4-bedroom detached house · EX9 6NZ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Dating from the early 19th century, 'Prospect House' is an attractive stuccoed Regency property built on the hillside overlooking Budleigh Salterton and Lyme Bay.
In need of updating, the property offers the potential purchaser an ideal opportunity to create a truly wonderful family home with all the amenities of modern living combined with period features including large original doors and sash windows, louvred shutters, an original conservatory, high ceilings, fine cornicing and deep skirting boards.
Lovely views across the town and towards the sea can be appreciated from most of the principal rooms.
The ground floor accommodation is accessed from a welcoming reception and briefly comprises a generous sized drawing room and a large living room / study, both with open fireplaces and full-height sash picture windows overlooking the gardens.
There is also a well-proportioned dining room with attractive bay window, completing the ground floor is the kitchen, cloakroom with separate W.C and a larder.
On the first floor, there is a large principal bedroom suite with the benefit of an en-suite bathroom and a separate dressing room.
There are three further bedrooms on the first floor, serviced by a family bathroom and separate W.C.
The second floor offers two additional rooms, as well as a useful room for storage, these two rooms could be converted into bedrooms subject to the necessary planning constraints being satisfied, precedents have been set in the local area.
The basement area has superb potential to create further accommodation if required, or even a separate annex with its own entrance from the rear (subject to planning permission being granted).
'Prospect House' is situated on Upper West Terrace, one of the most prestigious roads in Budleigh Salterton in a conservation area.
Upper West Terrace is an easily accessible location for the town centre and the wonderful beach, which is on the designated World Heritage East Devon coastline known as the Jurassic Coast.
The property is approached over a driveway providing parking in front of a detached garage and store room.
Stone steps lead up to the house which is surrounded by mature, enclosed gardens, whilst the conservatory at the side of the house enjoys a sunny orientation.
There is also an additional area of walled garden at the rear. Prospect House, Upper West Terrace, Budleigh Salterton, Devon, EX9 6NZ • The property is Grade II* listed.
• The property is offered for sale freehold, by private treaty. • All mains gas, drainage, water and electric are connected to the property. • Gas fired central heating. • Council Tax Band G.
Local Authority- East Devon District Council.
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
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 advisors 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 Upper West Terrace, Budleigh Salterton, EX9
Explore nearby