2-bedroom house · EX11 1GP
Listing removedReduced £100 (−3.6%) on 19 JunListed 225 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tumbling Weir Court is a delightful development of contemporary Retirement Living apartments in the beautiful riverside market town of Ottery St. Mary.
Located next to the beautiful River Otter with its abundance of wildlife, many apartments have spectacular views of the surrounding area.
Each spacious apartment features an open-plan living room with dining area, a fully fitted kitchen with high specification integrated appliances, sizeable bedrooms and a high-quality shower room.
As well as offering the small details designed with your comfort in mind, this development offers security with a camera entry system and 24-hour emergency calls for ultimate peace of mind.
Property 13 is a beautifully presented first-floor, west-facing two-bedroom retirement apartment measuring 82.30 square metres.
The master bedroom features a walk-in wardrobe and en-suite, while the spacious living room enjoys a Juliet balcony.
Completing the home is a modern fully fitted kitchen and a separate contemporary shower room.
Council tax band: D Reservation deposit: £500 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security deposit: £3,174 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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 Tumbling Weir Way, Ottery St. Mary, Devon, EX11 1GP
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