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See how verdicts work2-bedroom flat · EX13 5PL
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A top floor retirement apartment featuring two double bedrooms and the benefit of no onward chain.
The Property A spacious two double bedroom second floor retirement apartment ideally situated just off the centre of Axminster.
Accommodation The property offers comfortable accommodation with double glazing, economy 7 heating, 24 hour emergency careline response system, on site house manager and well maintained communal gardens.
There is a lift to all floors, a beautiful residents lounge, laundry room and guest suite.
The apartment is presented in excellent decorative condition and benefits from a 24ft sitting/dining room and a well fitted shower room featuring a double width shower cubicle.
New carpets were fitted in 2024. An age occupancy restriction applies to this property.
Outside To the rear of the development is a well maintained communal gardens with mature boards and paved seating area that adjoins the residents lounge.
Situation Minster Court is situated just moments away from the town centre and is ideally placed for local amenities and shopping facilities.
Axminster is a country town on the Eastern fringes of Devon, close to the border with Dorset.
It offers a selection of shops including two Supermarkets; plus schools, churches and a main line railway station on the Exeter to Waterloo line.
The beautiful Axe valley reaches the sea at Seaton (6 miles) and the famed resort of Lyme Regis is a similar distance. Exeter (M5) 24 miles, Taunton 20 miles.
Services Mains electricity, water and drainage. Local Authority East Devon District Council, Knowle, Sidmouth, Devon EX10 8HL. Council Tax Band D.
Agent's Note An age restriction of 55 and over applies to this development.
Lease Information Remaining lease - 125 years from 1st June 2004 Ground rent - £450 per annum Service charge - £5,865 per annum
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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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 West Street, Axminster
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