1 bed flat for sale

Harbour Road, Seaton, Devon EX12

Harbour Road, Seaton, Devon Ex12 2LX

Situated on the second floor, this well presented one bedroom apartment offers bright and comfortable accommodation and an excellent opportunity for investors looking for a turnkey investment opportunity. The property comprises a spacious reception room, a well proportioned double bedroom, a fitted kitchen and a modern bathroom. Benefiting from an elevated position, the flat enjoys plenty of natural light and is conveniently located within easy reach of Seaton town centre and the seafront.

Seaton is a popular East Devon coastal town renowned for its beautiful beach, stunning Jurassic Coast and excellent local amenities. Harbour Road is ideally positioned within walking distance of independent shops, cafés, restaurants, supermarkets and the scenic promenade. The town also offers excellent leisure facilities, including the Seaton Wetlands Nature Reserve, the Seaton Tramway and a golf course, with good transport links to Axminster, Lyme Regis and Exeter.

From an investment perspective, the property represents an attractive opportunity with strong appeal to both long term tenants and the thriving holiday letting market. Seaton continues to benefit from growing demand for coastal homes, supported by year round tourism and limited housing supply. The low maintenance nature of the apartment, together with its desirable location close to the beach and town amenities, offers the potential for reliable rental income and long term capital appreciation.

Please note, this property is being sold with a tenant in situ and is not available with vacant possession. Please also note, figures are representative of the property being self managed and lettings and management charges may apply.

Financial Breakdown

Gross Rent: £8,340.00
Net income: £6,540.00
Gross yield: 8.34%
Net yield: 6.54%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08601