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See how verdicts work3-bedroom flat · EX9 6NU
Listing removedListed 215 days
Opportunity summary
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About
This purpose built, 3 bedroom top floor apartment enjoys a fabulous position on Budleigh Salterton sea front, providing outstanding views of the sea, beach, estuary and countryside.
Apartment 15 Blueberry Downs offers undoubtedly one of the finest vantage points in the development allowing views from both elevations of the property.
The property affords light and spacious accommodation throughout all principal rooms benefit from the views on offer and there is a covered sun balcony accessed from both the sitting room and master suite which provides stunning, uninterrupted vistas.
The contemporary kitchen has been renewed in recent years and all bedrooms have built in wardrobes and storage. Both bathrooms have underfloor heating.
Externally, the building is very well maintained and offers wonderful extensive communal grounds.
Blueberry Downs is set in its own lovely landscaped gardens, in excess of an acre, within a superb location overlooking the sea of Lyme Bay and the fabulous iconic estuary views at the mouth of the river Otter whilst being conveniently located on the eastern edge of the town centre.
A private garden gate leads onto Salting Hill giving easy access to the River Otter Estuary and the beach.
* 3 Double Bedrooms * 2 Bath / Shower Rooms & W.C's * Large Living Room ( Sitting & Dining Areas) * Dining Room * 2 Sun Balconies * Kitchen Outside: Blueberry Downs stands in large communal gardens, which have been extensively laid to lawns.
It is for private use of the residents. There is a pedestrian gate leading out towards the beach.
There is a single garage with an electrically operated up and over door, complete with light and power.
* Garage * Residents / Visitors Parking * Large Communal Gardens Material Information: Tenure: Leasehold. The property is LEASEHOLD with a term of 999 years from 25th December 1976.
The freehold being owned by Blueberry Downs Management Company, in which the flat has a proportionate share.
Service Charge – the most recent bill shows a half yearly charge of £1250 which includes the buildings insurance. Ground Rent is believed to be £25 per annum.
Council Tax: Band F with East Devon District Council. Mains: Gas, Electricity, Water & Drainage. Heating: Gas Central Heating. Windows: Double Glazed throughout Mobile: Vodafone, Three & O2 - Likely.
EE - none. Broadband: Standard, Superfast Available. Flood Risk: Very low risk means that this area has a chance of flooding of less than 0.1% each year.
Parking Availability: Garage and communal Property Accessibility: Ground floor Planning Proposals affecting the building: None. Construction: Brick.
BUDLEIGH SALTERTON: A tranquil and unspoilt Regency town by the sea, which has managed to retain much of its classic beauty and original charm.
Situated on the Jurassic Coastline of East Devon and designated as a World Heritage site, it is considered one of the most desirable coastal locations in the UK.
The beautiful two-mile beach, with very clean and safe bathing water, is framed by the picturesque sandstone cliffs, and allows panoramic views across Lyme Bay.
Nearby is the Otter Estuary, which has been designated an Area of Outstanding Natural Beauty and has an abundance of wildlife to explore.
Budleigh Salterton has much to offer, having an impressive variety of interesting shops with a wide choice of individually run family businesses, restaurants and cafes.
There is also a primary school, doctor's surgery, dentists and a library, all within close proximity of the property.
There are a number of clubs and societies that cater for all ages and cover a range of interests, pursuits and activities.
East Devon Golf Club, Budleigh Cricket Club plus the Croquet and Tennis Club are renowned sporting venues, whilst culturally the art galleries and drama playhouse have regular exhibitions.
The annual literary and music festivals are recognised on an international level, with some of the town’s famous residents regularly contributing.
There are opportunities for all types of cycle routes, water sports and fishing along the coast and in the Exe Estuary.
Scenic walks can be enjoyed along the South West Coastal path and the Otter Estuary.
The nearby pretty villages of East Budleigh, Otterton and Colaton Raleigh also offer opportunities for exploration and investigation, with superb walking and riding potential on Woodbury Common.
The Cathedral City of Exeter lies just 12 miles away, famous for its Cathedral, University, theatres and relaxed style.
Budleigh Salterton has access to numerous local bus routes, whilst communications from Exeter are excellent and include the M5 motorway, a main line rail link to London (Paddington & Waterloo) and an international airport.
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 Coastguard Road, Budleigh Salterton, EX9
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