1-bedroom flat · EX4 3AE
For saleListed 1103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A First Floor retirement apartment for the over 60's located in the City Centre.
The property is in immaculate condition and has access to a warden, communal laundry, communal gardens and residents parking.
Description A First Floor retirement apartment for the over 60's located in the City Centre which is great for having access to all shops, amnesties, bars, restaurants and transport links.
The property is in immaculate condition and ready to move into and also has access to a warden, communal laundry, communal lounge, guest room and a lift.
Outside there are communal gardens and residents parking. No chain.
The property comprises:- Communal entrance hallway, lift and stairs to first floor, entrance hallway to apartment, lounge, kitchen, bedroom and shower room/wc.
Communal Entrance Hall Leads to communal laundry, communal lounge and guest room. Lift And Stairs To First Floor Entrance Hall Emergency pull cord alarm, storage cupboard.
Living Room 18' 5" x 10' 3" ( 5.61m x 3.12m ) Double glazed rear aspect window, fireplace with electric fire, night storage heater, intercom system.
Kitchen 7' 1" x 5' 3" ( 2.16m x 1.60m ) Wall and base units, work surfaces, plumbing for dish washer, stainless steel sink/drainer, electric hob, electric oven, extractor fan over, tiling.
Bedroom 8' 8" x 15' 2" to front of window ( 2.64m x 4.62m to front of window ) Double glazed rear aspect window, electric heater, built in wardrobes.
Shower Room Double shower cubicle with electric shower, low level toilet, wash hand basin with mirror and lights above, extractor fan, tiling, tiled floor, electric heater.
Outside Communal gardens with lawns and a variety of flowers and shrubs. Parking Parking area for residents.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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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
FAQ
About 88, Homecourt House, Bartholomew Street West, Exeter
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