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See how verdicts work2-bedroom flat · EX3 0JU
For saleListed 139 days
Opportunity summary
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About
A superbly situated, ground floor riverside apartment with private garden, commanding breathtaking views across the Exe Estuary in the heart of Topsham.
Description A beautifully positioned two bedroom ground floor apartment enjoying outstanding, uninterrupted views across the Exe Estuary and river, situated within the highly regarded Halyards development in the historic estuary town of Topsham.
Rare to the market, the property occupies a superb waterfront setting, with direct access from the living room to a private garden, which in turn leads to well-maintained communal grounds.
A main highlight throughout the property is the magnificent views of the river Exe and the array of moored boats, as well as views over the surrounding countryside, Powderham Castle and the Haldon Hills towards Haldon Belvedere.
Measuring approximately 1,100 sqft, the accommodation is well-arranged to take full advantage of the views.
A welcoming entrance hall leads through to a living room where you are immediately struck by the stunning views, also linking to a dining room and the kitchen, fitted with a range of units and integrated appliances.
There are two well-proportioned double bedrooms, including a notably spacious principal bedroom with fitted storage and en suite.
The second bedroom is also a comfortable double with storage, and offers flexibility as guest accommodation or a study.
The property is completed by a second bathroom and linen cupboards located from the entrance hall.
A particular feature of the property is the gorgeous riverside private garden, providing a delightful outdoor space directly accessed from the apartment and enjoying the exceptional estuary outlook.
An initial paved patio area provides a great spot for alfresco dining, leading onto an easy to maintain level lawn. There is also a rockery feature and a useful outside tap.
At the side of the apartment is a covered patio and a garden store. Beyond this, a side gate opens to the communal gardens that extend towards the water’s edge.
The property also benefits from a single garage, with an up and over electric operated door, power and lighting. There is also communal guest parking.
Halyards is accessed by a security entry system at the communal entrance hall. A service room houses meters for gas and electricity, with a bin store area.
From the communal garden there is also a small communal jetty and steps to the water.
Location Topsham has been a port since the 13th Century and the tidal estuary of the Exe is not only famous for sailing and boating but also as a natural haven for birds and wildlife with a number of rspb nature reserves and bird hides nearby.
Halyards is within level walking distance (approx.
0.1 miles) of an excellent range of amenities, including independent shops, pubs and restaurants, a school, outdoor swimming pool and a bowling and sailing club; all the necessities for a thriving local community.
There is also a train station (approx. 0.3 miles), providing regular trains into Exeter Central, Exeter St David’s Stations and down to Exmouth.
The cathedral city of Exeter is within approximately four miles and offers a wide range of state and independent schools, shopping and leisure facilities, together with good communication links, including a main line rail link to London Paddington, London Waterloo and Exmouth, access to the M5 Motorway and Exeter International Airport.
The surrounding area provides ample opportunity for leisure activities, including Darts Farm on the outskirts of Topsham, superb cycle tracks and The Exeter Golf and Country Club, all within a short drive.
Square Footage: 1,242 sq ft Leasehold with approximately 997 years remaining. Directions What3words ///oath.change.fork Additional Info services: Mains water, gas, electricity and drainage.
Management: The freehold of the property is owned by Halyards (Topsham) Management ltd and each resident has one share. The current maintenance charge from Jan 2026 is £2689.99.
Includes building insurance, communal lighting, cleaning and heating, management fees with Bradleys Estate Management, Exmouth.
The lease is 999 years and was renewed from December 2024.There is no ground rent charge.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 22, Halyards, Exeter
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