1-bedroom flat · EX8 2EP
Listing removedListed 153 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is an ideal opportunity to rent a loft conversion in a gated development in a popular residential location on the edge of the Avenues and within easy reach of Exmouth town centre and seafront.
Benefits include allocated parking, gas central heating and uPVC DG. ER-C Solid Wood Front Door Into...
Entrance Hall With Velux window, double radiator, intercom telephone to the main front door, telephone point, double power socket, cupboard housing the consumer unit, plaster ceiling with inset ceiling spotlights and centralised fire alarm system, solid wood panelled door through to all rooms.
Open Plan Living/Kitchen 10.41m x 2.85m (34' 2" x 9' 4") Open plan to kitchen.
The living area has a uPVC double glazed window to the front aspect and dormer window with distant views of the Halden Hills, plaster ceiling with central pendant light fitting and double spot, TV aerial point, multiple power points, two double radiators, cupboard housing the boiler for the hot water and central heating, open through to...
New Modern Fitted Kitchen Fitted with a range of high gloss flush light grey base units under and light coloured granite worktop, with a mixed range of cupboard and deep drawer space, inset single bowl stainless steel sink with modern mixer tap, granite splashback to the worktops, integrated appliances including electric hob with integrated electric oven below and extractor above, washer/dryer, narrow dishwasher and larder fridge with small freezer box, large porcelain tiled flooring, multiple power points.
There is also a useful island with deep drawers to one side and breakfast bar to the other. Plaster ceiling with inset ceiling spotlights, uPVC double glazed windows to the rear aspect to two sides.
Double Bedroom 4.79m x 3.54m (15' 9" x 11' 7") Plaster ceiling with central pendant light fitting, two dormer uPVC double glazed windows overlooking the front and rear aspects, large double radiator, telephone point, TV aerial point, multiple power points, built-in wardrobe with shelf and hanging space.
Bathroom 2.48m x 1.78m (8' 2" x 5' 10") Fitted with tiled panelled bath with electric shower over running off the hot water system, tastefully designed tiled areas to the sanitary ware and flooring, low level close coupled WC, semi pedestal wash hand basin with unframed mirror and shaver socket over, plaster ceiling with inset ceiling spotlights and sensor to the lights, with Xpelair extractor fan, Velux window.
Outside The property is set on a good size plot with gated entry to a communal parking area and well kept communal gardens.
The property also benefits from a gated bin store and separate bike store areas. Parking One allocated parking space. Lease This is a leasehold property.
Details of the lease and service charges are available on request.
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
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FAQ
About Lydwin Grange, Stevenstone Road, Exmouth
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