1-bedroom flat · EX13 5PL
Listing removedListed 205 days
Opportunity summary
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About
This one-bedroom flat is **for sale** in the popular Minster Court development in Axminster and is available **for over 55s only**.
The property is in good condition and offers a comfortable layout, including a double bedroom with a built-in wardrobe, a reception room and a kitchen, as well as a bathroom.
Set close to Axminster town centre, the flat benefits from convenient access to local amenities, including supermarkets, independent shops, cafés and essential services.
Axminster’s traditional high street offers a good range of everyday facilities, while nearby green spaces and riverside walks provide pleasant spots to get outside.
The flat’s combination of a manageable layout, double bedroom with built-in storage and access to nearby amenities and transport links makes it a practical option for those seeking a home in a well-connected East Devon market town.
Hallway Doors leading to the accommodation with a storage cupboard housing the fuse box and a additional airing cupboard housing the water tank.
Further benefiting from a smoke detector, emergency pull cord and telephone entry door system Lounge (4.20 x 3.52 (13'9" x 11'6")) With a feature decorative fireplace, a window to the rear aspect, an electric heater and an emergency pull cord.
Kitchen (2.39 x 2.63 (7'10" x 8'7")) Fitted with a range of matching wall and base units with work tops over comprising an eye level oven, a four ring electric hob with an extractor hood above.
Continuing round to a stainless steel sink and drainer and a window to the rear aspect.
Further benefiting from space for two white goods under the work tops and space and plumbing for a washing machine. Further benefiting from an emergency pull cord.
Bedroom (4.67 x 2.70 (15'3" x 8'10")) A double bedroom with a window to the rear aspect, electric radiator, an emergency pull cord and a fitted double wardrobe with a mirror fronted door.
Bathroom Fitted with a white suite comprising a low level hand flush w.c. A hand wash basin inset into a vanity cupboard and a shower cubicle featuring a wall mounted mains shower attachment.
Agents Notes Tenure: Leasehold Local Authority: East Devon District Council Council Tax Band: B Lease length: 125 year lease with approximately 106 years remaining.
Service Charge: £2,817.87 per annum Ground Rent: £385 per annum Broadband: Full fibre broadband with a full fibre connection is available.
Fibre to cabinet broadband with part fibre connection is available. Copper broadband with a copper connection is available. Go to for more information.
Mobile phone coverage: For more information can be found Utilities: Mains Water, Mains Drainage and Mains Electric
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 31 Minster Court, West Street, Axminster
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