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See how verdicts work2-bedroom flat · EX14 1NU
For saleListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful well presented upper ground floor 2 bedroom apartment offers comfortable and secure living within this stylish development.
A fantastic opportunity to purchase a luxury over 60's retirement apartment.
This two bedroom ground floor retirement apartment at Holyshute Lodge offers well presented accommodation with the added benefit of a door to a patio.
The living room is a generous space featuring an electric fire and French doors that open directly onto the patio, bringing in plenty of natural light and views of the communal gardens.
The adjoining kitchen includes modern units, tiled splashbacks, a built in waist height oven, electric hob with extractor, fridge, freezer and a window for ventilation.
The main bedroom is a comfortable double room with a built in mirrored wardrobe and space for further furniture, while the second bedroom is also a good sized double that can easily serve as a study, hobby room or additional sitting room.
The shower room is fitted with a curved shower and handrail, heated towel rail, WC and vanity basin. A useful walk in storage cupboard is located in the hallway.
Holyshute Lodge is a modern development of 41 retirement apartments situated close to Honiton’s town centre, with easy access to shops, independent businesses and the twice weekly street market.
The town benefits from strong transport links, including the Exeter–London rail line. A Lodge Manager is on site during the day and organises regular social activities in the Owners’ Lounge.
A Guest Suite is available for visitors, with access to suites at other Churchill developments nationwide.
Safety and security are central to the development, with a 24 hour Careline system, intruder alarm, video entry system and comprehensive fire and smoke detection throughout.
The development is managed by Churchill Estates Management, ensuring high standards of maintenance and service. At least one resident must be over 60, with a second resident over 55.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Apartment 6, Holyshute Lodge,, Langford Road, Devon
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