14 York Road, Seaton, Devon, EX12 2SA

Description

This terraced property has undergone a programme of refurbishment. Externally, the property has a small rear courtyard garden area and is situated in the popular town of Seaton on the Jurassic coastline, close to the seafront and town centre amenities. The property would make an ideal investment or holiday let.

Accommodation

Ground Floor: Entrance lobby, living room, kitchen/breakfast room and utility/cloakroom W.C. First Floor: Landing, two bedrooms and family bathroom. Outside: The property has an enclosed rear decked courtyard.

Location

Situated in the popular town of Seaton on the Jurassic coastline, close to the seafront and town centre amenities.

Tenure / Property Information

Investment Analysis

The evidence supports a broad indicative GDV range of £227,500–£315,000 from supplied York Road and Seaton terraced-property sales. The most recent same-road comparable sold for £245,000 on 24 October 2025, while the subject itself sold for £154,000 in 2018 before the stated refurbishment programme. Differences in accommodation, condition and sale circumstances are not provided, so £245,000 is used as the base GDV estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming the refurbishment quality, achievable rent and all auction charges. Subject to satisfactory checks, the strongest evidence-led angle is a potential long-term let, with resale or holiday-let use requiring further validation.

Works Required

The property is described as having undergone refurbishment, but no schedule, invoices or condition details are supplied. Verify the quality and completeness of the refurbishment, including the kitchen, bathroom, utility/cloakroom, finishes, services and enclosed rear decked courtyard before bidding. No additional works allowance can be supported from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £150,000 guide, the property is below the supplied £245,000 latest same-road sale and below the 75% refinance indication of £183,750 based on the £245,000 base GDV. However, refurbishment costs, acquisition charges, finance costs and taxes are unavailable, so cash required and refinance surplus cannot be calculated. Valuation and refinance outcomes remain sensitive to comparable-property differences and the actual refurbishment standard.

Buy-to-Let Analysis

The supplied advertised asking rent is £775 pcm, equivalent to £9,300 annually. Against the £150,000 guide, this indicates a gross yield of approximately 6.20% before works, finance, management, voids, maintenance, taxes and auction-related costs. The rent is an asking figure rather than achieved rent, and total-cost yield cannot be established because refurbishment costs and buyer/admin charges are unknown.

Flip Analysis

A resale case may exist based on the supplied £227,500–£315,000 comparable range versus the £150,000 guide. A reliable flip surplus cannot be calculated because refurbishment costs, auction/buyer charges, selling costs and finance costs are not supplied. The wide comparable range also makes the achievable resale value uncertain.

Investor Risks & Due Diligence

• The £775 pcm figure is an advertised asking rent, not an achieved passing rent.

• The supplied comparable sales range from £227,500 to £315,000, with insufficient detail to confirm like-for-like comparability.

• The refurbishment scope, quality, costs and any outstanding works are not documented.

• An administration fee and other non-optional charges may apply, but their amounts are not supplied.

• Parking and heating information is not provided.

• Holiday-let suitability and income are described but not evidenced by financial data.

Recommendation

Proceed only after confirming the refurbishment quality, achievable rent and all auction charges. Subject to satisfactory checks, the strongest evidence-led angle is a potential long-term let, with resale or holiday-let use requiring further validation.

Strategy Rating

Analysis Confidence

There are several relevant completed sales and one advertised rent, but the comparables vary materially and there is no detailed refurbishment schedule, property size, achieved-rent evidence, fee schedule or finance-cost information.