1-bedroom flat · EX10 9XZ
Listing removedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This comfortable retirement apartment forms part of a popular development which is conveniently located approximately half a mile from Sidmouth town centre and a little further to The Esplanade.
The nearest bus stop is located a short distance from the development with regular communications passing in and out of town throughout the day.
The property is situated on the first floor with lift access available and enjoys pleasant views towards Salcombe Hill on the eastern side of the Sid Valley, in addition to the surrounding communal gardens.
The apartment is presented to a good decorative standard throughout and is offered for sale with no onward chain.
The accommodation briefly comprises an entrance hallway with a storage cupboard, airing cupboard and space to remove and hang coats and shoes.
The living room is a spacious reception space with a stylish electric coal effect fire and a large window overlooking the surrounding communal gardens and distant views towards Salcombe Hill in the east.
An archway to the rear of the living room connects to the adjoining kitchen. The kitchen offers an attractive range of wood effect fronted base and wall mounted units with additional display cabinets.
There is a wide expanse of worksurfaces, tile effect laminate flooring and space for a range of appliances. A window from the kitchen overlooks the central communal garden space.
The bedroom is a comfortably sized double room with a good range of fitted wardrobes and a similar outlook to the living room.
The bathroom has been adapted in recent years to now offer a large walk in shower cubicle with an electric shower units and aqua board surround in addition to a low level wc and wash basin with storage cupboards below.
Temple Gardens is conveniently located in Temple Street approximately 10 minutes level walk from Sidmouth town centre.
These purpose built apartments have the benefit of a spacious resident's lounge with kitchen facilities. The flats are situated amongst attractive gardens, and there is parking on site.
Temple Gardens specifically caters to a retired market. One of the residents in this apartment must be at least 60 years of age.
There is a Scheme Manager on site who, although not on duty 24 hours a day, will summon medical and welfare services should they be required, but will respect the privacy and independence of the residents at all times.
Pets are permitted, subject to the manager's approval. Viewing - By prior appointment with Redferns on services - We understand all mains services are connected.
Outgoings - Council Tax Band B Tenure - Leasehold - We understand that a lease of 125 years was granted on this property in January 1987.
The occupier (who would not necessarily be the purchaser) of the flat must be over the age of 60 years. In the event of the occupiers being a couple, one party must be over 60 years.
Service charge - The service charges for this property are £328.08 per month that includes the insurance of the building, maintenance of the gardens, cleaning of the communal areas, communal lighting, window cleaning, use of the drying room and the cost of the in house manager.
Agents note - Data protection act of 2017. We are now required to obtain proof of id and proof of residence for any prospective purchaser before formally agreeing a sale.
Photographic identification such as passport or driving licence, proof of residence, utility bill, council tax or official Inland Revenue correspondence. Important notice - 1.
Every care is taken in preparing these particulars, but they do not constitute nor constitute any part of an offer or a contract.
They are prepared in good faith, but they are for guidance only and intended to give a fair description of the property. 2.
Statements contained in these particulars are not to be relied on as statements or representations of fact and are made without responsibility on the part of the agents or vendor.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each statement.
The vendor does not make or give and neither the agents or their employees have authority to make or give any representation or warranty in relation to the property or its use. 3.
Any reference to alterations to or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained.
These must be verified by any intending purchaser. 4. All properties are offered subject to contract and being unsold.
No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting any property which has been sold, let or withdrawn. 5.
The photographs show only certain parts and aspects of the property at the time they were taken. Any areas, measurements or distances given are approximate only. 6.
Descriptions of a property are inevitably subjective, but we endeavour to make our particulars accurate.
If there are any points of particular importance please contact us before viewing and we will be pleased to check or clarify information.
Redferns is a trading name of Redferns Ottery St Mary Limited Registered in England and Wales 4817078. Registered Office 8 Mill Street, Ottery St Mary, Devon EX11 1AD
Value & comps
No previous sales on record.
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Archie refurb estimate: a Pro feature
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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 26, Temple Gardens, Sidmouth
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