2 Bed Flat, Single Let, Sidmouth, EX10 9XL, £227,000

Woolbrook Road, Sidmouth, EX10 9XL - 1 views - 3 months ago

Under Offer
Leasehold
BTL
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£60K - £600K
Sold Prices/m²£1.3K/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£244,893
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,750

Stamp Duty & Legal Fees

£12,550

Total Cash In

£69,300

 

 

Cash Out

 

Rent Range

£725 - £1,650

Rent Estimate

£790

Running Costs/mo

£887

Cashflow/mo

£-97

Cashflow/yr

£-1,168

Gross Yield

4%

Local Sold Prices

38 sold prices from £60K to £600K, average is £275K. £1.3K/m² to £4.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£235K03/230.2 miFlat 7, St Martins Court, St Martins Close, Sidmouth, Devon EX10 9JH2
£240K06/230.2 miFlat 4, St Martins Court, St Martins Close, Sidmouth, Devon EX10 9JH2
£185K11/220.28 miFlat 3, Raleigh House, Raleigh Close, Sidmouth, Devon EX10 9TY2
£240K08/220.31 miFlat 12, Orchardside, Sidford Road, Sidmouth, Devon EX10 9LW2
£234.5K02/230.32 miFlat 7, Orchardside, Sidford Road, Sidmouth, Devon EX10 9LW2
£260K01/230.32 mi33, Lindemann Close, Sidford, Sidmouth, Devon EX10 9FE2
£80K03/210.37 mi28, Chambers Close, Sidmouth, Devon EX10 9YL2
£60K03/210.37 mi29, Chambers Close, Sidmouth, Devon EX10 9YL2
£105K01/210.43 mi12, Temple Gardens, Sidmouth, Devon EX10 9XZ2
£175K11/200.54 miFlat 2, Sidcliffe House, Sidcliffe, Sidmouth, Devon EX10 9QA2
£444K01/210.58 miKent Cottage, Coreway, Sidford, Sidmouth, Devon EX10 9SE2
£275K06/210.6 mi30, The Laurels, Sidmouth, Devon EX10 8UX2
£275K06/210.63 mi30, The Laurels, Sidmouth, Devon EX10 8UX2
£260K02/210.63 mi2, The Laurels, Sidmouth, Devon EX10 8UX2
£307.5K07/230.63 mi12, The Laurels, Sidmouth, Devon EX10 8UX2
£275K12/220.79 miFlat 14, Powys House, All Saints Road, Sidmouth, Devon EX10 8DE2
£240K08/210.79 miFlat 19, Powys House, All Saints Road, Sidmouth, Devon EX10 8DE2
£259K09/210.79 miFlat 30, Powys House, All Saints Road, Sidmouth, Devon EX10 8DE2
£215K08/210.79 miFlat 54, Powys House, All Saints Road, Sidmouth, Devon EX10 8DE2
£260.5K09/210.79 miFlat 34, Powys House, All Saints Road, Sidmouth, Devon EX10 8DE2
£290K09/210.81 miFlat 7, Lusways, Salcombe Hill Road, Sidmouth, Devon EX10 8JS2
£160K08/230.84 mi35, Orchard Close, Sidford, Sidmouth, Devon EX10 9RF2
£255K11/200.86 miFlat 7, Salcombe Court, Salcombe Hill Road, Sidmouth, Devon EX10 8JR2
£207K10/210.86 miFlat 3, Craig Court, Salcombe Hill Road, Sidmouth, Devon EX10 8JR2
£295K02/210.86 miFlat 6, Salcombe Court, Salcombe Hill Road, Sidmouth, Devon EX10 8JR2
£300K10/200.86 miFlat 6, Craig Court, Salcombe Hill Road, Sidmouth, Devon EX10 8JR2
£548K03/210.86 miOakdene, Knowle Drive, Sidmouth, Devon EX10 8HN2
£375K06/210.9 mi21, Cottington Court, Sidmouth, Devon EX10 8HD2
£370K01/210.9 mi29, Cottington Court, Sidmouth, Devon EX10 8HD2
£320K10/200.9 mi9, Cottington Court, Sidmouth, Devon EX10 8HD2
£300K09/210.91 mi31, Cottington Court, Sidmouth, Devon EX10 8HD2
£290K03/210.92 miFlat 4, Rosecourt, Roselands, Sidmouth, Devon EX10 8PB2
£435K08/220.94 miFlat 1, Glenthorne, Convent Road, Sidmouth, Devon EX10 8RL2
£600K10/220.95 miFlat 3, Boughfield, Bickwell Valley, Sidmouth, Devon EX10 8SG2
£420K03/210.95 miFlat 4, Boughfield, Bickwell Valley, Sidmouth, Devon EX10 8SG2
£325K04/210.96 mi15, Roselands, Sidmouth, Devon EX10 8PD2
£435K06/230.98 miFlat 1, Regis Court, Hillside Road, Sidmouth, Devon EX10 8JD2
£364.5K03/210.98 miFlat 1, Regis Court, Hillside Road, Sidmouth, Devon EX10 8JD2

Local Rents

17 rents from £725/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.06 miManstone Avenue, Sidmouth2
£79012/240.28 miRaleigh Close, Sidmouth2
£1,15012/240.36 miAscerton Close, Sidmouth2
£75003/240.44 miTemple Street, Sidmouth, Devon, EX102
£1,27512/240.51 mi-2
£99512/240.57 mi-2
£95012/240.57 mi-2
£1,07502/250.57 mi-2
£1,10012/240.6 miThe Laurels, Sidmouth, Devon2
£1,50012/240.93 mi-2
£1,15003/240.95 miConvent Road, Sidmouth2
£1,65003/250.96 mi-2
£80003/240.99 miThe Grooms, Russell Street 2
£1,20003/241.06 miFortfield Gardens, Sidmouth2
£1,50003/241.08 miSanditon , Station Road 2
£1,65012/241.09 miManor Road, Sidmouth2
£72512/241.12 miMarket Place, Sidmouth2

Local Area Statistics

Population in EX10

16,775

Town centre distance

0.29 miles away

Nearest school

0.10 miles away

Nearest train station

6.61 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Buyer's market

Capital growth (5yrs)

+23%

Property History

Listed for £227,000

January 10, 2025

Floor Plans

Description

  • Communal Entrance Foyer +
  • Private Entrance Hallway +
  • Living/Kitchen/Dining Room +
  • Master Bedroom with En Suite Shower Room +
  • Second Double Bedroom +
  • Modern Bathroom +
  • Allocated Off Road Parking +
  • No Onward Chain +
  • Energy Rating C +

This superbly presented first floor flat forms part of an established, purpose built residential development and is offered for sale with no onward chain. The development is conveniently located only a few moments from a great selection of amenities at Woolbrook and lies approximately 1 mile from Sidmouth High Street and the Esplanade. The apartment has been superbly maintained by the present owners and is ready for immediate occupation. The property is gas centrally heated and is fully uPVC double glazed throughout.

The accommodation comprises of a communal entrance with secure entry system with stairs rising to the first floor. The private entrance hall has a wall mounted entry phone, and a useful storage cupboard which houses the boiler.

The living area is an excellent open plan reception space with a westerly facing French doors with distant views beyond the development towards Fire Beacon Hill. The kitchen/dining area adjoins the rear of the living area enjoying a dual aspect to the east and west allowing light to stream into the room throughout the day. The kitchen area features an extensive range of base cupboards and wall mounted storage units with a selection of integrated appliances and a breakfast bar counter. There is plenty of space for dining room furniture.

The main bedroom enjoys two southerly facing windows overlooking the front of the development and has the benefit of an ensuite shower room with a modern white suite comprising shower cubicle, low level wc, pedestal wash basin and, radiator. The second bedroom is also a good sized double room with a westerly facing window to the side. The bathroom is well fitted, comprising panelled bath with a mixer tap and shower attachment, low level wc, pedestal wash basin and, extractor fan.

The communal entrance driveway from Woolbrook Road enters Anstis Court. There are attractive well landscaped areas in this development and an allocated parking space which is numbered and located near to the main entrance.

A deligthful apartment in a convenient location. Early inspection recommended. 

VIEWING By prior appointment with Redferns on  

SERVICES We understand all mains services are connected 

OUTGOINGS Council Tax Band C 

TENURE Leasehold. We understand the ground rent / maintenance - The property has a 999 year lease, which started in 2004. The property has communal lawn areas maintained by management company, with pathways to carpark and entrance door. The property also benefits from a communal bin store. The current service charge is £128.39 per month. 

SERVICE CHARGE We are advised that the current service charge is £1540.68 per annum correct at December 2024. 

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.

Agent Details

Redferns, Sidmouth

01395 201056

Next Steps?

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