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See how verdicts work1-bedroom flat · EX15 3XL
Listing removedListed 480 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely bright and airy first floor flat is approached from the main entrance and car park, being on the same level and thus requiring no stairs for access.
The flat has recently been completely renovated and is now presented in a “better than new condition” and absolutely ready to move into.
The property enjoys the use of facilities such as residents’ lounge, laundry room, communal gardens and car park and is offered for sale with no onward chain.
Description This lovely bright and airy first floor flat is approached from the main entrance and car park, being on the same level and thus requiring no stairs for access.
The flat has recently been completely renovated and is now presented in a “better than new condition” and absolutely ready to move into.
The property enjoys the use of facilities such as residents’ lounge, laundry room, communal gardens and car park and is offered for sale with no onward chain.
Situation And Amenities Tucked away off Ashley Road within about 100 meters of the Village Square with its convenience store and frequent bus services to the nearby town of Cullompton and further afield to Exeter and Tiverton.
The country town of Cullompton provides High Street shops, two supermarkets, library and M5 intersection, facilitating rapid commuting south to the cathedral city of Exeter and north to the county town of Taunton.
The comparatively central Mid Devon location places the picturesque National Parks of Dartmoor and Exmoor together with the north and south Devon coastlines all within a modest car journey.
Bullet Points Comprehensively renovated retirement flat Night storage heating Hall with storage Sitting/Dining Room Superb re-fitted Kitchen Bedroom Superb stylish re-fitted Shower Room 20 miles Exeter, 16 miles Taunton Tiverton Parkway Railway Station 4 miles EPC rating “C” Council Tax Band “A” Leasehold No onward chain Lease Details: 125 Year Lease granted in 2000 Ground Rent - £225 p.a.
Service Charge - £255 pcm On The First Floor Heavily panelled door to Hallway airing cupboard with hot water tank and slatted shelving, deep walk-in cloaks cupboard with hanging and shelving.
Lovely bright and airy Sitting Room enjoying outlook over communal front garden, night storage heater, wide archway to Re-fitted Kitchen with extensive range of units comprising seven base cupboards, drawer pack, corner carousel unit, six wall cupboards, two glazed, freestanding Flavel electric cooker with ceramic hob, oven and grill, foldaway extractor hood over, spotlighting, freestanding fridge/freezer.
Double Bedroom again enjoying outlook over front garden towards The Old Brewery.
Large Shower Room recently refitted with stylish white suite comprising full width walk-in shower with hand spray and rain head, pedestal basin, close coupled W.C., electric chrome ladder-style towel rail/radiator, mirrored medicine cabinet, extractor.
Outside The residents are able to enjoy the well stocked and maintained communal gardens with herbaceous and perennial borders interspersed with paved seating areas around the outside of the property.
Residents also enjoy use of the communal residents’ lounge and laundry room as well as extensive residents’ parking.
Services The Vendor has advised of the following, and it is advised to check all this information prior to viewing:- Mains electricity, water and drainage Current utility providers: Electricity - edf Water and drainage - S.W.
Water Mobile coverage: EE, O2, Vodafone and Three networks currently showing as available at the property Current internet speed showing at: Basic - 16 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About 16, Trafalgar Court, Clay Lane, Cullompton
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