East Walk, Seaton
South West
£700,000
Listed on 21/09/2026
Listed on 21/09/2026
The listing
Property details
Bedrooms
N/AType
Residential DevelopmentFeatures
- Parking
Description
The freehold former Hook & Parrot Inn occupies a seafront position in Seaton, within walking distance of the town centre. Planning consent is stated for demolition of the existing public house and three apartments, followed by construction of a bar and restaurant with nine residential apartments. The approved scheme includes an underground car park with allocated spaces, a passenger lift serving the basement and upper floors, vehicle access from Harbour Road and pedestrian access from the Esplanade. The proposed apartments are described as having views across Seaton Bay.
Seaton is a coastal town on the Jurassic Coast, with a pebbled beach, tramway, local shops and services. Exeter is stated to be around 20 miles away, and Axminster, with its mainline rail connection, around five miles away. The agent notes that the artist’s impression depicts a detached building, whereas the approved plans show the new building attached to the neighbouring property on the left.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
36out of 100
Grade ELow opportunity
Confidence: LOW
This is a heavy redevelopment proposition rather than a conventional renovation: the former inn is visibly weathered, and the listing states that consent covers its demolition and replacement with a bar/restaurant and nine apartments. The seafront position, direct beach setting and stated consent give the opportunity a distinctive starting point, but the proposed scheme is illustrative, not completed; verify the permission, conditions and deliverability. The overall score is low, with limited economics and weak investability weighing on the opportunity.
At £700,000, value versus local £/sqf cannot yet be judged because floor area is missing. The approved plans describe a substantial, complex programme, including underground parking and a lift, so this is a project for someone equipped to assess and deliver a major redevelopment.
Key opportunities
- The stated consent provides a route to replace the weathered former inn with a bar/restaurant and nine apartments, subject to verifying the permission and its deliverability.
- The seafront and direct beach context offer a distinctive setting for the proposed homes and commercial space.
- The approved scheme includes underground parking, allocated apartment spaces and a passenger lift, creating scope for a more comprehensive replacement than a cosmetic update.
Key risks
- The existing building is visibly weathered and stained, and the proposal involves demolition and a substantial replacement programme; plan for a major, multi-stage redevelopment rather than a cosmetic refresh.
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Transport
Nearest stations
Seaton Terminus (Seaton Tramway)
0.1 miles
Tram · Seaton
Colyford Station (Seaton Tramway)
1.8 miles
Tram · Colyford
Colyton Station (Seaton Tramway)
2.6 miles
Tram · Colyton
Axminster Rail Station
6.0 miles
Train · Axminster
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,860
Based on a loan of £525,000 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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