1-bedroom house · EX22 6AN
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for local first-time buyers to take their first step onto the property ladder.
Offered through the innovative Homes for Holsworthy scheme, this beautifully presented one-bedroom first-floor apartment is available at just 70% of its open market value, providing an affordable route to home ownership.
A fantastic opportunity for eligible local purchasers to secure their first home.
Available through the Homes for Holsworthy scheme, this attractive one-bedroom first-floor apartment is offered at 70% of its full market value, making home ownership more accessible and affordable.
Beautifully presented throughout, it provides an ideal stepping stone onto the property ladder for first-time buyers looking to establish themselves in the local area.
The property is exceptionally well maintained and benefits from access to a pleasant communal courtyard.
Ideally positioned just moments from Holsworthy's vibrant Market Square, residents can enjoy easy access to a range of local shops, amenities, cafés, and services right on their doorstep.
Combining affordability, convenience, and quality accommodation, this is a fantastic opportunity to secure a home in the heart of Holsworthy.
Entrance Hall Airing Cupboard Bathroom (2.46m x 1.76m) Bedroom (3.3m x 2.21m) Open Plan Kitchen/Living Room (4.74m x 4.57m) Agents Note Prospective purchasers must fulfil the following: 1.
"Housing Need" - where a person does not have available to him or her and cannot afford (personally or jointly with other members of his or her household) to acquire or rent a home suitable for his or her needs and the needs of their household at normal market values prevailing in the district.
Cont... 2.
"Local Requirement" - a) a minimum continuous residence by a prospective owner or occupier of 5 years in the Parish immediately prior to the offer date; or b) residence by a prospective owner or occupier in the Parish for 5 years within the 10 years preceding the offer date; or c) where one or both parents or guardians of a prospective owner or occupier have resided in the Parish for a minimum period of 10 years prior to the offer date; or d) where a prospective owner or occupier has had continuous employment in the Parish for the past 5 years prior to the offer date; or e) a key worker under a scheme approved by the Council.
Services Mains water, drainage and electricity Service Charge/Ground Rent Approx £1,000 per annum is paid to cover the ground rent and the remainder for the insurance premium contribution and electricity costs of communal areas.
Any remaining funds go into the “reserve fund”.
Outside The property is approached via a locked gated entrance, which leads up the steps to the front of the property and lovely well maintained large communal paved courtyard area.
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 Flat 5,, Whitlock Court, Holsworthy
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