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See how verdicts work2-bedroom flat · EX9 6JP
For saleListed 221 days
Opportunity summary
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About
A unique, first floor apartment with stunning views along Budleigh beach, on to Otter Head and across the whole of Lyme Bay.
Panoramic views also extend over the town towards the surrounding countryside beyond.
This stunning home makes up the entire first floor of this property, which was built around 1900, and is undoubtedly one of Budleigh Salterton’s most attractive residences.
The property enjoys an elevated, southerly aspect and sits within a charming plot of a third of an acre.
Being situated at the top of Victoria Place it boasts a desirable location within a quiet conservation area, yet conveniently provides direct access onto the cliff path which links Jubilee Field, the sea front and town centre.
The apartment is beautifully presented, tastefully decorated throughout with high quality kitchen and bathroom suites.
Overall the accommodation is spacious and versatile, many of the rooms enjoy double aspects and stunning views of the surrounding area or the gardens.
The owners have retained many unspoilt, characterful features, notable examples include high ceilings with fine mouldings, bay windows, stained glass and a wonderful reception hall with an attractive staircase.
A more contemporary addition was the sun balcony off the sitting room which enjoys the sun all day and provides the most amazing beach and coastal views.
Outside, the property is surrounded by beautifully landscaped gardens with thoughtfully placed terraces which afford privacy as well as wonderful views.
The borders are made up with with a wide range of specimen shrubs and plants that provide interest and colour throughout the seasons.
There is a level lawned area which affords enjoyment and belongs exclusively to this property. There is single garage within a separate block and additional private parking for 4 cars.
There are only two apartments within the building, both owners have been mindful to keep “Broomleas” and the gardens extremely well maintained.
Maintenance is on an “as and when” basis and shared 50/50 with the other apartment.
It may be of interest that the ground floor apartment is also on the market, there is clear potential to easily convert the property back into one residence.
ACCOMMODATION: • Entrance Lobby • Reception Hall • Sitting Room / Lounge • Kitchen / Dining Room • Utility Room / Study • Separate Cloakroom / W.C • Sun Balcony • Bedroom One • Bedroom Two • Family Bathroom • En-Suite Shower Outside: • Single Garage • Landscaped Gardens & Sun Terrace Agent’s Notes: • The property is offered for sale leasehold, by private treaty.
• All mains gas, drainage, water and electric are connected to the property. • Gas fired central heating & Log burning stove. • Fully double glazed windows and doors throughout.
• EPC Rating – D ( 68/73) • Council Tax Band F. £3344.36 per annum. Local Authority- East Devon District Council.
BUDLEIGH SALTERTON A tranquil and unspoilt Regency town by the sea, which has managed to retain much of its classic beauty and original charm.
Situated on the Jurassic Coastline of East Devon and designated as a World Heritage site, it is considered one of the most desirable coastal locations in the UK.
The beautiful two-mile beach, with very clean and safe bathing water, is framed by the picturesque sandstone cliffs, and allows panoramic views across Lyme Bay.
Nearby is the Otter Estuary, which has been designated an Area of Outstanding Natural Beauty and has an abundance of wildlife to explore.
Budleigh Salterton has much to offer, having an impressive variety of interesting shops with a wide choice of individually run family businesses, restaurants and cafes.
There is also a primary school, doctor's surgery, dentists and a library, all within close proximity of the property.
There are a number of clubs and societies that cater for all ages and cover a range of interests, pursuits and activities.
East Devon Golf Club, Budleigh Cricket Club plus the Croquet and Tennis Club are renowned sporting venues, whilst culturally the art galleries and drama playhouse have regular exhibitions.
The annual literary and music festivals are recognised on an international level, with some of the town’s famous residents regularly contributing.
There are opportunities for all types of cycle routes, water sports and fishing along the coast and in the Exe Estuary.
Scenic walks can be enjoyed along the South West Coastal path and the Otter Estuary.
The nearby pretty villages of East Budleigh, Otterton and Colaton Raleigh also offer opportunities for exploration and investigation, with superb walking and riding potential on Woodbury Common.
The Cathedral City of Exeter lies just 12 miles away, famous for its Cathedral, University, theatres and relaxed style.
Budleigh Salterton has access to numerous local bus routes, whilst communications from Exeter are excellent and include the M5 motorway, a main line rail link to London (Paddington & Waterloo) and an international airport.
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.
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FAQ
About Victoria Place, Budleigh Salterton, EX9
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