2-bedroom flat · EX15 1FB
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this is surely one of the finest apartments in this ever popular McCarthy and Stone built complex.
Situated just a stones throw from the High Street amenities and regular bus service, Clarks Court offers a lovely retirement oasis, with its superb communal gardens.
The accommodation comprises a spacious living room, kitchen with integrated appliances, two double bedrooms, modern shower room and a generous hall with ample storage.
The accommodation is complimented by a lovely residents lounge and laundry facilities.
This rarely available two bedroom retirement apartment is offered for sale with no onward chain and an early viewing is highly advised.
Situation And Amenities 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 being of 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.
Bullet Points Bright and spacious retirement apartment Excellent town centre location Spacious Living Room with Reading or Dining Nook Fitted Kitchen with integrated appliances Two excellent double Bedrooms Modern Shower Room Generous Hall with lots of storage Beautifully maintained communal gardens and pond Residents Parking - “first-come, first served” Residents Lounge and Laundry 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 “C” Council Tax Band “B” *no onward chain* On The Ground Floor Communal Entrance stairs and lift to first floor.
On The First Floor Front door leading to Spacious Entrance Hall with access to loft, airing cupboard housing electric boiler and shelving, storage cupboard with meters and shelving, a further deep storage cupboard with coat hooks and shelving, Tunstall on-call emergency system.
Living Room a fantastic bright and airy “L” shaped room with feature electric fireplace, plenty of space for sitting and dining furniture with Charming Dining or Reading Nook, providing an extra area of living space, electric heater, television point, telephone point, Open Reach point, emergency pull cord, two windows enjoying lovely outlook over communal garden and distant views of St.
Andrews Church.
Kitchen fitted in a range of light ash effect units comprising both wall and base mounted cupboards, integrated fridge, integrated freezer, laminate worktop with inset stainless steel single drainer sink, inset induction hob with extractor over, tall housing with electric oven, lovely outlook over communal gardens.
Bedroom 1 a generous dual aspect double room with lovely outlook towards St. Andrews Church, fitted wardrobe with mirror fronted doors, electric heater, emergency pull cord.
Bedroom 2 another excellent double room with outlook towards St. Andrews Church, electric heater, emergency pull cord.
Shower Room having been refitted in white suite comprising close coupled W.C., pedestal basin, large walk-in shower with glass folding shower screen, aqua panel walls, mains mixer shower, obscure glass window, extractor fan, wall mounted fan heater, towel rail.
Outside The property benefits from a wonderfully maintained communal garden, which on the south side is predominantly laid to lawn with a lovely pergola and patio, providing a seating area.
There are also established shrub borders and pathways which lead to the Charming Pond, again with some established planting and seating areas on the perimeter.
Clarks Court offers residents parking on a “first-come, first-served” basis, and there is also a Residents Lounge, Laundry Room and Refuse Service.
Services The Vendor has advised of the following, and it is advised to check all this information prior to viewing:- Mains electricity, water and drainage Water usage and buildings insurance is included in the service charge Electricity - edf Mains water and Drainage - S.W.
Water Residue of 125 year lease - 105 years remaining Ground rent currently tbc per annum Service charge currently £5,613.48 per annum 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 - 1800 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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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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About Flat 32, Clarks Court, High Street, Cullompton
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