. Two ceiling-height cupboards and shelves. Two chests of 5 drawers. Two bedside units. Cornice. Halogen ceiling lighting. Radiator. Telephone point.
Opening to: Dressing Area Built-in wardrobes either side with full height beech folding doors and automatic lighting.
Door to: En Suite Bathroom And Shower Highly appointed white 'Sottini' suite comprising panel bath; bidet; His & Hers wash hand basins with monobloc taps set into white surfaces either side with cupboards and drawers beneath; low level WC with concealed cistern.
Large corner walk-in 'Showerlux' shower with chrome effect doors and screen; plumbed-in power shower. Fully tiled walls. Wall his & her cabinet with mirrors between and lighting over.
Low voltage halogen ceiling lighting. Chrome ladder double radiator/towel rail with summer setting. Bedroom Two UPVC double glazed bay window. Cornice. Halogen low voltage ceiling lights.
TV aerial point. Telephone point. Radiator. Fitted wooden beech bookcase. Bedroom Three Large built-in wardrobe with beech doors. Further fitted wardrobe and chest of drawers.
UPVC double glazed window. Radiator. Cornice. Low voltage halogen ceiling lighting. TV aerial point. Telephone point.
Shower Room Highly appointed white 'Sottini' suite comprising low level WC with concealed cistern; wash hand basin set into white surfaces either side with cupboards and drawers beneath.
Large extended 'Showerlux' shower with chrome effect doors and screen; power shower. Fully tiled walls and floor. Chrome ladder radiator/towel rail. Fitted mirror; shaver point.
UPVC double glazed window. Low voltage ceiling lighting. Outside The grounds and gardens are for the benefit of all the Palm Court residents. They are laid mainly to lawn with flower beds.
Pathways leading to gate to service lane, with steps down to the beach and seafront.
There is the additional benefit of a garage, which has an electrically operated up and over door with light and power.
Material Information Tenure: Leasehold (199 years from 2002) Maintenance: We understand that maintenance costs are approximately £2,400. Council Tax: Band G with East Devon District Council.
Rights and Restrictions: Or Holiday Lets. Mains: Gas, Electricity, Water & Drainage Heating: Gas Central Heating Parking : Single garage and visitor spaces
Value & comps
No previous sales on record.
Returns
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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 5,, Palm Court, Budleigh Salterton
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