2-bedroom flat · TQ4 5DU
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market is this two-bedroom ground floor apartment, situated within a popular retirement development for the over 55's, offering well-presented and easily accessible accommodation in a safe and welcoming community environment.
The property comprises a welcoming entrance hall with useful storage cupboards, a spacious lounge/dining room providing a comfortable space for both relaxation and entertaining, and a fitted kitchen with a range of units and work surfaces.
A particular feature of the property is its additional private access door, providing direct entry to the apartment without the need to pass through the main communal entrance, offering both convenience and a greater sense of independence.
There are two good-sized bedrooms, both enjoying pleasant outlooks and providing versatile accommodation, making the apartment equally suitable for those requiring guest accommodation or additional living space.
Being positioned on the ground floor, the apartment enjoys easy access and benefits from a private patio area, ideal for sitting out and enjoying the surroundings.
Residents have use of a range of communal facilities, including a residents' lounge, laundry room, communal gardens, and residents' parking.
The development also benefits from an emergency call system, providing additional peace of mind.
This purpose-built retirement apartment presents an excellent opportunity for those seeking comfortable and independent living within a friendly, secure, and well-maintained development.
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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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, Cypress Court, 47, Fisher Street, Devon
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