2-bedroom house · EX2 4SQ
For saleListed 770 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now selling, a selection of brand new premium retirement apartments by McCarthy & Stone.
This is Exeter's most recent development comprising 64 lavishly and thoughtfully detailed one and two bedroom apartments, with a lift to all floors, designed exclusively for the over 60s.
Orchid House is ideally situated within St Leonards, on the old Buckerell Lodge Hotel site, with its stunning grounds and protected trees.
It offers excellent transport links, with a bus stop right outside the entrance as well as accessible walks to the nearby Riverside Country Park and Exeter's historic quayside.
The complex is currently under construction and in addition to the 64 luxury apartments, at the heart of this development, there is a communal lounge which provides a welcoming social hub to meet with friends and family and enjoy informal gatherings and events with other residents if desired.
The shared landscaped gardens are maintained, and provide an outside space solely for use of the residents.
Each of the energy efficient and low maintenance apartments is designed to be high spec, comfortable and homely, and most offer either a patio or balcony space.
The development is pet friendly and parking is available for both residents and guests.
There is a hotel style guest suite, and an on site manager is at hand during office hours to provide support to the residents, along with a 24/7 call system.
These fabulous apartments are available to reserve from Spring 2025.
To receive further information, or to register for the November Discovery Day at Exeter Golf & Country Club, please contact Southgate Estates.
Property Information Please note that this development is currently under construction.
All information is given in good faith, but may be subject to change: Council Tax Band - Estimate B EPC - Estimate A Lease length: 999 years Maintenance charge schedule awaited.
Ground Rent: N/A Part Exchange Options The McCarthy & Stone Part Exchange Package offers a number of great benefits. It means you avoid the hassle of selling your home the traditional way.
There’s no estate agent fees, no viewings and no chains. Instead, you can relax knowing you’ve got a guaranteed sale at a great price, plus £1,000 towards legal fees and free specialist removals.
It could speed up your move considerably, too!
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 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 Orchid Place - 2 Bedroom Apartment, Topsham Road, Exeter
Explore nearby