Terraced house for sale in Flats 2 & 4, 3 The Beacon, Exmouth EX8

Offers over £700,000
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Terraced house for sale - 4 bedrooms

4 3 2

Tenure:
Freehold
Council tax band:
Not yet known - Not yet known

Property features

  • Attention Investors
  • Approximately £100,000 A Year Income Via Air B&B
  • Approximately £54,000 A Year Rental Income
  • Incredible Sea View
  • Highly Sought After Area
  • Three Luxury Apartments
  • Stunning Rear Town Views
  • Share of Freehold

Property description

Description

The Beacon is one of the oldest, Georgian Grade II listed buildings in Exmouth (circa 1792). The building formally stood as part of the Manor Hotel, and in 2022 was sympathetically converted to create three exceptional apartments, all of which benefit from undisturbed coastal views. One has now been sale agreed, but the 1st and 3rd floor are both available as a whole or individually.

The building has been carefully renovated and retains a wealth of original features, including sash windows and original brickwork. The contemporary yet in-keeping interior of the apartments provides a superb and well-balanced contrast of 'old meets new'.

The Beacon is located in a prime and elevated position with stunning onward views towards the sea and Estuary from the front, as well as fabulous views over Exmouth town from the rear.

All apartments are accessed via a grand, communal entrance with one apartment located on each floor.
Internally, the apartments differ slightly in configuration, however have all been completed to the same, impeccable standard including; high quality, timeless kitchen with quartz worktops and premium integrated appliances, luxury fitted bathrooms with high-grade tiling and antique style radiators.

The purchase of two apartments will leave you with half share of the freehold.

Exmouth is a popular seaside town, approximately 12 miles south of Cathedral City of Exeter. The train station is just a short walk away providing easy access to the City, along with a fantastic variation of local amenities, sports facilities, schools and regular bus service.

Luxury Coastal, a holiday letting company have predicted a two-bedroom apartment at The Beacon, Exmouth will achieve a gross range as below:

Lower exception: £30,500
upper exception: £33,889

Local letting agents have estimated each apartment to rent for up £1,500 pcm.

Parking Is available in long / short stay car parks, which is within walking distance to the apartments. Approximately £12 pcm, please make own enquires to East Devon Council.

Council Tax Band: Tbc
Tenure: Freehold

Property info

Floorplan(s): Floorplan 1 Floorplan 2

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Butt Estates, EX3 on +44 1392 976188 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Butt Estates, and do not constitute property particulars. Please contact Butt Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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