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See how verdicts work1-bedroom flat · EX14 1NU
Listing removedListed 101 days
Opportunity summary
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About
No Chain * This wonderful Churchill Retirement Living apartment offers comfortable and secure living within this stylish development.
A fantastic opportunity to purchase a luxury over 60's retirement apartment.
The accommodation briefly comprises a hallway, a double bedroom with more than enough fitted storage, shower room, fitted modern kitchen and a light and spacious lounge with patio door leading to the Juliette balcony.
Holyshute Lodge is a modern development which benefits from a lodge manager, owners' lounge/kitchen, guest suite and communal laundry, a lift to all floors, 24 hour emergency care line system, car parking and communal gardens.
The on-site Wellbeing Suite provides hairdressing, beauty and treatment facilities conveniently within Holyshute Lodge.
Holyshute Lodge is a beautiful development of 41 one and two bedroom retirement apartments located in the historic market town of Honiton.
The development, is conveniently located on the edge of the town centre, ideally placed for the High Street which is home to a number of independent and specialist shops. Tenure Leasehold.
We understand the property is held on a 125 year lease commencing 2014. Services We understand all services are connected, except gas.
Maintenance The current service charge (Year Ending 31st May 2027): £3600 per annum. Ground rent £652 per annum. To be reviewed May 2028.
Outgoings Council Tax Band B Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management.
Service charges include: Careline system, buildings insurance, water and sewerage rates, Air Source Heating in communal areas and in the apartment, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance & Lodge Manager.
Holyshute Lodge’s manager is on hand throughout the day to support the owners and keep the development in perfect shape.
They arrange many regular events in the Owners’ Lounge from coffee mornings to games afternoons. A Guest Suite is available for your friends and family to stay in.
In addition, you are entitled to use of the Guest Suites at all Churchill Living developments across the country. Prices are available from the Lodge Manager.
Holyshute Lodge has been designed with safety and security at the forefront, The Apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Holyshute Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 26, Holyshute Lodge,, Langford Road, Devon
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