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See how verdicts work2-bedroom house · EX12 3LF
Listing removedReduced £15k (−6%) on 21 JunListed 203 days
Opportunity summary
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About
Historic Almhouse set in the picturesque fishing village of Beer in need of modernisation. The property features off road parking for one vehicle as well as gardens to the front and rear.
The Property 6 Causeway Cottages is welcomed to the market for the first time since the redevelopment of the Almhouses and former school during the 1980s by the current owner.
The original Almhouses were built in 1820 of stone rubble with freestone dressings in a gothic style. These were kindly funded and donated by the Rolle family for the use of poor and infirm fishermen.
The steeply pitched shaped tiled roof overhangs the main elevation and is supported by iron posts to form a picturesque veranda.
The property has an arched doorway with nail-studded door and matching arched windows which add to the charm and the character of this delightful home.
Accommodation To the ground floor is the sitting room and kitchen. Both enjoy a dual aspect with double doors leading out to the rear garden. The kitchen features a sink unit and space for appliances.
To the first floor are two bedrooms (one double & one single) and a modern bathroom including a white suite and contemporary wash hand basin.
There is a good sized landing which could be utilised as a study area or temporary bedroom space. Outside To the front of the property is a lawned garden with established shrubs.
There is a part paved and cobbled seating area, set beneath the veranda which makes the ideal spot for enjoying the evening sun.
To the rear of the cottage is the walled courtyard which is of a good size. Situation Beer is a typical Devon fishing village, with a long and interesting history.
It is nestled on the World Heritage coastline, also known as the Jurassic coast. It has local amenities including shops, inns, galleries, restaurants and the popular beach.
Coastal walks can be enjoyed along a stretch of the South West coastal path.
The nearby town of Seaton is a popular coastal resort on the Jurassic Coast, with its tourist tramway and mile-long pebbled beach.
The town itself has many small shops, a local hospital, doctors' surgeries, primary school, as well as two large supermarkets.
The stunning Regency town of Sidmouth is positioned 9 miles to the west of Beer and is renowned, for its long esplanade, pebble beaches, beautiful public gardens and coastal walks.
The town has a range of independent shops and amenities, including a cinema, department store and a theatre. National retails include Waitrose, Boots and Seasalt.
There is also wide variety of eateries, coffee shops and public inns. Directions What3Words ///absorb.keep.beep Services Mains electric, gas, water and drainage.
Broadband : Superfast available Mobile Network Coverage : Likely indoors & outdoors Source - Local Authority East Devon District Council, Tel : Council Tax Band C Material Information The property is at very low risk of flooding from surface water, rivers and seas.
Please note that the property owns to the top of the bank to the rear.
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.
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FAQ
About 6 Causeway Cottages, Causeway, Seaton
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