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See how verdicts work2-bedroom flat · EX10 9BH
Listing removedListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor apartment has been renovated to a superb standard and is presented in excellent condition throughout.
The property is situated in a convenient position along a local bus route and is within 1 mile of Sidmouth High Street and The Esplanade. In addition, The Byes is only a minutes' walk away.
The accommodation briefly comprises of a glazed uPVC front door which open onto an entrance hallway with two useful storage cupboards and an attractive oak effect laminate flooring that continues towards the living space.
The living/kitchen/dining room is a well proportioned, bright reception space with a large easterly facing window looking towards the front.
There is plenty of room for living room furniture in addition to a dining suite.
The kitchen area offers a selection of cream fronted base and wall mounted units with wood block worksurfaces and a selection of integrated appliances including a double oven with electric four ring hob over, dishwasher, fridge and freezer.
Bedroom 1 is a spacious double bedroom with a large easterly facing window and a fabulous walk in wardrobe fitted with a range of shelving and hanging space.
Bedroom two is another double bedroom which overlooks the raised terrace to the rear of the property, Bedroom 3 is a suitable single bedroom that is presently used as a hobbies/craft room and features a fitted cupboard with space and plumbing for a washing machine.
This space would also be ideal for a home office.
The shower room has been luxuriously fitted and comprises of a large walk in shower cubicle with a thermostatic shower unit over, a wash basin with fitted storage below and a low level wc with a concealed cistern.
The property is approach from the rear of the building. A few concrete steps rise towards a walled courtyard area, passing through a wrought iron gate.
The courtyard, which also provides access to one neighbouring property, is a pleasant, westerly facing space which is ideal for sitting out and container planting.
Although no private parking is conveyed with this apartment, we are advised by our vendor that there is ample unrestricted parking nearby. A brilliant apartment, finished to a fine standard.
Early inspection recommended. VIEWINGS By prior appointment with Redferns on SERVICES We understand all mains services are connected OUTGOINGS Council Tax Band B TENURE Leasehold.
We understand that the porperty is held on a 120 year lease from 2019. £20 ground rent is payable annually. 25% contribution toward overall maintenance and insurance obligations.
Holiday letting is not permitted. Pets can be kept with the permission of the freeholder. AGENTS NOTE Data protection act of 2017.
We are now required to obtain proof of ID and proof of residence for any prospective purchaser before formally agreeing a sale.
Photographic identification such as passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence. IMPORTANT NOTICE 1.
Every care is taken in preparing these particulars, but they do not constitute nor constitute any part of an offer or a contract.
They are prepared in good faith, but they are for guidance only and intended to give a fair description of the property. 2.
Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each statement.
The vendor does not make or give and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3.
Any reference to alterations to or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained.
These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold.
No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn. 5.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6.
Descriptions of a property are inevitably subjective, but we endeavour to make our particulars accurate.
If there are any points of particular importance please contact us before viewing and we will be pleased to check or clarify information.
Redferns is a trading name of Redferns Ottery St Mary Limited Registered in England and Wales 4817078. Registered Office 8 Mill Street, Ottery St Mary, Devon EX11 1AD
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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