2-bedroom flat · EX8 1BE
Sold STCListed 229 days
Opportunity summary
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About
This upper-floor apartment enjoys stunning views across Exmouth beach and towards Dawlish Warren. Offered with no onward chain and accessed via stairs only.
The property comprises two bedrooms, bathroom, kitchen, living room with doors opening onto a private sea-facing balcony, loft room. Off Street parking.
Full Description Situated on Morton Crescent, this upper-floor apartment enjoys breathtaking panoramic views across Exmouth beach and as far as Dawlish Warren.
Offered to the market with no onward chain, the property presents an exciting opportunity to secure a coastal home in one of Exmouth’s most desirable locations.
Accessed via stairs only (no lift), the apartment is well proportioned and thoughtfully arranged to make the most of its elevated outlook.
The accommodation comprises one double bedroom, one single bedroom and a bathroom fitted with a bath. The kitchen provides ample space for appliances and storage.
A particular highlight is the large lounge, featuring a fireplace and doors opening onto a private balcony, where the spectacular coastal views can be enjoyed throughout the day.
The property also benefits from a large loft room, offering valuable additional space for a variety of uses. Further advantages includes a space for parking if available.
Material Information what3words:///winters.chief.storeroom Tenure: One Third Share of Freehold (3 of 6 apartments own a share) Sinking fund with contributions of £50 paid monthly for each apartment, this includes Buildings Insurance and communal cleaning of hallways.
Larger costs are divided between the 6 apartments. Approx £6000 in sinking fund as of Dec 2025.
Local Authority: East Devon District Council Council Tax Band: B Holiday Lets and Pets not permitted Mains: Gas, Electric, Water and Drainage Heating: Gas Central Heating Parking:The owners have parked in front of the building for thirty years but we understand this is not allocated.
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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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 Morton Crescent, Exmouth, Devon
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