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See how verdicts work2-bedroom flat · EX9 6LA
For saleListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a great opportunity to acquire a two-bedroom top floor apartment in the desirable development of The Rosemullion.
It is conveniently situated close to the coastal path with easy access to the town centre and seafront.
The property benefits from stunning views over Budleigh Salterton and across the coastline to the Otter Head.
Accommodation The Rosemuillion a well-maintained development with multiple access points located around the building.
An internal staircase and lift can be found at the rear of the building to suit all needs. Upon entering the apartment, one will find themselves in the hallway leading to all rooms.
An intercom telephone is located in the hall for ease of providing access into the main building for visiting friends or family.
One will find two double sized bedrooms both benefitting from built in storage, with bedroom one benefitting from a built dressing table, additional storage cupboards, an entry phone, and lastly pleasant town views.
The bathroom comprises a bath, pedestal sink with tap, WC, wall mounted mirror, light and shaver socket and an extractor fan.
The main feature of this apartment is the beautiful coastal views of Budleigh Salterton from the sitting room, with two windows overlooking the coastline it floods the room with natural light and is a real eye catcher.
The sitting (truncated) Outside 12A has a garage located in a nearby block situated at the rear of The Rosemullion and a communal car park.
A communal garden is situated alongside the cliff path for the private use of the residents as well as a gate right onto the cliff path.
Material Information What3words: ///vouch.symphony.treaty Tenure: Share of Freehold Rights & Restrictions: Or Holiday Lets Maintenance Charge & Service Charge £1409 every 6 months Council Tax: Band D (East Devon District Council).
Mains: Electricity, Gas, Water & Drainage. Mobile Signal & Broadband: We advise that you should check the availability and signal strength with your supplier. Flood Risk: Very Low.
Parking: Double Garage offering off street parking. Property Accessibility: One step up to front door and a internal lift providing access to all floors. Planning affecting the property: None
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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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
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FAQ
About 12A,, The Rosemullion, Budleigh Salterton
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