Flat 2, 14 Watersmeet Road, Lynmouth, EX35 6EP

UPRN:10000489846Converted Flat2 bedsBuilt -

LeaseholdCouncil Tax: Band CEPC: -

Data freshness:Listing· freshPrice Paid· freshPlanning· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 1mo agoArea· Census 2021

Flat 2, 14 Watersmeet Road, Lynmouth, EX35 6EP

HP Score

/ 100

Mixed

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

19 of 21 sources

Sale Estimate

£275,000

£248k - £303kMedium

Estimate

£275k

Range

£248k – £303k

Rent Estimate (pcm)

£950

£850 - £1k

Monthly

£950

Yield

1.82%

Verdict

Derived from HomePortfolio scores

Flat 2 earns an INVESTIGATE rating with HP Score 73/100. Investment score 60/100 reflects moderate fundamentals. Crime intensity is very low. Walkability is limited (62/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

73/ 100

Mixed

Investment Score

60/ 100

Moderate

Crime Score

8/ 100

Low

Walkability

62/ 100

Moderate

Transit & Bike

Transit 6Bike 21

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is a house but the valuation basis is the whole flat at this UPRN - value evidence is not comparable

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£625,000

At the asking price

Monthly rent£950/mo

Evidenced range £850-£1,050

Interest rate5.4%

Loan to value75%

Cash required: £210,050
Net cash flow: -£1,452/mo
Cash on cash: -8.3%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 0.45 - below the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£275,000

Rent Estimate (pcm)£950

Gross Yield1.82%

1y Growth-

3y Growth-9.8%

5y Growth+0.0%

10y Growth+1.8%

Last Sold Price£295,000 (2022-04-27)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceLow
RadonModerate
MiningLow
LandslideSignificant
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

1EX35 6EP

Approval Rate

-12mo

Development

low

EXM/26/238/DOC
Discharge of Condition 3 (Roofing & Chimney) of approved application EXM/26/175/LBC
Approved
EXM/26/234/HH
Retrospective planning for a porch extension to existing dwelling
Pending
EXM/26/198/DOC
Discharge of condition 13 (Lighting Strategy) of approved application 62/41/23/030
Approved

View Planning Timeline