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See how verdicts work3-bedroom flat · EX9 6EJ
No longer listedListed 439 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
'Heron's Reach' is a unique property, situated just a five minute walk to Budleigh beach and the River Otter, the property has its own private garden and ample private parking.
Both units have been been refurbished and decorated to a high standard and are fully double glazed with high quality, suites, fixtures and fittings throughout.
The pro pert affords a number of uses to include home with income, home with separate annexe for a relative, separate area for consulting / working from home, holiday let business or a long term rental opportunity.
Unit 1: A ground floor apartment consisting of: * Large Bedroom * Kitchen / Breakfast Room * Living Room * Bath / Shower Room Unit 2: A detached house consisting of: * Large Bedroom * Kitchenette fitted with a sink, portable hob, Toaster and Kettle and a full sized microwave.
* Separate bathroom with a walk-in shower Lounge / Living Room Outside * Private south facing garden.
* Sun Patio * Hot Tub * Ample Private Parking Both units are Council Tax Band B All main services are connected No onward chain
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About East Budleigh Road, Budleigh Salterton, EX9
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