1-bedroom house · EX8 2GG
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoy all of the benefits of a McCarthy & Stone retirement community with our affordable and flexible assured periodic tenancies, so you can rent your property for as long as you want.
Renting in retirement provides a wealth of benefits including one monthly fee, removing any worries you may have about the upkeep of your property and the grounds.
You can move in at your pace, with some customer moving within just a couple of weeks and settle in to your new home with minimum fuss.
Apartment forty-nine is a corner one-bedroom third floor apartment with balcony, overlooking the landscaped gardens.
The bedroom features a walk-in wardrobe fitted with hanging space and shelving units.
The spacious living room is decorated in a natural colour which gives a bright and airy feel, and this property also benefits from added storage in the utility cupboard.
The fully fitted open plan kitchen comes complete with integrated appliances. This property is let unfurnished.
Discover Retirement Living with a big PLUS At our Retirement Living Plus communities you'll gain a new home with less upkeep, fewer worries and more time for what matters most.
Because life changes over time, our services can adapt with you, always on your terms.
Our dedicated on-site team are there when you need them, while flexible Lifestyle Services provide support from help around your home to personal care. How will Retirement Living Plus help me?
Feel safe with a 24/7 emergency alarm, friendly staff on-site day and night, and a CQC Registered Manager Flexible support with shopping, collecting prescriptions and everyday tasks A chef-run bistro/restaurant serving subsidised seasonal food daily in a stylish, sociable setting (friends and family are welcome too!)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1-59 Merchant Avenue, Exmouth, Devon, EX8 2GG
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