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See how verdicts work2-bedroom flat · EX3 0AQ
For saleReduced £17k (−7.2%) on 25 OctListed 259 days
Opportunity summary
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About
A well presented and spacious two bedroom ground floor apartment located in this popular development, walking distance of the town and train station.
The property benefits from a parking space to the rear suitable for a small car and also a single garage.
Strictly No Pets Spacious Lounge/Dining Room with lovely outlook Kitchen & Utility Area 2 Double Bedrooms Shower Room & Separate W.C.
Front Garden & Rear courtyard with parking space suitable for a small car Garage Gas Central Heating & uPVC Double Glazing NO CHAIN Share of Freehold DESCRIPTION: A well-presented and unusually spacious two-bedroom ground floor apartment set within this popular and well-established development in Topsham.
Ideally positioned within easy walking distance of the town centre, train station, and local amenities, the property offers generous accommodation, a pleasant outlook, and the rare benefit of a private front garden, rear courtyard, parking space suitable for a small car, and a single garage.
Offered to the market with NO ONWARD CHAIN and Share of Freehold.
The accommodation includes a spacious lounge/dining room with a large picture window enjoying views across to the Haldon Hills, a well-proportioned kitchen/utility room with direct access to the rear courtyard, two double bedrooms, a shower room, and a separate cloakroom/W.C.
Gas central heating and uPVC double glazing are installed throughout. Strictly No Pets permitted within the development.
THE ACCOMMODATION COMPRISES:- (all room sizes are approximate) ENTRANCE: Opaque double glazed entrance door to:- ENTRANCE LOBBY: Wall mounted cupboards. Hanging Rail. Electric heater.
Cupboard housing gas and electricity meters. Opaque glazed door through to:- SITTING/DINING ROOM: 16' (4.88m) x 13' 9" (4.19m): A large double glazed window to the front with views over Haldon Hills.
Coved ceiling. Radiator. Door to :- HALLWAY: Radiator. Built- in under stairs storage cupboard.
Doors leading off to :- KITCHEN/UTILITY: 14' (4.27m) x 11' 6" (3.51m): Roll edge worktop surfaces in tiled splash back. Stainless steel sink with drainer.
Built in double oven Four ring gas hob with extractor over. Cupboards and drawers under. Space for dishwasher, washing machine, fridge and freezer. Matching wall mounted cupboards.
uPVC double glazed window to the rear and a double glazed door to the rear. Radiator. BEDROOM 1: 13' 9" (4.19m) x 10' 11" (3.33m): uPVC double glazed window to the front. Built in double wardrobe.
Radiator. BEDROOM 2: 9' (2.74m) x 8' 8" (2.64m): Upvc double glazed window to the rear. Built in wardrobe.
SHOWER ROOM: 6' 3" (1.91m) x 5' 9" (1.75m): Fully tiled over sized shower cubicle with built in shower. Low-level W.C. Pedestal wash hand basin. Walls in full tiled surround .Chrome runged radiator.
Wall mounted dimplex electric heater. Opaque glazed window to the rear. CLOAKROOM : Low level W.C. Wash hand basin in tiled splash back. Electric radiator. Wall mounted gas fired combi boiler.
OUTSIDE FRONT: Attractive low maintenance front garden with gravelled area. REAR: Private Courtyard garden with planted beds. Single garage.
RESIDENTS PARKING AVAILABLE FOR ON ROAD PARKING COUNCIL TAX: BAND B WHAT3WORDS: oval.attend.swept.
DIRECTIONS: Easily reached on foot from the town centre - a pleasant walk along Fore Street passing the Globe Hotel on the left. At the junction go straight across into Monmouth Hill.
Take the next left into Monmouth and continue until you reach the left hand turning into Altamira. The property will be found to the far right. Vehicle Access is via Elm Grove Road.
TENURE: 125 year lease from 1988 - 88 years remaining. Share of Freehold MAINTENANCE CHARGES :£846.94 per annum GROUND RENT: £76.99 per annum GARAGE FEE: £77.79 per annum STRICTLY NO PETS
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.
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About Altamira, Topsham, Exeter
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