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See how verdicts work4-bedroom semi-detached house · EX8 2NP
Listing removedReduced £50k (−6.7%) on 6 SepListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This remarkable period home provides nearly 2000 sq.ft of accommodation.
The current owners have transformed it into a contemporary and stylish home while preserving its original character and charm.
Recent upgrades include a new 27-foot kitchen and dining area with underfloor heating, bespoke carpentry throughout, modern bathrooms, expanded front parking, and the addition of a utility space.
Approached via a spacious driveway, the entrance hall offers a welcoming atmosphere with a beautiful quarry tiled mosaic floor and oak flooring beyond.
Practical features include bespoke understairs storage and a wash cloakroom. At the front of the house, there are two reception rooms.
The sitting room benefits from a dual aspect, featuring a deep bay window with built-in window seating and storage, as well as a decorative fireplace.
The second reception room, ideal as a family or additional sitting room, also boasts a fireplace and patio doors that flood the space with natural light.
Completing the ground floor is a contemporary kitchen/dining room.
Enjoying underfloor heating and bi-folding doors to one end, with a large kitchen island and breakfast bar and a comprehensive range of wall and base units, including deep pan drawers.
Integrated Siemens appliances include eye level double ovens with a separate warming drawer, induction hob, and dishwasher.
The dining area connects seamlessly to the rear garden creating an extension of the entertaining space.
A separate bar area with a drinks fridge, wine storage, and counter space add to the entertainment options. The dining area connects seamlessly to the rear garden creating an extension of the space.
Stairs lead to the first floor, which features four double bedrooms.
The principal bedroom is bright and airy, with side-by-side windows, a bespoke paneled wall, built-in wardrobes with lighting, and a luxurious ensuite shower room.
Bedrooms two and three are fitted with bespoke, illuminated wardrobes. The family bathroom boasts a walk-in shower with a rainfall head and twin sinks, completing the upper level.
Outside and to the rear, a landscaped and low maintenance garden offers a good degree of privacy.
With a large artificial lawn plus a spacious, patioed terrace to one side and a large shed/workshop with power and light.
There is also direct access to the garage, currently used as a home gym with a bespoke utility space to one side.
Situation Exmouth is a bustling town with a vibrant shopping centre that also hosts a wide range of leisure and entertainment facilities, including a cinema, theatre, sports amenities and a range of excellent restaurants.
Boasting one of the warmest climates in the UK, with over three miles of glorious golden sands, Exmouth is known nationally as a regional centre for water sports activities - especially kitesurfing, sailing & windsurfing.
Salterton Road has multiple bus routes connecting with Exmouth town centre, to Budleigh and Sidmouth.
Tesco Superstore and Littleham Village are both within walking distance which has a Post Office, hairdressers, takeaways, dog groomers, launderette and a nearby church.
There is also easy access to the cycle track leading to Budleigh.
It is only 12 miles by road or rail from the Cathedral City of Exeter, with its Intercity railway station, international airport, connection to the M5 motorway and all major shops and facilities.
It is also popular with Ramblers as there are many beautiful walks. Also, it has sssi status (Site of Specific Scientific Interest).
Bird Watchers often travel a long way to see the rare birds at Exmouth. Directions Head towards Exmouth along the A376. Once reaching the traffic camera on Exeter Road, continue for approx.
1.5 miles, through three sets of traffic lights, passing the train station on your right hand side. At the roundabout, take the first exit, followed by the second exit at the next.
Proceed along Rolle Street until reaching a third roundabout and take the first exit onto Salterton Road. Continue for just under 1.5 miles where the property will be on your left hand side.
Services The vendor has advised the following: Mains gas (serving the central heating boiler and hot water), mains electricity, water and drainage. Woodburning Stove.
Wet underfloor heating system in Kitchen/Dining Room, dry underfloor heating system in bathrooms. Landline: Not currently in contract. Broadband: Currently in contract with Virgin. FTTP approx.
Download speed 900 Mbps. Mobile signal: Several networks currently showing as available at the property including: O2, EE, Three and Vodafone. Electric vehicle charging point installed.
Agents Note There are restrictive covenants attached to the property that restrict any building being erected and used as a public house, hotel or tavern.
Property can only be used as a private dwelling ie no business can be conducted from the property. Please ask Agent for further details.
There is a historic Planning application for the erection of the double garage that was granted with conditions, Ref No 77/C0850 - further details can be found on the East Devon Planning Portal.
The vendors advise that there is a CCTV/video recording device installed at the property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
Area
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FAQ
About 129, Salterton Road, Exmouth
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