We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · EX39 3FP
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Moreton Court is a modern retirement development catering for the over 55`s.
Designed to encourage maximum independence with care and support on site, complete with facilities including residents lounge, activities room, laundry & communal gardens together with on site hair salon and restaurant open to both residents and the public.
The complex is staffed 24 hours a day whilst each apartment is equipped with a secure intercom telephone entry system together with emergency pull cord alarm.
No56 is located on the second floor, enjoying arguably one of the finest positions within the building.
The lounge/dining room benefits from a dual aspect with Juliet balcony & side window taking in views over the communal gardens.
The kitchen is equipped with a built-in electric oven & hob and includes a fridge/freezer & washing machine.
Benefiting from electric under floor heating and a fresh air ventilation system, the apartment also features a stylish walk in shower room and separate WC and is decorated in neutral tones throughout.
LEASEHOLD 75% shared ownership with Sanctuary Housing (no rent is payable on the remaining 25% share).
The balance of a 99 year lease from February 2015 with a monthly Service Charge of £732.52 which contributes towards the buildings insurance, maintenance and the water & heating costs.
ELIGIBILITY Whether you currently have a care need or are simply planning for the future, if you are 55 or over and reside in, or have a family connection to the local area and do not own additional property, you will be eligible for an apartment.
More information at SERVICES Mains electricity, water & drainage Energy Performance Certificate B (84) Council Tax BAND C` (£(£2,357.71 per annum) what3words /// mercy.towers.notion 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
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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
FAQ
About Moreton Court, Birdwood Crescent, Bideford
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