2-bedroom flat
For saleListed 2 days
Opportunity summary
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About
Location: The property is situated in a prominent and highly visible corner position in the sought after town of Budleigh Salterton.
The town is popular for its specialist shops, cafes and tearooms and the building is only a short distance from the seafront, which forms part of the Jurassic coastline.
Budleigh Salterton has a population close to 5,000 which substantially increases in the summer months and there is a large pay and display public car park to the rear of the property.
The accommodation comprises: first floor flat: Private front door leading to: Reception hall: Radiator. Two ceiling spotlighting.
Sitting room & dining room area: 19' 0" x 10' 8" (5.79m x 3.25m) (maximum overall measurements).
A light and airy room with many period features with two large double glazed windows Fore Street to the front and side elevations. Victorian cast iron fireplace with a raised hearth and fine surround.
T.V. Point, radiator. Kitchen/breakfast room: 12’ 0” x11’4” (3.66m x 3.45m) (narrowing to 9’10” x 8’6” ).
Another spacious room comprising an excellent range of modern units having matching cream fronts, comprising inset one and a half bowl single drainer stainless steel sink unit with a mixer tap, roll edge working surfaces, cupboards and drawers beneath, appliance space, inset four ring Moffat stainless steel gas hob with a matching fan assisted electric oven beneath.
Space and plumbing for a dishwasher, part tiled walls, a further range of matching units at eye level incorporating a shelved display cupboard with a glass fronted door.
Stainless steel cooker extractor hood/light, two rear elevation UPVC double glazed windows overlooking the car park area.
Radiator, five inset ceiling halogen downlights, built-in cupboard housing the Worcester boiler supplying domestic hot water and central heating.
Bedroom 1: 18' 9" x 9' 4" (5.72m x 2.84m) A light and airy main bedroom with a large UPVC double glazed side aspect bay window enjoying a pleasant outlook over Fore Street. T.V.
Point, fitted smoke detector, radiator, built-in wardrobe. Bedroom 2: 15' 8" x 13' 1" (4.78m x 3.99m) (into the bay) narrowing to 10'8".
Another good size bedroom with a UPVC double glazed front aspect bay window again enjoying a pleasant outlook. Radiator, fitted smoke detector, T.V. Point.
From the Reception Hall a few steps lead down to: Rear landing: With two UPVC double glazed windows to the rear elevation. Built-in electricity meter cupboard, useful built-in storage cupboard.
Panelled door leading to: Bathroom/W.C: 9' 5" x 6' 10" (2.87m x 2.08m) (narrowing to 4'6") A well appointed bathroom with fully tiled walls and a modern white suite comprising panelled bath with a mixer tap and shower attachment over, glazed shower splash screen.
Pedestal wash hand basin with a mixer tap, low coupled W.C., tall radiator/heated towel rail, obscure UPVC double glazed window, extractor fan, wall light/shaver point.
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
Agent & docs
FAQ
About Fore Street, Budleigh Salterton
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