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See how verdicts work1-bedroom property · EX15 1FB
For saleReduced £17.5k (−15.9%) on 25 OctListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented retirement apartment sits on the first floor of this ever popular McCarthy and Stone built development, nestled in a tucked away position just off Cullompton High Street, and ideal for the local amenities and excellent transport links.
The accommodation comprises a hall with storage, living room, fitted kitchen with integrated appliances, a double bedroom and a bathroom.
There are an abundance of communal facilities, including the residents’ lounge, laundry room and beautifully maintained communal gardens.
An early viewing is strongly advised for those looking to downsize into a lovely community in the town centre.
Right in the heart of town, just back from the High Street in a gated community offering great convenience combined with privacy and security.
The country town of Cullompton provides a useful range of everyday shopping, schooling and transport facilities including a bus service to Exeter every 20 minutes.
The nearby M5 facilitates rapid commuting south to the cathedral city of Exeter and north to the county town of Taunton.
The property enjoys distant views towards the Blackdown Hills an area designated as Outstanding Natural Beauty.
For those wishing to enjoy the delights of Devon the picturesque National Parks of Dartmoor and Exmoor together with north and south Devon coastlines are all within a modest car journey.
The stunning National Trust estate at Killerton with its fine country house, gardens, grounds and arboretum lies about five miles to the south.
Popular McCarthy and Stone built retirement apartment Convenient secure gated setting Hall with storage Living Room Double Bedroom Bathroom Fitted Kitchen with integrated appliances Residents’ lounge and visitors’ suite Parking (not allocated) Laundry room Landscaped gardens and grounds 24 hour Tunstall on call emergency call aid service Electric heating and double glazing 15 miles Exeter, 19 miles Taunton Tiverton Parkway Railway Station 6 miles Exeter International Airport 14 miles There is a lift between floors for use by residents There is a house manager on site Monday to Thursday 9.00a.m.
to 5.00p.m. EPC - "B" Council Tax Band “A” On the First Floor Front door to Hall Tunstall on-call system, storage cupboard housing meters, access to loft.
Sitting/Dining Room a lovely spacious “L” shaped room enjoying open outlook, night storage heater, plenty of space for both sitting and dining furniture.
Kitchen fitted in an array of light ash effect units comprising both wall and base mounted cupboards, integrated fridge, integrated freezer, laminate worktop with inset electric hob with extractor over, inset stainless steel single drainer sink, integrated oven, wall mounted fan heater, open outlook.
Bedroom a lovely double room with fitted wardrobes, night storage heater, open outlook.
Bathroom close coupled W.C., basin with storage beneath, panelled bath with shower over, extractor fan, electric heated towel rail, wall mounted fan heater, fully tiled walls, airing cupboard housing electric boiler and slatted shelving.
Outside The flat enjoys the use of the extensive landscaped gardens and grounds, which are professionally maintained within the maintenance charge and offer sweeping lawns, specimen trees, outside seating areas and a lovely ornamental pond.
There is also covered storage and a charging area for mobility scooters, together with a residents lounge, laundry room, car parking on a first-come, first-served basis, and a visitors’ suite available to rent.
Services The Vendor has advised of the following, and it is advised to check all this information prior to viewing:- Main electricity, water and drainage Water usage and buildings insurance is included in the service charge Electricity - Octopus Energy Mains water and Drainage - S.W.
Water Residue of 125 year lease Ground rent currently £395.00 per annum Service charge currently £3,427.56 per annum from 1st March 2025 Mobile coverage: O2, and Three networks currently showing as available at the property Current internet speed showing at: Basic - 19 Mbps; Superfast - 80 Mbps; Ultrafast - 1000 Mbps Telephone: Landline connected in the building Satellite/Fibre TV availability: BT and Sky
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Clarks Court, Cullompton, EX15
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