1-bedroom flat · EX11 1GP
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom apartment in this highly regarded retirement development situated within walking distance of the town centre and all it's amenities including, the medical centre, dentist and Sainsburys Supermarket via a pretty river walk past the park and over the bridge.
The apartment is located next to the picturesque Tumbling Weir. The kitchen is well equipped and the large double bedroom is a good size with walk in wardrobe.
The sitting room has a cosy electric fire and double doors let lots of light stream through. There are also a number of communal facilities including a very social residents lounge.
Lead applicants must be over the age of 60. Second applicant over the age of 55. EPC rating B. Council Tax Band C. Kitchen Living/Dining Room Bedroom
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 Tumbling Weir Way, Ottery St. Mary
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