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See how verdicts work1-bedroom flat · EX12 2PB
Sold STCListed 347 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern first floor one bedroom retirement apartment situated in the centre of Seaton with far reaching views, close to the town and beach.
31 Haven Court is a well presented and modern one bedroom retirement apartment situated on the first floor of Haven Court, exclusively for the over 55s.
Built to a high standard by McCarthy & Stone in 2002, the apartments are a stone's throw away from the town's amenities and beach and include substantial communal areas including resident's lounge and kitchen area, laundry room, refuse room, lift and landscaped gardens.
There is also a guest suite available.
The property benefits from modern slimline electric heaters, secure entry system and a care-line system with call points in the bedroom, bathroom, kitchen, living room and hallway to the house.
Since purchasing the current owners have updated the property with a new shower room and modernised the kitchen.
There has also been redecoration and new carpets throughout alongside installation of modern electric heaters and a new Pulsacoil hot water tank.
On entering the apartment via the private front door, there is an entrance hall leading off to all rooms, with two storage cupboards- one housing the meters for the property and a larger with slatted shelving and hot water tank.
The living room has a central feature electric fireplace with marble style surround alongside a Juliet balcony which faces East taking in the far-reaching views over the nearby tramway and town centre towards the surrounding countryside, estuary and Axe Cliffs.
A decorative glazed internal door opens into the contemporary kitchen which is comprehensively fitted with a range of matching base and wall units, laminate worktop with matching splashback and sink.
There is a built in Hotpoint eye level double oven, alongside Siemens ceramic induction hob with extractor over, under counter fridge and under counter freezer.
The double bedroom also benefits from an East facing window enjoying similar views to the Juliet balcony alongside a fitted wardrobe with mirrored sliding doors.
The modern shower room is fitted with aqua panels to all walls and laminate flooring, alongside a matching grey vanity unit with sink and concealed cistern WC, walk in shower and heated towel rail.
Parking: There is allocated parking subject to availability. Tenure: We are advised the property is leasehold with a 125-year lease which commenced 01.07.2002.
Ground Rent: £804.86 per annum- can be paid in two instalments due March 1st and September 1st Maintenance and Service Charges: Monthly instalments of £205.05 (can be paid half yearly) to include the maintenance and upkeep of the building and all communal areas, use of communal facilities including laundry room and refuse, emergency alarm system, buildings insurance and staffing costs/house manager.
Council Tax: We are advised that this property is in Council Tax Band B. East Devon District Council.
What3Words: ///splints.legwork.serve Services: We are advised that mains sewage, water and electric are connected.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 31, Haven Court, SEATON
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