2-bedroom house · EX3 0HT
For saleReduced £50k (−13.3%) on 21 JunListed 907 days
Opportunity summary
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About
We are delighted to present this two-bedroom house in the centre of topsham offering lovely estuary views. Large lounge diner, top floor living room with estuary views and sunny courtyard entrance.
No onward chain. Situation Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary.
The town is steeped in history and famed for its ship-building past and the Dutch architecture found in the older part of the town and in particular The Strand.
With easy commuting and access to the M5, only a 5 minute drive away, Topsham is also well served by rail.
The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St Davids, connecting it to the national network. Exeter airport is some 5 miles away.
Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctors surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants.
It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve.
We are delighted to present this well sized two-bedroom house in the centre of Topsham offering lovely estuary views. Large lounge diner, living room with estuary views and sunny courtyard.
No onward chain. The property is set back from Fore Street and accessed via Chapel Place cobbled path, it has a separate ground floor entrance.
A gate leading into the sunny courtyard garden with a stable door into the property. First floor Main entrance leading into the fitted kitchen with beamed ceiling and understairs storage.
Steps to the main hallway with stairs rising and doors to all rooms. Large lounge diner with window to the front offering lovely views down Fore Street, gas effect log burner and beamed ceiling.
Master bedroom also with an outlook to the front and fitted wardrobe space. Bathroom with electric shower over a bath and window to the side.
Second floor On the top floor there is a large living room/library with a vaulted beamed ceiling, exposed brick wall with a historic fireplace and Velux windows offering lovely views of the estuary and Fore Street.
Storage cupboard with water tank (this area could be turned into a shower room, subject to planning permission).
Further double bedroom also with fitted wardrobe space, a vaulted beamed ceiling and Velux windows boasting views. This top floor could be configured for additional bedroom if desired.
Sunny courtyard garden with a selection of flowers and two historic water pumps. Gate onto the cobbled path leading into beautiful Topsham.
This property would make for a fantastic opportunity to live in the heart of Topsham in a characterful home and is being offered with no onward chain.
Also, a great investment either as a holiday let or second home. For further information or to arrange a viewing, please contact our office. Lease details: 999-year lease from 29th September 1999.
Peppercorn rent. There is a copy of the lease which is available to view upon request. To View the Virtual Tour copy & paste the link into a web browser: Virtual tour
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 1, Hoods Buildings, Topsham
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