2-bedroom flat · EX10 9XL
Listing removedListed 155 days
Opportunity summary
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About
You can see why the house builder, Wain Homes, chose this ground-floor two-bedroom apartment as the show home.
It benefits from an abundance of natural light, with numerous windows and direct access to an outdoor seating area enclosed by timber fencing, enjoying distant countryside views with a tree-lined backdrop.
The apartment is immaculately presented and well appointed throughout and features the same flooring across the whole property, adding to the feeling of space and light.
The accommodation comprises an entrance hall leading into the spacious open-plan kitchen/living/dining room, with a cosy sitting area, dining area and fitted kitchen complete with integrated appliances, work surfaces and a 1 1/2 bowl sink.
The remainder of the accommodation includes a modern bathroom and two bedrooms.
Bedroom one is a double bedroom and bedroom two is a single bedroom, with both bedrooms benefiting from fitted bedroom furniture.
Additional features include double-glazed tilt and turn windows and gas-fired central heating, provided by a combination boiler.
The property also benefits from a designated parking space directly outside the apartment.
The current owner is prepared to sell the apartment, by separate negotiation, with selected furniture, fixtures and fittings included, offering an ideal opportunity for those seeking a ready-to-enjoy second home, holiday retreat, or investment purchase, as it has currently been utilised successfully for a number of years.
Offered for sale with no onward chain, we would highly recommend an internal inspection in order to appreciate all it has to offer as well as the huge amount of care that has been given to maintain the property to exemptional standard that provides the ambiance of a new apartment.
Location Anstis court is within 200m of local amenities that include a supermarket, pharmacy, bakery, newsagents and post office.
Within 100m of this property access can be gained onto bus routes into Sidmouth or Exeter.
Located on part of the world famous 'Jurassic Coast', Sidmouth is a delightful, unspoilt, coastal resort town situated along the lovely Sid Valley in East Devon.
It has retained much of its Regency and Victorian charm and character and is well served by a range of amenities including both private and state schools, hospital, theatre, cinema, golf course, supermarkets and a town centre with a wealth of interesting, individual shops.
Sidmouth is also well placed for transport links, lying within 15 miles of Exeter and the M5 and within just 10 miles of Exeter airport, Honiton and the A30 link road.
Further Information The property is currently assessed for business rates; however, prior to this change, it was classified as Council Tax Band C.
Pets are permitted, however consent must be granted by the freeholder (Anstis Court Management Company) of which each leaseholder owns an equal share in.
We understand letting on a short term and long term basis is permitted.
Broadband (estimated speeds) Standard 7 mbps Superfast 60 mbps Ultrafast - Lease Term 999 years from 19 July 2004 Lease Term Remaining 977 years Tenure and Maintenance We understand that the property is leasehold.
We have been informed that the lease for this apartment is for a term of 999 years from 2004 and that each leaseholder owns an equal share in the management company which in turn owns the freehold of this development.
We are advised that the current service charge is £1523.00 per annum.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QSI260070/8
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 20, Anstis Court, 44, Woolbrook Road, Devon
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