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See how verdicts work1-bedroom flat · EX8 2BH
For saleListed 692 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Admirals Court was constructed by Messrs McCarthy and Stone and comprises 39 properties arranged over three floors, each served by a lift and stairs.
The house manager can be contacted from various points within each property in case of an emergency.
For periods when the house manager is off duty there is a 24 hour emergency careline response system.
It is a condition of the purchase that residents be over 60 years of age and in the event of a couple, one must be over 60 and the other over 55.
The accommodation comprises: Communal entrance door with remote entry system leading to: Communal reception hall: Stairs and lift to: Second floor: Private entrance door leading to: Entrance hallway: Alarm pull cord; built in meter cupboard; large walk in airing/storage cupboard.
Living room: 16' 10" x 10' (5.13m x 3.05m) Electric storage heater; telephone point; television aerial point; alarm pull cord; twin glazed door leading to the kitchen; double glazed door with matching side panel window leading on to the balcony providing an outlook over the communal gardens and Salterton Road.
Kitchen: 7' 4" x 5' 10" (2.24m x 1.78m) Double glazed window to the side aspect fitted with a modern range of units comprising single drainer stainless steel sink unit set in roll edge work top surface with a tiled splash back; built in electric oven; inset four ring electric hob with cooker hood over; appliance space; extractor fan; alarm pull cord.
Bedroom: 13' 5" x 9' (4.09m x 2.74m) Double glazed window overlooking the Salterton Road; built in wardrobe/storage cupboard with bi-fold mirror fronted doors; electric storage heater; television aerial point; telephone point; alarm pull cord.
Bathroom/WC: A modern suite comprising panelled bath with built in shower with glazed shower screen over; vanity wash hand basin with storage cupboard below; wall mounted mirror and shaver/light point over; close coupled WC; ceramic wall tiling; extractor fan; wall mounted electric fan heater.
Outside: Admirals Court stands in attractive, well kept communal grounds. There is a Residents Parking Area with parking spaces subject to availability.
Communal facilities: Residents of Admirals Court have the use of a pleasant residents lounge area with kitchen facilities.
There is also use of a laundry room, residents library, guest bedroom suite, and a House Manager on call, coupled with 24 hour emergency care line support.
Tenure and outgoings: We understand that the property is held on a 125 year lease from 2002. Service charges: Currently; £1,705.62 half yearly. Ground rent £225.37. ( for single occupancy).
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
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FAQ
About 35 Admirals Court, Rolle Road, Exmouth
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