2-bedroom flat · EX15 1XY
Listing removedListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoy all of the benefits of a McCarthy & Stone retirement community with our affordable and flexible assured periodic tenancies, so you can rent your property for as long as you want.
Foxglove Place - Designed for the over-60s, Foxglove Place combines independent living with first-class facilities, including a stylish homeowners' lounge at the social heart of the development, beautiful landscaped gardens, a mobility scooter store and a guest suite for visiting family.
A House Manager oversees the smooth day-to-day running, and a 24-hour emergency call system offers complete peace of mind.
With regular coffee mornings, quiz nights and seasonal events, it's easy to make friends - though residents are free to join in as much or as little as they wish.
A beautifully presented two-bedroom ground floor retirement apartment with direct access from the living room onto a private patio and the landscaped communal gardens.
The bright, dual-aspect living room features a modern electric fireplace and opens straight onto the patio.
The contemporary kitchen offers a full range of integrated appliances, while both double bedrooms are well proportioned - the master with a walk-in wardrobe and the second ideal as a guest room, dining room or study.
A modern shower room provides level-access bathing, and the property comes with its own privately owned parking space.
The Local Area – Set in the tranquil Culm Valley, the award-winning market town of Cullompton is surrounded by the Blackdown Hills Area of Outstanding Natural Beauty, with the city of Exeter close by.
The development sits just 0.2 miles from the town centre, with supermarkets and amenities within easy reach.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 4312411, Willand Road, Cullompton
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