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See how verdicts work1-bedroom flat · EX8 2BR
For saleReduced £10k (−11.8%) on 7 JulListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hamilton Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 36 properties arranged over 3 floors each served by a lift.
The Visiting House Manager can be contacted from various points within each property in the case of an emergency.
For periods when the House Manager is off duty there is a 24 hour emergency Careline response system.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
The excellent communal facilities include: Residents' Lounge, Communal Laundry, 24 Hour Emergency Careline System, Communal Satellite Dish (additional fees apply) If Required, Guest Suite, Visiting House Manager, Lift To All Floors.
The accommodation comprises: Communal entrance door with remote entry system leading to communal area with stairs and lift to all floors.
The apartment is located on the top floor to the front of the development and is approached via private front door to: Reception hall: Door entry and emergency careline cord.
Good size airing cupboard with water cylinder, slatted shelving and electric meters and consumer unit.
Lounge/dining room: 4.7m x 3.25m (15'5" x 10'8") Double glazed tilt and turn window to front aspect, feature fire surround, dimplex quantum heater, wall lighting, TV point, emergency careline cord, decorative arch to: Kitchen: 2.21m x 1.63m (7'3" x 5'4") Worktops, inset single drainer sink unit, cupboards and drawer units beneath, inset four ring electric hob with filter extractor hood over and built-in oven below, wall mounted cupboards, space for upright fridge/freezer, fully tiled walls.
Bedroom: 3.78m x 2.62m (12'5" x 8'7") Double glazed tilt and turn window to front aspect, electric heater, built-in wardrobes, mirror fronted wardrobe, wall lighting, emergency careline cord, TV point.
Bathroom/WC: 2.01m x 1.65m (6'7" x 5'5") Comprising bath with Mira shower unit over, shower curtain and rail, vanity wash hand basin with fitted mirror and light over, WC with push button flush, electric heated towel rail, electric dimplex wall heater, shaver socket, extractor fan.
Outside: Beautifully maintained and landscaped communal gardens to the rear of the building, there is a parking area to the front of the development, spaces subject to availability.
Tenure: The property is held on a 125 year lease from 1988.
Service Charges: (which include buildings insurance, garden maintenance, window cleaning, general maintenance, useful laundry room and water rates (to be confirmed).
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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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.
Area
Agent & docs
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FAQ
About 33 Hamilton Court, Salterton Road, Exmouth
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