Over 70% Sold Off-Plan! Don't miss out - book your priority appointment today!
A new McCarthy Stone development is now selling off-plan on Exeter Road in Topsham. This development of Retirement Living PLUS properties will include a mix of 53 one-bedroom and two-bedroom retirement properties.
But, at our retirement properties in Topsham, you’ll still be able to keep your independence. You'll have your own apartment and you’ll be able to make use of the stunning landscaped gardens. Plus, even though our retirement properties in Topsham offer you the perfect opportunity to downsize, you’ll never feel like you’re making any sacrifices. This is because, on the development, you’ll find everything you could possibly need to enjoy a full and active retirement. This includes a bistro and a communal lounge that will regularly host events. There will even be a guest suite for when family and friends come to stay, and pets will be more than welcome.
Development Highlights
- Bistro serving meals daily
- Tailored care and support services
- One hour Domestic Assistance included
- Staff on-site 24 hours
- Close to Topsham railway station
- Centrally located in a coastal and affluent suburb of Exeter
Key Features
- House/Estates Manager
- Care provisions
- Bistro
- 24/7 call system
- Lifts to all floors
- Intruder alarm
- Mobility scooter room
- Wheelchair access
- By the sea
Virtual Tours
Here is a virtual tour of our similar development, Monument Place in Salisbury. This virtual tour includes a one bedroom apartment, two bedroom apartment and homeowners' lounge, it is a great opportunity to see for yourself what Pym Court will look like when complete. To get the best experience, please click the full screen icon with the four arrows below in the bottom left menu bar.
Interactive Site Plan
Our interactive site plan allows you to explore this retirement development. Click the tabs to view each floor, with G being the Ground Floor. You’ll see that one-bedroom retirement homes are shown in yellow and two-bedroom apartments are shown in purple. Any retirement property shown in red is already reserved, sold or rented out. When you click on an available property, you’ll be given information about the sale and/or rental prices (all rental prices include service charges and ground rent). You can then click on ‘view property’ to find out more.
Explore properties:
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2022
* To be offset against your initial payment and fully refundable should your tenancy not proceed
- Communal area costs inc. electricity, heating and lighting
- Future maintenance fund
- Water and sewage (communal areas and apartments)
- Ground rent
- Maintenance of building and gardens
- Emergency call system
- Building insurance
- Active social calendar of events and exclusive discounts
- Dedicated on-site team
- Weekly domestic assistance
- Use of the on-site restaurant
What's not included?
- Electricity, heating and lighting (apartments)
- Phone / broadband
- Council Tax
- TV licence / TV service
- Home and contents insurance
What is an Assured Tenancy?
Assured Tenancy means that you agree to rent the property for a minimum term of 12 months, but after that you can leave at any time as long as you give two months written notice. We can’t ask you to leave unless you have broken the terms of the agreement.
I want to rent. What checks do you carry out and what do I need to prepare?
We’ll ask you to complete a Rental Application Pack and an Income and Expenditure form to get the information we need to do standard background checks. You’ll be asked for proof of income, savings and/or pensions, along with copies of your last three months’ bank statements. You’ll be asked to provide identification documentation that complies with the latest Government Right to Rent regulations – our sales consultants will talk you through what you need.
Do I need to pay a reservation deposit?
Yes, you will need to pay a small refundable reservation deposit to reserve the property. You will also have to pay a security deposit equivalent to five weeks rent when you move in.
What do I have to pay before moving in?
Before you can move into your property, you will need to pay the first month’s rent together with your security deposit, minus the reservation deposit you’ve already paid.
The security deposit is equivalent to five weeks rent. Don’t worry, we’ll make sure you know the exact amount you need to pay in plenty of time.
McCarthy Stone is part of the Tenancy Deposit Scheme, membership number G10625. Download the Tenancy Deposit Scheme leaflet.
What date are rental payments due?
All rental payments are due on the 1st of each month and must be paid by direct debit. Your rent includes all of the development’s service charges, ground rents and property maintenance.
It’s an affordable approach to owning a stunning new retirement home:
- You may be able to access cash tied up in your existing property (known as ‘equity release’)
- You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
- If you want, we can buy your existing property as a part exchange
- You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013 and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
What is Part buy, part rent?
A flexible, affordable alternative to outright purchase, with all the benefits of ownership. For more information call: 0800 201 4811
How it works
You purchase a minimum 50% share in a brand new McCarthy Stone retirement property and pay rent on the part you don’t own.
Benefits include:
It’s an affordable approach to owning a stunning new retirement home
- You may be able to access cash tied up in your existing property (known as ‘equity release’)
- You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
- If you want, we can buy your existing property as a part exchange
- You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees
Is private shared ownership available at all McCarthy Stone developments?
No. This offer is available at selected McCarthy Stone developments, so make sure you check with the sales team on site.
What % of the property do I have to purchase?
70% is the standard option – there are options to increase this over time, known as staircasing.
What is staircasing and how does it work?
What further costs and fees are involved You can purchase further 10% increments, based on valuation at that point. You can staircase to 100% at which point the property would be wholly owned. You would stop paying rent, but service charges and ground rent continue to be payable to McCarthy Stone.
Each time you staircase you need to plan for additional costs such as valuation fee, legal expenses, SDLT*/LTT** if applicable.
*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018
Do I pay Stamp Duty Land Tax (SDLT) or Land Transaction Tax (LTT) on a private shared ownership property?
You will need to pay SDLT*/LTT** on a private shared ownership property, but you may have less to pay than if you had purchased outright. You should seek advice from your solicitor to confirm how much SDLT you have to pay.
*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018
How much rent will I have to pay and how will that change over time with rent reviews?
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013, and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
Living at Pym Court

Watch: View our stunning development videos to get a sense of what it's really like to move into your new McCarthy Stone apartment.

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"There's always plenty of people about even if you're just going shopping."
Living in Topsham
Topsham is a coastal and affluent suburb of Exeter that sits alongside the Exe estuary, which is famous for its sailing and water sports. It was once a thriving port and shipbuilding centre, and today there’s still a charming passenger ferry that transports passengers across the Exe, as well as plenty of waterside pubs where you can stop for lunch. You can even take long or short cruises where you can discover the wildlife of the Exe estuary or visit Exmouth’s sandy beaches.
Topsham is a desirable and quirky town that boasts a selection of independent retailers. Within Topsham, there’s a popular antiques centre, an authentic Sunday market and plenty of local stores where the owners are incredibly passionate about their goods.
Within the town, there’s also a collection of distinctive buildings, including 17th century merchant houses that sit along The Strand. One of these is the Topsham Museum, where a number of interesting exhibitions are held.
If you like to get out and explore further afield, then you’ll be pleased to know that our retirement properties in Topsham will be located on a main bus route, with bus stops immediately outside the development. The development will also be close to Topsham railway station, which sits on the Avocet Line. All trains from Exmouth to Exeter St David’s stop at Topsham, and there’s a half-hourly daytime service in each direction.
With so much to see, do and explore in the local area, it’s perhaps no wonder that The Sunday Times voted Topsham as the best place to live in the South West in April 2019.
- Conveniently situated close to these local amenities:
- Doctors 1 miles
- Post Office 0.6 miles
- Supermarket 0.1 miles
Our Topsham development will be located on Exeter Road in the heart of Topsham, with a great range of local amenities close by. An Aldi supermarket will be just 0.3 miles away, and you’ll be able to reach a great range of bars and restaurants if you head 0.2 miles in the other direction. If you’d like to travel further afield, then Topsham railway station will only be 0.6 miles away from the development.
There’s plenty to keep you busy in Topsham. Topsham Recreation Ground is just 0.3 miles away from the proposed site and Topsham Swimming Pool is 0.5 miles away.
Getting to Location
If you are using a Sat Nav system you may need the full address of this development. The postcode is newly created by Royal Mail and may not be accurate for some months.
The Team at Pym Court

Related Developments
Offers Too Good To Miss
100% Part Exchange
Reserve a property at this development and we’ll buy your exiting home for up to 100% of the market value* when you legally complete by 28th October 2022.
This offer is for a limited time only, please call us today on 0800 201 4811.
Useful Links
- COVID-19 response: our communities are consistently safer - find out why
- Retirement Living or Retirement Living PLUS? Which development type is right for you?
- Homeowner testimonials: what’s it really like to move into our developments?
- Creating communities: read more about our unrivalled properties, services and lifestyle
- Shopping made simple: discover our exclusive telephone-based supermarket delivery service
Please note that images are for illustrative purposes only. Images may include upgrades and optional extras which may be available for you to purchase at an additional cost. Please click here for further explanations. Floor plans and pricing are accurate at time of publication. Floor plans are for guidance purposes only and are subject to change. Prices may fluctuate depending on market conditions and availability.