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See how verdicts work2-bedroom flat · EX9 6JU
Listing removedListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer to the market with no onward chain this purpose-built ground floor apartment which enjoys a superb southerly orientation and offers fantastic sea views across Lyme Bay.
Light and airy throughout, the accommodation is arranged to make the most of the outlook, with the generously proportioned living room, taking full advantage of the fine coastal aspect.
From here, doors open out to a delightful sun terrace, the perfect setting for al-fresco entertaining, with lovely views across the communal gardens and out towards the sea.
The layout of the apartment is both practical and well balanced.
A central hallway provides access to all rooms, with two bedrooms situated towards the rear of the property, each offering an interesting outlook back over the town.
Bedroom one is a comfortable double, while bedroom two, makes an ideal guest bedroom, study or hobby room. The property benefits from a main bathroom together with a separate WC.
The reception areas are particularly versatile, with a separate dining room which connects directly to the kitchen.
The kitchen itself provides ample space for everyday use and could be updated to suit a new owner’s requirements.
Together, these areas create an inviting and functional living environment, with clear potential to personalise and modernise.
The apartment is further enhanced by the practical benefits of double glazing and gas-fired central heating, with a new combi boiler having been installed in March 2024.
Outside, residents enjoy access to beautifully maintained communal gardens, which are well kept and include a private gate that leads directly onto the coastal cliff path, offering a short walk down to the beach and the town centre.
There is also provision for both private and visitors’ parking, making the property as convenient as it is charming.
Redcliff Court occupies a particularly private yet highly convenient location, just a few hundred yards from Budleigh Salterton’s town centre, its excellent amenities and the coastal path.
Budleigh Salterton is a tranquil and unspoilt Regency town, situated on the Jurassic Coastline of East Devon, which has been designated a World Heritage site.
It remains one of the most desirable coastal locations in the West Country, with its two-mile beach of clean, safe bathing waters framed by picturesque sandstone cliffs and offering panoramic views across Lyme Bay.
The surrounding area is also rich in natural beauty, with Woodbury Common and the Otter Estuary both close at hand, the latter designated as an Area of Outstanding Natural Beauty and home to a wealth of wildlife.
Within the town itself there is an excellent selection of independently run shops, along with restaurants, cafes and practical amenities including a primary school, doctor’s surgery, hospital, dentists and a library, all of which are within walking distance.
Additional information: Council Tax Band: E Local Authority: East Devon Lease Term: 999 year lease from 1983.
Ground Rent: Tbc Service Charges: £2,400 Per year *This information is to be confirmed by the solicitor* Early viewing is highly recommended due to the property being realistically priced.
Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose.
Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate.
Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves.
Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure To be confirmed by the Vendor’s Solicitors Possession Vacant possession upon completion Viewing Viewing strictly by appointment through The Express Estate Agency
Value & comps
No previous sales on record.
Returns
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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.
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About Redcliff Court, Cliff Road, Budleigh Salterton
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