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    1. Home
    2. Exeter properties
    3. 4 bed detached house for sale in Budleigh Salterton EX9
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

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    1 / 5

    Penlee, Budleigh Salterton, EX9 6BP

    4-bedroom detached house · EX9 6BP

    1,023 sq ft2 bathsArchitect-designed 4 bedroom chalet bungalow · In need of modernisation · Spacious living/dining room & conservatory
    Asking
    £550,000

    Listing removed · Listed 375 days

    Needs work
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    About

    The property

    Although in need of modernisation, this individual architect-designed chalet bungalow offers enormous potential to become a fantastic family home, situated just a short distance from the High Street.

    The spacious accommodation includes a large living/dining room with access to the conservatory, making the most of the private outlook.

    The property also benefits from a sizeable fully fitted kitchen with a gas-fired Aga, an impressive full-height entrance hall, a separate WC, two bedrooms, and a shower room on the ground floor.

    Upstairs, the master bedroom enjoys its own en-suite bathroom, alongside a fourth bedroom.

    Outside The west-facing garden is designed for easy maintenance and provides a great deal of privacy, together with views across the surrounding countryside.

    There is a useful undercroft, ideal for storage, plus generous parking options, including a large carport, single garage, and additional space to the front.

    There is also an outside utility room with plumbing for a washing machine.

    Situated just a short distance from the High Street, in a peaceful private cul-de-sac, this property truly needs to be seen to appreciate its full potential.

    Directions At the traffic lights on Station Road, turn right. Penlee is the third, turning on the left. Continue up this road and the property will be found on the right-hand side.

    Location Budleigh Salterton is a picturesque seaside town on Devon's Jurassic Coast. Budleigh Salterton offers stunning scenery, a vibrant community, and a relaxed coastal lifestyle.

    Its unspoiled pebble beach, dramatic red cliffs, and scenic walking trails make it a haven for nature lovers.

    The charming high street features independent shops, cafés, and traditional pubs, while cultural highlights include the annual Literary Festival and Fairlynch Museum.

    Outdoor enthusiasts can enjoy sailing, paddle boarding, and exploring the nearby Otter Estuary Nature Reserve.

    Well-connected yet peaceful, Budleigh is just a short drive from Exeter and Exmouth, making it a sought-after location for those seeking coastal charm with modern convenience.

    Needs work

    Key information

    Price per sq ft
    £538/sq ft
    Based on 1,023 sq ft (95 sq m)
    Floor area
    1,023 sq ft (95 sq m)
    Council tax band
    Band F
    Estimated ~£2,600/year
    Tenure
    Freehold
    Local authority
    East Devon
    District
    County
    Devon County
    Property features
    • Architect-designed 4 bedroom chalet bungalow
    • In need of modernisation
    • Spacious living/dining room & conservatory
    • Kitchen with Aga & impressive entrance hall
    • Impressive full height entrance hall
    • West-facing garden with countryside views
    • Undercroft storage, carport, garage & parking
    • Quiet private cul-de-sac close to High Street
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

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    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market375 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market375
    Price reduction—
    STC fall-through—
    Back to marketYes
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £550,00015 Oct 2025
    Back on marketDay 375 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
    More market detail▾
    EX9 · Live market data · detached only
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    Agent & docs

    Move it forward

    Listing agent
    Hall & Scott, Ottery St. Mary logo
    Hall & Scott, Ottery St. Mary
    listed on rightmove
    01404519446
    15 Broad Street, Ottery St. Mary, EX11 1BY
    View on rightmove

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    FAQ

    Questions

    About Penlee, Budleigh Salterton

    How much is Penlee, Budleigh Salterton?
    The asking price is £550,000.
    What kind of property is Penlee, Budleigh Salterton?
    A 4-bedroom detached house in EX9 6BP.

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