2-bedroom flat · EX7 9DJ
Sold STCReduced £30k (−13.3%) on 28 JulListed 530 days
Opportunity summary
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About
Detailed Description Superb, uninterrupted sea views can be enjoyed from this well presented second floor flat which is conveniently located just yards from the beach, town centre and railway station.
Living Room, Kitchen, 2 Double Bedrooms, Shower Room. Tenure: Leasehold. Council Tax Band: B.
EPC: D Location: This fabulous location offers easy access to the beach and just a very short level walk away is the railway station and bus services as well as the town centre with a range of independent shops, pubs and eateries, making this a great permanent or holiday home.
Accommodation: The property offers well presented accommodation which has been improved in recent years by the current owner and offers uPVC double glazing and gas central heating with radiators to all principal rooms.
Access to the property is via steps to the front door of the building with communal stairs to the second floor.
The front door of the flat opens to the reception hall which in turn leads to the bright and spacious living room with a high ceiling and feature fireplace with a built in shelving and storage unit in the adjacent alcove.
A bay window to the front, with window seat, affords the stunning, uninterrupted views. A door leads to a double bedroom which also enjoys the fantastic view.
The kitchen is fitted with a comprehensive range of units with complimentary worksurface and tiled spashbacks. There is a built in electric oven and hob and space for other appliances.
The larger of the two double bedrooms has a feature marble fireplace and has an outlook to the rear of the property. There is also a fully tiled shower room.
Tenure: The flat is held on a 999 year lease and has the benefit of 1/5 share of the freehold.
We understand the current maintenance charge is £180 per month and we are advised that general repairs were carried out to the exterior of the building in 2024.
Pets and long term lets are permitted however, holiday lets are not allowed. Parking: To the front of the property is parking for the residents on a 'first come, first served' basis.
Measurements Living Room: 14'0" x 13'7" (4.27m x 4.14m) Kitchen: 9'7" x 6'9" (2.92m x 2.06m) Bedroom 1: 14'7" x 10'6" (4.45m x 3.20m) Bedroom 2: 14'6" x 10'0" (4.42m x 3.05m) Shower Room: 5'4" x 5'1" (1.63m x 1.55m)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 4 5, Marine Parade, Dawlish
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