1-bedroom property · EX2 5PW
For saleListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ONE BEDROOM SECOND FLOOR RETIREMENT APARTMENT** Welcome to Meyer Court! Churchill Sales & Lettings are delighted to be marketing this lovely one bedroom apartment.
The property is conveniently located for the lift and stairs and is offered with no onward chain.
The living room offers ample space for living and dining room furniture and benefits from a feature electric fire with attractive surround.
A large window provides lots of natural light as well as views of the communal gardens and a door leads through to the kitchen.
The kitchen offers a range of eye and base level units with working surfaces over and tiled splashbacks.
There is a built in waist height oven, 4 ring electric hob with extractor fan over and a fridge and freezer. The bedroom is a good sized double room with a built in mirrored wardrobe.
There is plenty of space for additional furniture and a window keeps this bedroom bright and airy.
The shower room offers a large shower with handrail, a WC, wash hand basin with vanity unit beneath and a heated towel rail.
Perfectly complimenting this wonderful apartment is a useful storage cupboard located in the hallway. Call us today to book your viewing!
Meyer Court is a development of one and two bedroom purpose built apartments.
The development comprises of 50 properties arranged over three floors and is situated in an ideal position close to essential amenities.
There is a bus stop 100 yards from the development making access to Exeter City Centre and surrounding Towns easily accessible.
The House 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 House Manager.
Meyer Court has been designed with safety and security at the forefront.
The apartment has an emergency Careline system installed, monitored by the onsite House Manager during the day and 24 hours, 365 days a year by the Careline team.
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.
Meyer Court is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Meyer Court requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55. Service Charge (Year Ending 28th February 2026): £2,962.60 per annum.
Ground rent collected by Estates and Management Council Tax Band B 125 lease years commencing 2007 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, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, House Manager and a contribution to the contingency fund.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Meyer Court, Exeter, Devon
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