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See how verdicts work1-bedroom flat · EX9 6NG
Listing removedListed 173 days
Opportunity summary
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About
A bright and well proportioned, ground floor apartment that benefits from a recent program of complete refurbishment by the current owner.
The decoration throughout is tasteful with kitchen and bathroom suites of high quality, electrics and plumbing have also been updated.
The accommodation has double glazing throughout, modern electric panel heating in the living and bedroom spaces with heated towel rails in the shower room and cloakroom.
There is a new hot water system installed as well as new patio sliding doors. There is also a good amount of storage provided for a property of this type.
The property enjoys a south orientation and enjoys one of the best positions within the development.
Direct sea views can be enjoyed from the gardens, whilst access to the coastal path and High Street is just a short walk away.
The apartment also has a dedicated parking space and the enjoyment of south facing communal gardens.
The well maintained gardens provide scenery and tranquillity in equal measure, a rare asset for such a convenient location.
The Rolle is a highly sought after development, situated just yards from the High Street with a simple approach and direct access onto the coastal path.
The communal gardens are beautifully kept and provide amazing views of the beach and Lyme Bay. A lift, basement storage and ample visitors parking are further notable assets.
SPECIFICATION • 1 Bedroom • Large Living Room (Siting & Dining Areas) • Private patio Sun Terrace • Shower Room with W.C • Separate W.C • Lift • Basement Storage • Parking Space • Communal Gardens AGENTS NOTES We understand there is a 999 year lease, which commenced 1 October 2007.
The most recent 6 monthly maintenance charge was approx. £1000. (This includes the water rates (approx.
£50), general maintenance, buildings insurance, communal areas, car parking areas and communal garden). The freehold of the The Rolle is owned by Ellor Management Co.
Ltd, in which each leaseholder/flat owner has a share. All main service, apart from gas, are connected.
Council Tax Band 'D' Maintenance Charges: These are currently paid in two 6 monthly payments, 15 January to 14 July 2026 - £1459.02, then this increases by 5% each July, so it will increase to £1531 for 15 July until 14 January 2027.
Water costs are forwarded by the managing agents with an invoice every half year. The last invoice paid was £136.35 (10/05-03/12/25) but varies every invoice according to usage.
BUDLEIGH SALTERTON A tranquil and unspoilt Regency town by the sea, which has managed to retain much of its classic beauty and original charm.
Situated on the Jurassic Coastline of East Devon and designated as a World Heritage site, it is considered one of the most desirable coastal locations in the UK.
The beautiful two-mile beach is framed by the picturesque sandstone cliffs, and allows panoramic views across Lyme Bay.
Nearby is the Otter Estuary, which has been designated an Area of Outstanding Natural Beauty and has an abundance of wildlife to explore.
Budleigh Salterton has much to offer, having an impressive variety of interesting shops with a wide choice of individually run family businesses, restaurants and cafes.
There is also a primary school, doctor's surgery, dentists and a library, all within close proximity of the property.
There are a number of clubs and societies that cater for all ages and cover a range of interests, pursuits and activities.
East Devon Golf Club, Budleigh Cricket Club plus the Croquet and Tennis Club are renowned sporting venues, whilst culturally the art galleries and drama playhouse have regular exhibitions.
The annual literary and music festivals are recognised on an international level, with some of the town’s famous residents regularly contributing
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 Fore Street, Budleigh Salterton, EX9
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