2-bedroom flat · EX9 6NH
Listing removedReduced £100 (−8.3%) on 10 SepListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built second floor apartment, boasting a premier seafront location that enjoys uninterrupted sea and coastal views and a southerly aspect.
Situated in Fore Street, Foreshore House is an intimate block which is extremely well maintained and conveniently located within a level walk of all the amenities and the High Street.
Notable assets include direct access from the development onto the coastal path and beach, well planned and easy to run accommodation, and tilt & turn double glazed windows throughout.
6 month tenancy from 1st November 2023 Fully furnished Mains electricity, water and drainage are connected. Council Tax Band 'D'.
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
FAQ
About 30 Fore Street, BUDLEIGH SALTERTON, EX9
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