1-bedroom flat · EX15 1FB
Listing removedListed 174 days
Opportunity summary
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About
This well presented first floor retirement apartment is easily accessed via the lift or stairs, and enjoys an outlook over the communal gardens towards Cullompton High Street.
Clarks Court is ideally situated within a very short walk of High Street shops and public transport, whilst being tucked away in a very private location away from the hustle and bustle of the town.
Description This well presented first floor retirement apartment is easily accessed via the lift or stairs, and enjoys an outlook over the communal gardens towards Cullompton High Street.
Clarks Court is ideally situated within a very short walk of High Street shops and public transport, whilst being tucked away in a very private location away from the hustle and bustle of the town.
The accommodation comprises a hall with storage, living room, fully integrated kitchen, double bedroom with wardrobes and a modern shower room.
An early inspection is advised for those seeking a superbly located retirement property.
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 Well presented McCarthy and Stone retirement apartment Situated on the first floor Outlook towards Cullompton High Street Generous Living Room Fully integrated Kitchen Double Bedroom with wardrobe Excellent Shower Room Residents’ parking on first-come, first-served basis Residents’ lounge Laundry room Guest suite Beautifully maintained communal gardens 15 miles Exeter, 19 miles Taunton Tiverton Parkway Railway Station 6 miles Exeter International Airport 14 miles There is a lift between floors for use by residents There is a house manager on site Monday to Friday 9.00a.m.
To 5.00p.m.
EPC - "B" Council Tax Band “A” On The Ground Floor Communal Entrance leading to Hallway providing access to all communal facilities, including Residents’ Lounge, Laundry and Guest Suite, both lift and stair access to first floor.
On The First Floor Communal Hall leading to heavy front door opening to Hall with Tunstall on-call system, airing cupboard housing electric boiler, shelving.
Living Room a bright and airy room with outlook over the front communal gardens towards the High Street, door opening out to Juliette Balcony, plenty of space for both sitting and dining furniture, television point, telephone point, emergency pull cord, night storage heater, storage cupboard, door to 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, laminate roll edge worktop with inset four ring electric hob with extractor over, inset stainless steel single drainer sink, inset electric oven, electric fan heater, vinyl flooring, outlook to the front over garden towards the High Street.
Bedroom a generous double room with outlook to the front over communal gardens towards the High Street, built-in double wardrobe with mirror fronted folding doors, shelving and hanging rail, night storage heater, emergency pull cord.
Shower Room with suite comprising close coupled W.C., washbasin with storage beneath, very large walk-in shower cubicle with mains shower, glass sliding shower doors, fully tiled walls, extractor fan, wall mounted electric fan heater, light with shaver point, heated towel rail.
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 Ground rent currently £395.00 per annum Service charge currently £3,085.62 per annum 24 hour Tunstall on call service Mobile coverage: EE, O2, Vodafone and Three 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 building Satellite/Fibre TV availability: BT and Sky
Value & comps
No previous sales on record.
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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 23, Clarks Court, High Street, Cullompton
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