3-bedroom flat · EX10 8DU
Listing removedListed 579 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom split-level maisonette, located in Sidmouth Town and a short distance to the seafront. An Ideal property for full time living, letting or holiday letting.
Description Located just moments from the stunning Sidmouth seafront, this generously sized split-level maisonette offers an excellent opportunity for full-time living, letting, or holiday rental.
While the property would benefit from some updating, it presents a fantastic chance to create a beautiful home in a prime location.
Set across two floors, the accommodation comprises: Ground Level Entrance: Stairs leading to a landing with access to a cloakroom.
First Floor: A spacious reception room, a large living room with sea front views, a bedroom, and a kitchen with access to a private roof terrace.
Second Floor: Two generously sized bedrooms, one with sea front views and a family bathroom.
With its unbeatable central location and versatile layout, this property is a must-see for those looking to invest in a seaside home with great potential.
Outside This property features a spacious roof terrace, perfect for al fresco dining and entertaining.
Whether you're enjoying a morning coffee or hosting guests, this private outdoor space provides a fantastic extension of the living area. Directions Material Information Tenure: Leasehold.
150 year term expiring 25/03/2145 Ground Rent: Zero Service Charge: No Charge Building Insurance from Aug 25 to Aug 26 £657.33 Flood Risk: Sea- High, Surface water-Low Construction: Brick/stone built, tiled roof Mains services connected: Electric, gas, water and drainage.
Council Tax Band C with East Devon District Broadband: Standard, Superfast and Ultrafast are all available, with speeds of up to 1000 mbps.
Network: Providers available include O2, Three, Vodafone and EE Parking: No Parking
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.
Area
Agent & docs
FAQ
About Prospect Cottage,, Kings Lane, Devon
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