1-bedroom flat · EX7 0BJ
Sold STCListed 209 days
Opportunity summary
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About
Detailed Description Purpose built ground floor flat situated in a favoured residential area handy for the town, public transport and the sea.
The accommodation is fitted with modern uPVC double glazing and electric heating and comprises; reception hall, living/dining room, kitchen, double bedroom, shower room.
It also offers well maintained communal garden, laundry and garage. No onward chain. Tenure: Leasehold. Council Tax Band: A. EPC: D.
Location: The property is situated in a well regarded, quiet road conveniently located to maximise the great lifestyle offered by this seaside town.
The beach, town centre, bus and rail links, schools and leisure centre are all within half a miles walk.
The town offers a range of independent shops and eateries based around the central lawn and brook, which is home to the famous black swans.
Accommodation: Prospect House is a purpose built block of 28 apartments set in well maintained communal grounds with some lovely views over the town towards the sea and countryside.
There is also a communal launderette which is subsidised by the maintenance charge. This property is located on the ground floor opening out onto the grounds and enjoys a pleasant outlook.
The accommodation benefits from recently update uPVC double glazing and electric heaters. It is approached via a communal hall and has a front door leading to the reception hall with tiled flooring.
The bright, well presented living room offers the opportunity to appreciate the setting with large patio doors opening onto a patio and offering the lovely view.
There is also a useful storage cupboard. Off the living room is the kitchen which is fitted with a range of base and wall units and is complete with a fridge freezer, electric oven and washer/dryer.
The comfortable double bedroom also offers the lovely outlook.
The bathroom is fitted with a white suite and includes a large walk-in shower enclosure with electric shower and there is the added comfort of underfloor heating.
Outside: The flat has the benefit of it's own paved patio and Prospect House has delightful communal gardens with a variety of mature trees, well stocked borders and a pond.
They also offer the opportunity to enjoy the sea and countryside views. Parking: Flat 2 has the benefit of a single garage in a block and there is also communal parking available.
Tenure: The property is held on a lease with a term to August 2983.
It has a share of the freehold and the block is run by a management company with a monthly service charge of approximately £100 Please Note: Pets are not permitted at Prospect House.
Measurements Lounge/Diner: 15'11" x 10'5" (4.85m x 3.18m) Kitchen: 10'5" x 7'0" (3.18m x 2.13m) Bedroom: 11'10" x 10'5" (3.61m x 3.18m) Shower Room: 7'2" x 6'8" (2.18m x 2.03m)
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 2 Prospect House, East Cliff Road, Dawlish
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