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 work2-bedroom property · EX8 1DJ
Sold STCReduced £20k (−8%) on 25 OctListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Coastal Living with Parking in Central Exmouth A contemporary and stylish 2-bedroom apartment situated on the first floor of a modern building, located in the heart of Exmouth.
Perfectly positioned just a stone’s throw from the town centre and the beach, this apartment offers the ideal living space for first-time buyers or investors looking for a prime coastal location.
As you enter the apartment, you are greeted by a welcoming hallway that leads to two generous double bedrooms, both offering plenty of space and natural light.
The family bathroom features a sleek white suite, complete with modern fittings, ensuring comfort and convenience.
At the rear of the property, the open-plan kitchen, dining, and living area creates a light and airy atmosphere.
The kitchen boasts neutral-tone cabinetry, complemented by bright white worktops and integrated appliances, making it both practical and stylish.
The large windows throughout the space allow for an abundance of natural light, enhancing the contemporary feel. The apartment benefits from lift access, making it easily accessible for all.
Additionally, there is an allocated undercroft secure parking space, providing off-road convenience in such a central location.
Local Area: Exmouth is a charming seaside town with a vibrant atmosphere, offering a range of shops, restaurants, and cafes right on your doorstep.
The town is well-connected with frequent bus services and a train station providing easy access to Exeter and beyond.
For those who love the outdoors, the stunning Exmouth beach is just a short walk away, offering water sports, scenic walks along the coast, and a relaxed pace of life.
Additional Information: Council Tax Band: C Management and Service Charge: £1,501.50 per annum (estimated), next review date January 2026, including building insurance Management Company: Estuary Reach Exmouth Management Company Ltd Lease Length: 999 years from 1st January 2020 Share of Freehold Holiday Use Permitted No Pets Marketed by: Fulfords Estate Agents This property is a must-see for anyone seeking a modern, low-maintenance home in one of Devon’s most desirable locations.
Contact Fulfords Estate Agents to arrange a viewing today!
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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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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