2-bedroom flat · EX20 1AG
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom purpose-built flat featuring a spacious open-plan living area and an impressive modern kitchen.
This property offers electric heating and is exclusively available to those aged 55 and over.
Residents can enjoy well-maintained communal gardens, ample parking, and the convenience of being close to the town centre and its local amenities, making it an ideal choice for those seeking both comfort and accessibility.
Material information/Lease/Utilities Water - Mains connectionDrains - Mains Electric - Mains Heating - ElectricBroadband - Super Fast and Standard available (OFCOM)Council Tax Band - AEPC - TBCLease Info.
Each leaseholder obtains a twenty fourth share of the freehold. A 999 year lease was granted in 1989. .
From the communal hallway, a front door opens to the Entrance Hall Laminate flooring, large shelved airing cupboard.
Shower Room A white suite comprising of a fully tiled corner shower unit, pedestal wash basin, close coupled w.c., pedestal wash basin, half tiled surrounds, vinyl flooring, extractor fan, electric heated towel radiator.
Bedroom A dual aspect room with laminate flooring, night storage heater, mirror fronted fitted wardrobes. Bedroom Laminate flooring, night storage heater.
Living Room/Dining Room Large front aspect window overlooking the communal gardens, laminate flooring, night storage heater, open plan to the Kitchen Fitted range of floor and wall units with space and connections for an electric oven with an extractor hood over.
Space and connections for a washing machine, dishwasher, fridge and freezer. Inset stainless steel sink, vinyl tiled flooring, under cupboard lighting.
Outside There is an allocated parking space, well maintained communal gardens and bin stores.
Consumer Protection from Unfair Trading Regulations 2008 As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters.
Interested parties should employ their own professionals to make such enquiries before making any transactional decisions.
You are advised to check the availability of any property before travelling any distance to view.
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 advisors 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
FAQ
About The Chantry, East Street, Okehampton, Devon
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