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See how verdicts work1-bedroom flat · EX15 1FB
For saleListed 818 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented retirement apartment sits conveniently on the ground floor of this ever popular McCarthy and Stone development, nestled in a tucked away position, just off Cullompton High Street and ideal for local amenities and transport links.
The accommodation comprises a hall with storage, living room, kitchen with integrated appliances, double bedroom and an excellent shower room, whilst there are an abundance of communal facilities, including the communal lounge, laundry and beautifully maintained communal gardens.
An early inspection of this excellent retirement apartment is strongly advised for those looking to downsize into a lovely community in the town centre.
Description This well presented retirement apartment sits conveniently on the ground floor of this ever popular McCarthy and Stone development, nestled in a tucked away position, just off Cullompton High Street and ideal for local amenities and transport links.
The accommodation comprises a hall with storage, living room, kitchen with integrated appliances, double bedroom and an excellent shower room, whilst there are an abundance of communal facilities, including the communal lounge, laundry and beautifully maintained communal gardens.
An early inspection of this excellent retirement apartment is strongly advised for those looking to downsize into a lovely community in the town centre.
Situation And Amenities Right in the heart of town, just back from the High Street in a gated community offering great convenience combined with privacy and security.
The country town of Cullompton provides a useful range of everyday shopping, schooling and transport facilities including a bus service to Exeter every 20 minutes.
The nearby M5 facilitates rapid commuting south to the cathedral city of Exeter and north to the county town of Taunton.
The property enjoys distant views towards the Blackdown Hills an area designated as Outstanding Natural Beauty.
For those wishing to enjoy the delights of Devon the picturesque National Parks of Dartmoor and Exmoor together with north and south Devon coastlines are all within a modest car journey.
The stunning National Trust estate at Killerton with its fine country house, gardens, grounds and arboretum lies about five miles to the south.
Bullet Points Popular McCarthy and Stone retirement flat Convenient secure gated setting Hall Sitting Room Refitted Shower Room Fitted Kitchen with integrated appliances Double Bedroom Residents lounge and visitors’ flat Parking (non allocated) Laundry room Landscaped grounds Recently installed, high efficiency electric heating system 15 miles Exeter, 18 miles Taunton Tiverton Parkway Railway Station 6 miles Exeter International Airport 14 miles Main electricity, water and drainage On-call pull cords assistance system Over 55 age occupancy condition EPC – Band “B” Council Tax Band “A” Leasehold On The Ground Floor Heavy front door to Hall with access to all principal rooms, large storage cupboard housing electric boiler and shelving, Tunsall emergency call aid.
Living Room a lovely bright room enjoying outlook toward Forge Way, with patio door opening to Juliette balcony, plenty of space for both sitting and dining furniture, night storage heater, telephone point, television point, emergency pull cord, storage cupboard housing electric meters.
Kitchen fitted in a range of light ash effect units, comprising a generous array of both wall and base mounted cupboards, integrated fridge, integrated freezer, light granite effect roll edge laminate worktop with inset four ring electric hob with extractor over, inset stainless steel single drainer sink with mixer tap, outlook towards Forge Way, integrated oven, wall mounted electric heater, emergency pull cord.
Bedroom a generous double room with outlook towards Forge Way, night storage heater, fitted double wardrobe with mirror fronted folding doors, emergency pull cord.
Shower Room with close coupled W.C., basin with storage beneath, large walk-in shower cubicle, mains mixer shower, fully tiled walls, towel rail, extractor fan, wall mounted electric fan heater, emergency button.
Outside The flat enjoys the use of the extensive landscaped grounds, which are professionally maintained within the maintenance charge and offer sweeping lawns, specimen trees, outside seating area and a lovely ornamental pond.
There is also covered storage and charging area for mobility scooters, together with a residents lounge, laundry room and visitors’ flat available to rent.
Services The Vendor has advised of the following, and it is advised to check all this information prior to viewing:- Main electricity, water and drainage Water usage and buildings insurance is included in the service charge Residue of 125 year lease (107 remaining) Ground rent currently £395 per annum Service charge currently £3,449.40 per annum On-call pull cords assistance system Mobile coverage: Three and O2 networks currently showing as available at the property Current internet speed showing at: Basic - 19 Mbps; Superfast - 80 Mbps; Ultrafast - 1000 Mbps Telephone: Landline connected in the property Satellite/Fibre TV availability: BT and Sky
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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FAQ
About 12 Clarks Court, High Street, Cullompton
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