3-bedroom terraced house · EX9 7AU
Sold STCListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Plot 28 The Ladram, a bright and spacious 3 bedroom mid terraced home situated in a desirable village location.
The ground floor has an open plan design with fully integrated kitchen and French doors overlooking the rear garden, good size storage cupboard and guest W.C.
The first floor boasts 3 double bedrooms, master with en suite, family bathroom and storage cupboard.
Externally the property has an enclosed level garden laid to lawn and patio and off road private parking Part of an exciting new village community development located in the highly desirable Budleigh Salterton area of Devon.
Consisting of a wide variety of housing offering 2,3 and 4 bedroom homes.
Situation Evans Field offers a prime location for local schools and activities, with the beautiful Budleigh Salterton just minutes away.
Budleigh Salterton remains an unspoilt coastal town with a long pebble beach and a wide selection of local shops and amenities.
One of Devon's premier Golf courses is situated on its outskirts and it also boasts a Cricket Club, Croquet, Tennis and Football Clubs.
The town lies close to Woodbury Common and is situated approximately three miles from Exmouth, twelve miles from Exeter and six miles from Sidmouth.
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.
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.
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.
It is 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 Exmouth's rare birds.
Directions Proceed towards Woodbury on the B3179 and continue through the village via Broadway. After approximately one mile turn right at the signpost to Budleigh Salterton.
At the T junction turn right and proceed along the B3180. Continue on for a few miles until reaching a roundabout and continue over into Budleigh Salterton over Knowle Hill.
Take the first left hand turn into Knowle. Go through Knowle passing Bedlands Lane on your right hand side and you will then find the development on your right.
Agents Note: The developer has advised that it will use reasonable endeavours to secure adoption of the estate roads, sewers and service installations, although adoption cannot be guaranteed.
If not adopted, future maintenance will fall to the Management Company, with costs recoverable via the estate/service charge.
Purchasers should review the service charge budget and transfer documentation with their solicitor.
Services: The vendor has advised the development is connected to mains electricity, mains water and mains gas serving the central heating. Please see agents notes for drainage details.
Multiple mobile phone networks are showing as available. Broadband tbc. The vendor advised there will be a management company for the development at a cost of £500- £550 per annum per household.
Agents Note: Please note some of these images have been digitally staged.
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 Plot 28 The Ladram, Evans Field, 4, Chestnut Avenue, Budleigh Salterton
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