1 bed flat for sale

Flat, Florist Court, High Street, Cullompton EX15

Description

Florist Court is a modern, purpose-built apartment completed in 2019, offering an excellent turnkey investment opportunity in the heart of Cullompton town centre. Ideally suited to buy-to-let investors, the property is well positioned in a strong rental location with consistent tenant demand and the potential for a seamless transition to new ownership.

The property currently achieves a rental value of £775 per calendar month, presenting an attractive income-generating asset from day one.

Finished to a high contemporary standard, the apartment provides attractive, low-maintenance accommodation with electric heating and full double glazing throughout - helping to minimise ongoing upkeep and maximise long-term efficiency. The layout comprises a generous double bedroom with built-in wardrobes, a modern shower room, and a well-designed open-plan kitchen/dining/living space that consistently appeals to professional tenants. Residents also benefit from a dedicated bin store, adding to the practicality of this well-managed development.

Cullompton continues to prove popular with renters due to its excellent connectivity and amenities. Junction 28 of the M5 is just minutes away, offering straightforward access to Exeter, Taunton and the wider South West. Tiverton Parkway railway station provides mainline rail services to Exeter, Bristol and London Paddington, making the town particularly attractive to commuting professionals. A range of shops, cafés, supermarkets and everyday services are all within walking distance, supporting strong and sustainable tenant demand.

This represents a rare opportunity to acquire a modern, easily lettable apartment in a central and well-connected Mid Devon location - an ideal addition to an established portfolio or a straightforward first investment purchase.

Please note: The property is subject to service charges (2026 fees have slightly increased; confirmation awaited).

Please Note:
We are supervised by hmrc for the purposes of Anti-Money Laundering (aml) regulations. If your offer to purchase a property is accepted, you will need to satisfy the requirements set out in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. To comply with these obligations, we work with an independent third-party provider to complete id verification, aml checks, and source of funds checks. A charge of £48.00 applies for these checks. Please note that a memorandum of sale cannot be issued until all required verification has been successfully completed.

As a regulated Sales Agent, we are required to be part of an approved redress scheme. We are members of The Property Ombudsman, which is a government-approved scheme providing independent dispute resolution.

From time to time, we may introduce buyers or sellers to The Mortgage Quarter. Use of their services is entirely optional. If you choose to proceed with them, please be aware that we may receive an average referral payment of £200 for the introduction.

Stamp Duty Land Tax (sdlt) may be payable on your purchase. We advise speaking with your solicitor or legal representative to confirm what, if any, amount is due based on the latest government guidelines.

Council Tax Band: A
Tenure: Leasehold (125 years)
Ground Rent: £150 per year
Service Charge: £500 per year
years remaining 118 yrs