1-bedroom flat · EX8 2ET
Listing removedListed 392 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom retirement property located on the second floor Orcombe Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 57 properties in 3 separate blocks, connected by a single storey walkway, each served by lift.
The DevelopmentManager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 55 years. Please speak to our property consultant if you require any information regarding Event Fees that may apply to this property.
Accommodation Entrance Hall Emergency intercom, door entry system. Illuminated light switch. Ceiling light. Power point. Door to storage cupboard housing fuse boxes and hot water tank.
A door from the entrance hall leads to the: Living Room Electric night storage heater. Power points to include TV & FM radio aerial point. Telephone point. Wall light points. Emergency pull cord.
Coved and artex ceiling . With fireplace and electric log fire. Door to garden. Kitchen With Window Tiled and fitted with a range of wall and floor cupboards. Stainless steel sink with single drainer.
Fitted hob with overhead extractor hood. Refrigerator and freezer. Ceiling light, fan heater. Bedroom Built in wardrobe with folding mirror doors. Illuminated light switch. Telephone point.
Power points. Emergency pull cord. Ceiling lights. Shower Room Tiled and fitted with suite comprising shower with shower cubicle and emergency pull cord. WC with low level flush; Vanity unit.
Electric wall heater. Extractor fan. Heated towel rail.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 57, Orcombe Court, Exmouth
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