3-bedroom detached house · EX12 2AY
Listing removedListed 518 days
Opportunity summary
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About
Investment opportunity to purchase a large, detached character property in the heart of Seaton benefitting from far reaching views, large plot and outline planning for 5 dwellings.
Investment opportunity to purchase a large, detached character property in the heart of Seaton benefitting from far reaching views, large plot and outline planning for 5 dwellings.
15 Townsend is a sizeable character property situated in the heart of Seaton in an elevated position.
Now in need of renovation, this property benefits from far reaching views across the valley and towards the sea, as well as a large plot totalling approximately 0.78 acres (3,175 m2) with outline planning for 5 Dwellings.
The house benefits from two large reception rooms, with an open plan kitchen/ breakfast room positioned at the rear of the property.
On the first floor there are two sizeable double rooms, alongside two smaller rooms and a family bathroom.
Outside: Plot measuring approximately 0.33 acres with external store alongside access from Townsend Avenue to a parking area for several vehicles.
Bordered by mature hedging and fencing Outline Planning: Outline planning consent was granted 22/1386/out on the 10th February 2023 for 'Erection of 5 dwelling houses with garaging (demolition of existing dwelling house).
Provision of new vehicular access (closure of existing access)'. Subject to conditions and the approval of reserved matters.
Services - Mains services are believed to be nearby in the road - purchasers are to make their own enquiries. What3words location: /// heats.dates.annotated
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.
Area
Agent & docs
FAQ
About 15, Townsend Road, Seaton
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