2-bedroom flat · EX8 2AF
Listing removedListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious Grade II listed garden apartment in this wonderful period building on the historic Beacon.
Moments from the beach, overlooking Manor Gardens and within walking distance of the train station.
Flexible living accommodation comprising Open Plan Sitting Room/Kitchen, Large Double Bedroom Overlooking the Patio Area, Occasional Bedroom/Study, Bathroom, Communal Courtyard with Rear Access.
Located at the mouth of the River Exe, Exmouth is surrounded by the charming Devon Countryside yet is only twelve miles by road or rail from the Cathedral city of Exeter with its intercity railway station, airport, connection to the M5 motorway and all major shops and facilities.
The Town of Exmouth enjoys over three miles of golden sands and a huge estuary and East Devon Coastline, including facilities of Woodbury Park Golf and Country Club.
A vast range of other amenities including sailing, boating, water skiing, walking, a modern sports centre, swimming pool and Marina are all available.
Exmouth Town also has a range of shops, a variety of Restaurants, Marks and Spencer Foodhall, Several Primary Schools and Exmouth Community College and many other amenities.
Rent £1000 Deposit £1153 Holding Deposit* £230 Council Tax Band - B *Holding Deposit* The equivalent of 1 week's rent (deducted from first months' rent subject to referencing)(*The holding deposit is non-refundable should you not proceed with the property, fail the checks or give false information).
Notice All photographs are provided for guidance only. Redress scheme provided by: The Property Ombudsman (.) Client Money Protection provided by: Client Money Protect (CMP010104)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 1, The Beacon, Exmouth
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