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See how verdicts work4-bedroom detached house · EX9 6BP
Listing removedListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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.
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
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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 Penlee, Budleigh Salterton
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