Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · EX8 3DT
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by conditional online auction, powered by Bamboo Auctions. Bidding closes at 12PM on 26th November 2026. Visit to place a bid.
A fantastic opportunity to acquire two self-contained flats under one freehold title, with driveway parking, a garage and excellent investment or refurbishment potential.
Full Description An exciting opportunity to acquire a substantial freehold property arranged as two self-contained apartments, sold together with investment or refurbishment potential, subject to consents.
Situated on Lyndhurst Road in Exmouth, the property offers approximately 1,338 sq ft of accommodation over two floors, with each apartment separately assessed for Council Tax.
The ground floor flat comprises two bedrooms, a reception room, kitchen, and bathroom. The first floor flat features two bedrooms, a bay-fronted reception room, kitchen, bathroom and separate WC.
Outside, there is driveway parking to the front and a garage to the rear, providing parking or storage.
Sold as a whole under one freehold title, the property offers scope for continued use as two rental apartments or potential conversion into a substantial family home, subject to necessary permissions.
Auction Terms For sale by conditional online auction, powered by Bamboo Auctions. Bidding closes at 12PM on 26th November 2026. Visit to place a bid.
Location Description Lyndhurst Road is conveniently situated within easy reach of Exmouth town centre, offering a variety of shops, cafés, restaurants and local amenities.
Exmouth's popular seafront and sandy beach are also nearby, along with Phear Park.
The area benefits from good transport links, including regular rail services to Exeter, making it an ideal location for both residents and commuters.
Material Information What3Words: ///toys.dates.twig Tenure: Freehold East Devon District Council, Band: A for both Mains: Gas, Electric, Water and Sewerage Heating: Gas Central Heating Parking: Off Street, Driveway & Garage Agents Auction Notes This property is being sold by conditional online auction and a non-refundable reservation fee of £6000 or 4.2% + VAT applies, whichever is the greater (in addition to the purchase price).
If you are the successful bidder, you will be charged the amount of £6,000 + VAT (£7,200) or 4.2% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder.
You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.
Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions. These details are subject to change up to and including the day of the auction.
Please check our website regularly at: and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.
Definition Of A Guide Price And A Reserve Price: Guide Price: An indication of the seller’s current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued.
This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall.
A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Lyndhurst Road, Exmouth, Devon
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