1-bedroom flat · EX4 1FL
For saleReduced £10k (−4%) on 5 SepListed 182 days
Opportunity summary
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About
Located on the top floor with views over St Thomas Pleasure Grounds and beyond, this one bedroom retirement apartment offers open plan living with a walk out balcony.
*Pet Friendly* *Lift Access To All Floors* *Energy Efficient* Isabel Court Completed in early 2012, Isabel Court is a wonderful development of private apartments built by award-winning developers McCarthy Stone.
Specifically designed for ‘Retirement Lifestyle’ for those over 55 years of age, the development enjoys a host of facilities for the benefit of home owners including; a super communal lounge, a lift service all floors, mobility scooter store, laundry room and a landscaped garden backing onto the adjacent St.
Thomas Park. Further peace-of-mind is found in the service provided by the excellent House Manager who oversees the smooth running of the development.
There is also a 24-hour emergency call system in the apartments and communal areas. A guest suite is available for family and friends, for which a small charge per night is made.
It’s so easy to make new friends and to exercise both body and mind at Isabel Court; there are always plenty of regular activities to choose from including; coffee mornings, games and quiz nights, seasonal and themed events and occasional organised trips.
Whilst there is something for everyone there is certainly no obligation to participate and home owners can ‘dip in and out’ of activities as they wish.
The Local Area Isabel Court is located on an active suburban Street with a plethora of shops (a Tesco Express is adjacent to the development), restaurants and bars, hairdressers, health centre and so many other useful amenities.
Bus routes are located outside the development whilst Exeter St Thomas rail station is at the Eastern end of Cowick Street less than a quarter of a mile away.
Exeter has a real sense of individuality, its varied cultural scene is embraced by proud locals, and the diverse mix of eateries means it is renowned as one of the foodie capitals of the South West.
Head to the West Quarter or the cobbled Gandy Street to discover great mix of independent shops and boutiques, cafes and bars.
When it comes to culture Exeter is renowned in the south west for its independent arts scene. It is also firmly on the map as a destination for top sporting events and music.
A good mix of independent venues such as the Exeter Phoenix, and large venues such as nearby Powderham Castle play host to a packed calendar of events and festivals throughout the year.
In Exeter we love the outdoors.
The city's location in the heart of Devon, surrounded by miles of countryside and close to the World Heritage Jurassic Coast, means there are plenty of opportunities for adventure.
This is the perfect place to try a new activity, or simply relax and enjoy the stunning scenery. Entrance Hallway Having a solid Oak veneered entrance door with spy-hole.
Wall mounted security intercom system provides both a visual (via the home-owners TV) and verbal link to the main development entrance door, along with an emergency pull cord.
Airing cupboard with light and shelving housing the Gledhill water cylinder supplying domestic hot water, and concealed ‘Vent Axia’ heat exchange system, plus a further store cupboard.
Open Plan Living Room/ Kitchen Living Area - A bright and airy room, thanks to the double glazed door opening on to the balcony, along with two full length glazed panels with half windows.
Electric panel heater. Kitchen Area - Range of ‘maple effect’ fitted wall and base units with contrasting laminate worktops and incorporating a stainless steel inset sink unit.
Integrated appliances include; a four-ringed hob with stainless steel chimney extractor hood over, waist height oven and concealed fridge and freezer.
Balcony A good sized covered balcony with far reaching views and overlooking St Thomas Pleasure Grounds.
Double Bedroom Two double-glazed windows Fitted wardrobe with hanging rail, shelving and mirror-fronted sliding doors. Electric panel heater.
Bathroom White suite comprising; panelled bath, separate corner shower cubicle, low-level WC, vanity wash-hand basin with under-sink cupboard and mirror with strip light and shaver point over.
Fully tiled walls and floor and emergency pull cord. Parking Car parking is available with a yearly permit at a charge of around £250 per annum - subject to availability.
Service Charge What your service charge pays for: • House Manager who ensures the development runs smoothly • All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates The service charge does not cover external costs such as your Council Tax, electricity or TV.
Find out more about service charges please contact your Property Consultant or House Manager.
Service charge: £2,714.22 per annum (for financial year ending 31/03/2027) Ask about our free entitlements service to find out what benefits you may be entitled to .
(Often offset by Government Entitlements e.g. Attendance Allowance £3,500-£5,200pa).
Leasehold Lease: 125 Years from the 1st June 2011 Ground Rent: £425 per annum Ground rent review date: June 2026 Additional Information & Services • Superfast Fibre broadband available • Mains water and electricity • Electric room heating • Mains drainage Moving Made Easy Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 42 Isabel Court, Cowick Street, Exeter
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