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See how verdicts work2-bedroom flat · EX34 9JS
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 2,8 Oxford Park is a particularly spacious two-bedroom flat offering generously proportioned accommodation and an excellent opportunity for a new owner to update the interior and put their own stamp on it.
The property benefits from gas central heating, high ceilings and pleasant sea views from the lounge.
Its impressive proportions compare favourably with many two-bedroom houses within the town, and an internal viewing is highly recommended to appreciate the space and potential available.
The accommodation is approached through a communal entrance hall, with stairs rising to the first-floor landing.
Upon entering the flat, an impressive hallway extending approximately 40ft provides access to all rooms. To the front is a spacious lounge featuring a 10ft-high ceiling and attractive sea views.
There are two well-proportioned double bedrooms, together with a fitted kitchen comprising a range of units, a built-in oven and a four-ring gas hob, with additional space for an upright fridge/freezer and washing machine.
The bathroom is fitted with a white suite comprising a panel-enclosed bath with an electric shower over, a pedestal wash hand basin and a useful built-in vanity unit, with the boiler positioned above.
The accommodation is completed by a separate WC with a wash hand basin.
Although the property would now benefit from some updating, it provides an excellent opportunity to create a comfortable and individual home in a convenient coastal location.
Lease Information - The property is held on the remainder of a 999-year lease and benefits from a share of the freehold, shared with the owners of the two other flats within the building.
The freehold and management arrangements are administered through 8 Oxford Park Management Company Limited (Company Number: 02012632).
There is no fixed monthly maintenance or service charge; however, each flat contributes one-third towards the cost of any necessary maintenance, repairs or works to the building.
The position regarding pets is currently being confirmed. Buyers should ask their legal representative to verify all leasehold and management information.
Applicants are advised to proceed from our office on foot in an easterly direction taking the first turning on the right hand side.
Follow the road up and just before reaching the t-junction at the top, steps can be found to the left hand side which lead up to Oxford Park.
Follow this road along and number 8 can be found approximately half way along on the right hand side.
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 8, Oxford Park, Devon
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