2-bedroom flat · PL21 9GH
Sold STCReduced £10k (−4.8%) on 22 JulListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Two bedroom McCarthy & Stone retirement apartment at Grosvenor Court, Ivybridge, featuring a spacious lounge with Juliet balcony, master en-suite, communal facilities and no onward chain.
Description Situated within the sought-after McCarthy & Stone retirement development of Grosvenor Court, this well-presented two bedroom apartment offers comfortable, secure living in the heart of Ivybridge.
The apartment boasts a spacious lounge with a Juliet balcony, providing an abundance of natural light and an inviting space for relaxing or entertaining.
The fitted kitchen is well arranged and complements the practical layout of the home.
The master bedroom benefits from a private en-suite shower room, while the second bedroom is ideal for guests or use as a hobby or study room.
A main bathroom serves the apartment, and there is excellent built-in storage throughout, ensuring a clutter-free living environment.
Residents of Grosvenor Court enjoy access to a range of communal facilities, including attractive landscaped gardens, residents’ lounge, laundry room, and parking, all designed to encourage an active yet relaxed lifestyle with a strong sense of community.
Offered to the market with no onward chain, this apartment presents an ideal opportunity for those seeking independent retirement living in a well-regarded development close to local amenities and transport links.
Entrance Hallway Electric heater. Pull cord alarm system. Two storage cupboards. Living Room Bright and spacious living room with dual aspect double glazed windows. Radiator.
Double glazed door opening out to a Juliet balcony offering top floor views up Ivybridge Fore Street to the Beacon. Emergency pull cord.
Kitchen Double doors lead into the kitchen which comprises of a range of matching wall and base units with worktops above. Counter top electric hob with extractor above. Integrated oven.
Stainless steel sink and drainer. Double glazed window. Emergency pull cord. Bedroom 1 Generous master bedroom with built in storage. Radiator. Double glazed window. Door to the en-suite.
Emergency pull cord. En-Suite Shower enclosure with wall mounted folding seat and emergency pull cord, low level w.c. And a vanity sink unit. Heated towel rail. Extractor fan.
Bedroom 2 Double glazed window. Radiator. Emergency pull cord. Bathroom Bath with shower above and a handrail, low level w.c. And vanity sink unit. Heated towel rail. Extractor fan.
Emergency pull cord. We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
FAQ
About 20, Grosvenor Court, Western Road, Ivybridge
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