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£200,000

Elm Grove, Exmouth, EX8

  • 2 beds
Flat

£200,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£10,000
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Situated within the modern Estuary Reach development in the heart of Exmouth, this superbly presented two-bedroom first floor apartment offers the perfect blend of contemporary design, comfortable living, and investment potential. Whether you're looking for a stylish home by the coast or a lucrative Airbnb opportunity, this property ticks all the boxes.

From the moment you step inside, you'll be impressed by the generous proportions and the high standard of finish throughout. A spacious entrance hall welcomes you into the apartment, with a large cupboard offering plenty of room for storage.

At the heart of the property is an impressive open plan kitchen/living/dining room – a fantastic space for entertaining, relaxing, or simply enjoying daily life. The kitchen area is well appointed with modern units, integrated appliances, and ample worktop space, seamlessly flowing into a sociable living and dining area. Three windows allow natural light to flood the room, creating a bright and welcoming atmosphere throughout the day.

Both bedrooms are good size doubles. The master bedroom is particularly generous, with room for wardrobes and additional furniture. The second bedroom benefits from two windows and offers flexibility as a guest room or home office. A stylish family bathroom, complete with a modern white suite, quality fittings and sleek tiling, serves both bedrooms.

One of the standout features of this property is its proven track record as a successful Airbnb rental. Currently generating a very good income, the flat presents an excellent opportunity for investors looking for a turn-key short-term let in a highly desirable location.

Positioned just a short stroll from the stunning Exe Estuary Trail and the sandy beaches of Exmouth, it offers a fantastic lifestyle for those who love the coast and the outdoors as well as being a popular choice for visitors all year round. The town centre provides a wide range of shops, cafes, and restaurants, while Exmouth train station offers direct links to Exeter and beyond.

VIEWING: By prior appointment with Redferns

SERVICES: Mains Electric, Water and drainage with Electric Heating

INTERNET: Full Fibre Broadband (Download Speeds up to 1600Mbps) is available (Checked on Openreach website)

MOBILE: Coverage is available for all four major networks outside the property but depending on provider may be limited inside (Checked on Ofcom website)

FLOOD RISK: High risk of flooding from rivers and the sea. Medium risk of surface water flooding. GOV.UK website states that this information tells you the flood risk of the land around a building, not the building itself.

OUTGOINGS: Council Tax Band C

TENURE: Leasehold - 999 years from 1st January 2020

CURRENT CHARGES: Service Charge - £1,004.50 per annum

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. 

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