1-bedroom flat · EX13 5PL
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom flat is offered for sale within an over 55’s only development in Axminster.
The property comprises a double bedroom with built-in wardrobes, a bathroom with heated towel rail, and one reception room. There is one kitchen and a balcony providing private outdoor space.
Minster Court is situated close to Axminster town centre, giving access to local amenities including supermarkets, independent shops, cafés and essential services.
Axminster’s high street offers a range of day-to-day facilities, while nearby green spaces and riverside walks provide opportunities for outdoor leisure.
This flat for sale may suit those seeking later-life accommodation with access to town amenities and public transport, within an over 55’s only setting.
Hallway Doors leading to the accommodation with an emergency pull cord and a smoke detector. Further benefiting from a storage cupboard with the fuse box and an airing cupboard with the water tank.
Lounge/Diner (6.70 x 2.26 (21'11" x 7'4")) Featuring a decorative fireplace with a mantle and surround. Patio doors open out onto the balcony and double doors lead to the kitchen.
Further benefiting from an electric radiator and an emergency pull cord.
Kitchen (2.30 x 2.40 max (7'6" x 7'10" max)) Fitted with a range of matching wall and base units with work tops over comprising a stainless steel sink and drainer, a four ring electric hob with an extractor hood above and an oven underneath.
Continuing round to an integrated fridge freezer. Further benefiting from a window and an emergency pull cord.
Bedroom 1 (5.76 x 2.76 (18'10" x 9'0")) A double bedroom with a window to the rear aspect, an electric radiator and a mirror fronted wardrobe.
Shower Room Fitted with a white suite comprising a low level hand flush w.c. A hand wash basin inset into a vanity unit and a shower cubicle with a wall mounted shower.
Further benefiting from a heated towel rail. Balcony Accessed from the lounge this patio balcony is enclosed by iron railings.
Agents Notes Tenure: Leasehold Local Authority: East Devon District Council Council Tax Band: B Lease length: 125 year lease with approx. 103 years remaining.
Service Charge: £2600 per annum Ground Rent: £385 per annum Broadband: Full fibre broadband with a full fibre connection is available.
Fibre to cabinet broadband with part fibre connection is available. Copper broadband with a copper connection is available. Go to for more information.
Mobile phone coverage: For more information can be found Utilities: Mains Water, Mains Drainage and Mains Electric Flood Risk; Very low risk from flooding rivers and sea.
Very low risk from flooding from surface water Local Area Public transport links are available via Axminster railway station, approximately 10–15 minutes’ walk or a short bus or car journey from the property.
The station lies on the West of England Main Line, with regular services to Exeter St Davids (around 30–40 minutes) and London Waterloo (around 2 hours 45 minutes), as well as connections to other regional destinations.
Local bus services operate through the town, offering links to surrounding villages and coastal locations such as Lyme Regis and Seaton.
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.
Area
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FAQ
About 36 Minster Court, West Street, Axminster
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