1-bedroom flat · EX8 1TS
For saleReduced £7k (−6.1%) on 19 SepListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this well presented, purpose built ground floor retirement apartment is situated within a popular development, conveniently located for Exmouth town centre and the local doctor's surgery.
The property benefits from double glazing and electric heating.
The accommodation briefly comprises a bright bay-fronted living/dining room, separate fitted kitchen, spacious double bedroom with direct access to the communal gardens, and a bathroom featuring an easy access bath.
Residents and visitors can enjoy ample parking facilities, together with attractive communal areas located within the newer block of Exmouth Court.
An ideal retirement property in a convenient and sought-after location.
The Development Exmouth Court is a purpose built complex of 39 independent living apartments, surrounded by attractive communal gardens.
Residents have use of a range of communal facilities including a resident's lounge and communal laundry. Flat 1 is situated on the ground floor with just 1 property above.
The development has a minimum age restriction of 55 + years.
Accommodation Ground Floor Communal uPVC double glazed front entrance door leading to: Communal Hallway Staircase rising to first floor flats and door leading to this apartment.
Living / Dining Room - 13'10" (4.22m) Into Bay x 13'0" (3.96m) Plus Recess Walk - in uPVC double glazed bay window to front. Wall mounted entry phone. Useful under stairs storage cupboard with light.
Night storage radiator.
Door leading to inner hallway and double doors leading to: Kitchen - 8'9" (2.67m) x 4'6" (1.37m) Range of cupboard and drawer storage units with roll edged work surface and tiled splash backs.
Stainless steel single sink and drainer unit with mixer tap. Space for freestanding fridge / freezer etc.
Bedroom - 15'2" (4.62m) x 9'2" (2.79m) uPVC double glazed external door to rear with uPVC double glazed window adjacent. 2 built - in single wardrobes, one housing the electric fuse box.
Night storage radiator. Bathroom Modern fitted white suite of easy access bath with door allowing access, electric shower unit over. Concealed cistern WC. Pedestal wash hand basin. Heated towel rail.
Tiled flooring. Extractor fan. Externally Exmouth Court stands in attractive, well tended communal ground comprising areas of lawn with mature planting and seating areas.
There is a patio area in front of the bay window which the current vendor used to use for sitting out during the fine weather.
Parking There is ample residents / visitors parking by the entrance to Exmouth Court. Tenure The property is leasehold. We understand there are approx. 147 years remaining on the lease.
We understand combined Service Charges & Ground Rent are approx. £3,000 per annum. Services Mains Electricity, Water & Drainage are connected.
Council Tax Band B Mortgage Assistance We are pleased to recommend Meredith Morgan Taylor, who would be pleased to help no matter which estate agent you finally buy through.
For a free initial chat please contact us on to arrange an appointment Your home may be repossessed if you do not keep up repayments on your mortgage Meredith Morgan Taylor Ltd is an appointed representative of The Openwork Partnership, a trading style of Openwork Ltd which is authorised and regulated by the Financial Conduct Authority (fca).
Agents Note Please note these are draft particulars and are awaiting vendors verification. This property has a minimum age of residency requirement of 55+ years.
Directions From our prominent Town Centre office, proceed into Chapel Street and on into Fore Street. At the end of the road, take the second turning into Boarden Barn and into Long Causeway.
Turn right into Exmouth Court where the property is signposed from the car park.
What3words /// dusty.adding.noises Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
FAQ
About 1, Exmouth Court, Exmouth
Explore nearby