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For saleNew
£170,000Shared ownership

1-59 Merchant Avenue, Exmouth, Devon, EX8 2GG

2bedrooms
Retirement Propertytype
Leaseholdtenure

Listed 2 days ago · Exmouth

How the price compares

This home£170,000
Median 2 bed in EX8£258k156 homes listed · £349 per sq ft
Difference-34%below the area median

Key features

  • Coastal location with excellent transport links, around two miles from Exmouth's lively town centre and the beautiful Exmouth and Sandy Bay beaches
  • Gorgeous low maintenance and energy-efficient retirement properties to buy or rent - balconies, patios and/or onsite parking available for select properties
  • Lovely, landscaped gardens for evening cocktails and lazy afternoons with friends and a stylish communal lounge for parties, events and everyday socialising
  • Chic Wellness Suite for onsite pampering and hotel-style Guest Suite to make hosting a breeze
  • Onsite chef-run bistro with ever changing seasonal menus, plus barista coffee and cake
  • Manager onsite 24/7 for your peace of mind, plus tailored domestic support and personal care should you need it
  • South East facing
  • Juliette balcony
  • Pet Friendly
  • Walk-in Wardrobe

About this home

Apartment twenty-seven is a lovely two-bedroom, first floor apartment. The living room is decorated in a natural colour which gives a bright and airy feel. The master bedroom features a walk-in wardrobe with hanging space and shelving units. This spacious apartment also features a beautiful shower room, a fully fitted modern kitchen and additional storage space.  This is a leasehold property with a term of at least 990 years from and including 25th April 2024. Shared Ownership allows you to buy a share of your home of between 10% and 75%, reducing the amount you have to pay upfront. If you buy a 75% share you’ll enjoy your home rent free. For smaller shares you will pay some rent. Discover Retirement Living with a big PLUS At our Retirement Living Plus communities you'll gain a new home with less upkeep, fewer worries and more time for what matters most. Because life changes over time, our services can adapt with you, always on your terms. Our dedicated on-site team are there when you need them, while flexible Lifestyle Services provide support from help around your home to personal care. How will Retirement Living Plus help me? Feel safe with a 24/7 emergency alarm, friendly staff on-site day and night, and a CQC Registered Manager Flexible support with shopping, collecting prescriptions and everyday tasks A chef-run bistro/restaurant serving subsidised seasonal food daily in a stylish, sociable setting (friends and family are welcome too!) Example share pricing: £170,000/£390 pcm (50% example share/50% rent) £255,000 (75% example share/no rent) Other shares available

SAP Rating - up to 86

Property details

Property type
Retirement Property
Size
Ask developer
Council tax band
TBC
Tenure
Leasehold
Lease remaining
987 years left
Ground rent
£0 per year
Service charge
£13,165.47 per year
Parking
Yes
Garden
Yes
Heating
Ask developer
Broadband
Ask developer
Electricity
Ask developer
Water
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Accessibility
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Floorplan

Floorplan

Location

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  • Exmouth Station1.4 mi
  • Lympstone Village Station2.5 mi
  • Starcross Station2.7 mi

What nearby homes sold for

Median sold prices in EX8 over the last 12 months: detached £470k · flat £175k · terraced £270k · semi-detached £325k.

AddressTypeSoldPrice
9 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
13 Aug 2025£465,000
7 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
4 Jul 2025£390,000
51 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
27 Jun 2025£313,000
10 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
18 Jun 2025£404,310
43 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
6 Jun 2025£354,000
40 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
30 Apr 2025£390,000
52 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
25 Apr 2025£313,000
39 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
16 Apr 2025£289,020
18 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
16 Apr 2025£295,635
53 The Curlews, Merchant Avenue
Exmouth EX8 2GG
Flat, new build
Leasehold
28 Mar 2025£413,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in EX8

Buying costs

Monthly repayment£850£17,000 deposit · £153,000 loan
Stamp Duty£900England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by McCarthy & Stone on Rightmove (original listing). First listed 6 Nov 2026; details checked 7 Nov 2026. Latest change: reduced on 30/04/2026.

Agent disclaimer

Disclaimer - Property reference 2_Apartment 27. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by McCarthy & Stone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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