2-bedroom flat · EX8 2EQ
Sold STCReduced £25k (−4.2%) on 21 JunListed 572 days
Opportunity summary
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About
Two bedroom penthouse apartment with open plan living with A sunny terrace, all finished throughout to A very high standard. 'the avenues' property is situated in the ever popular town of exmouth.
Situation Exmouth is some 12 miles South of the Cathedral City of Exeter on the East side of the mouth of the River Exe Estuary. With a population of over 47,000, the town has approx.
3 miles of golden sands and is surrounded by beautiful Devon countryside.
Exmouth has an excellent range of leisure, recreational and sports facilities with a good thriving shopping centre and a variety of restaurants, pubs and cafes.
Exmouth beach offers lots to do including water sports and beach activities. There are also a range of good local schools. Exmouth is easily reached by rail and road.
The train station is within walking distance and provides excellent access links to Exeter Central, St Davids and the mainline network. The M5 is only 15 minutes drive away.
Light and bright entrance hall with stairs leading to the front door.
Entrance into the open plan living areas including a lounge, dining area with bi-folding doors to the terrace, study and a luxurious fitted kitchen.
Vaulted ceilings and solid oak wooden floors throughout the open plan living. Main bathroom. Second double bedroom with bay window and fitted wardrobe space.
Master bedroom with bay window, fitted wardrobe and ensuite shower room. A fabulous internal terrace, a quadruple Velux balcony and far-reaching sea views of Lyme Bay.
The Aliston House is a prestigious Architect designed development of luxury apartments created in 2010 and rarely come to the market.
The apartments are ideally located within the residential ‘Avenues’ area of Exmouth, Devon, which is renowned for its peaceful wide leafy avenues and homes of distinction yet is only a fifteen-minute walk to both Exmouth beachfront & Exmouth town centre.
Penthouse is afforded the benefit of two allocated spaces, also there is easy off street parking for residents and visitors alike. Please ask agent for lease details.
For further information or to arrange a viewing please contact our office.
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
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FAQ
About The Penthouse, Aliston House, Exmouth
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