1-bedroom flat · EX13 5PL
Listing removedListed 252 days
Opportunity summary
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About
This delightful one-bedroom retirement flat on West Street offers a perfect blend of comfort and community living.
Designed specifically for those over 55, this apartment is an ideal choice for individuals seeking a peaceful and supportive environment.
Upon entering, you will find a welcoming lounge and kitchen area, creating a warm and inviting space for relaxation.
The flat features a comfortable bedroom, providing a tranquil retreat at the end of the day and the bathroom is conveniently located, ensuring ease of access.
One of the standout features of this property is the lovely patio balcony, where you can enjoy fresh air and views of the surrounding area.
The communal lounge and gardens offer a wonderful opportunity to socialise with neighbours and the laundry facilities provide practical convenience for residents.
Safety and security are paramount, with emergency pull cords installed in all rooms, giving peace of mind to residents and their families.
Entrance Hall Doors leading to the accommodation with a smoke detector and airing cupboard housing the water tank.
Lounge (4.92 x 2.71 (16'1" x 8'10")) Featuring a decorative fireplace with a mantle and surround. Patio doors open out onto the balcony.
Further benefiting from a storage cupboard that houses the fuse box and an electric night storage heater.
Kitchen (2.73 x 1.74 (8'11" x 5'8")) Fitted with a range of matching wall and base units with work tops over comprising an eye level oven, an electric four ring hob with an extractor hood above.
Continuing round to a stainless steel sink and drainer with a window to the rear aspect that enjoys semi rural views of the surrounding countryside.
Bedroom (4.71 x 2.71 (15'5" x 8'10")) A double bedroom with a fitted wardrobe and a window to the rear aspect. Further benefiting from an electric night storage heater.
Bathroom Fitted with a white suite that comprises a low level hand flush w.c. A hand wash basin inset into a vanity cupboard and a bath with a wall mounted mains shower.
Balcony (1.97 x 1.72 (6'5" x 5'7")) Accessed from the lounge this patio balcony is enclosed by iron railings and enjoys semi rural views of the surrounding countryside.
Agents Notes Tenure: Leasehold Lease Length: 125 year lease commencing from 1/6/2004 Service Charge: £2588.60 Ground Rent: £479.16 Local Authority: East Devon District Council Tax Band: B Broadband: Full fibre broadband with a full fibre connection is available.
Fibre to cabinet broadband with part fibre connection is available. Copper broadband with a copper connection is available. Go to for more information.
Mobile phone coverage: For more information can be found at Utilities: Mains Water, Mains Drainage and Mains Electric Subject to a over 55s age restriction.
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
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FAQ
About 41 Minster Court, West Street, Axminster
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