Retirement home for over 55's. Possible buy to Let
HO

Retirement home for over 55's. Possible buy to Let

By Homeweb

£ 64,950

Reviews

2 out of 5 stars

Homeweb says ..

Ground floor flat, within a residential development catering exclusively for the requirements of todays retired & semi retired residents, residents must qualify with a minimum age 55 years. Set within the grounds of The Larches Residential Care Home, near to the Grand Western Canal.

Property Oracle says ..

This one-bedroom retirement apartment in Cranmore, Mid Devon, presents an intriguing opportunity for investors or individuals seeking a low-maintenance property. Located near the Grand Western Canal and within reach of Tiverton, it benefits from proximity to schools and amenities. The apartment itself appears well-maintained and clean, though the style is somewhat dated. The lack of outdoor space and the specific details of plot size should be carefully considered. While some similar apartments in the area command significantly higher prices, this suggests the asking price may be competitive. However, potential buyers should thoroughly investigate comparable properties to confirm this assumption and consider the limited outdoor space associated with this type of apartment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
1
Bedrooms
1
Bathrooms
0
Sqft (est)
286.64

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
440,000.00 £
Increased by 33.42 %
from 329,780.00 £
Est sale value
79,399.28 £
Decreased by 20.17 %
from 99,464.08 £
Average area rental value
850.00 £/mo
Increased by 13.64 %
from 748.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.32 %
Decreased by 14.71 %
from 2.72 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Homeweb created the listing.

Nearby Schools

NameTypeOfstedDistance
Tiverton Children'S Centre Service (Wilcombe) 1Children's Centre0.24 KM
Wilcombe Primary SchoolAcademy ConverterGood0.32 KM
Blundell'S SchoolOther Independent School0.78 KM
Tidcombe Primary SchoolAcademy ConverterGood1.07 KM
Two Moors Children'S Centre (Tiverton 2)Children's Centre1.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Peterclose Road £ 000.00 KM
Blundells Road £ 000.00 KM
Watery Lane £ 000.00 KM
Lime Close £ 000.00 KM
Hornbeam Close £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fig Tree Court, Canal Hill, Tiverton,EX16 £ 86,000BUY6 / 100.00 KM
Retirement home for over 55's. Possible buy to Let £ 64,950BUY5 / 100.00 KM
Canal Hill, Tiverton £ 125,000BUY6 / 100.00 KM
Fig Tree Court, Canal Hill, Tiverton, EX16 £ 100,000BUYUnknown0.09 KM
St. Aubyns Villas, Tiverton £ 150,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
1 St Aubyns Villas £ 475,0000.09 KM
4 St Aubyns Villas £ 140,0000.09 KM
4c St Aubyns Villas £ 85,0000.09 KM
4b St Aubyns Villas £ 79,0000.09 KM
10 Lime Kiln Road £ 179,9500.12 KM