2-bedroom flat · TA19 0ED
For saleReduced £14k (−6.7%) on 30 SepListed 232 days
Opportunity summary
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About
A smart, well-presented and generously proportioned 2 bedroom apartment, set in the exclusive retirement development of Ashcombe Court, with garage, use of the communal grounds and centrally located within the incredibly popular medieval town of Ilminster.
A bright and generously sized two-bedroom first floor apartment set within the ever popular Ashcombe Court, right in the centre of Ilminster.
The layout includes an entrance hall, second bedroom, dining room, sitting room, kitchen and shower room.
Number 21 is presented in excellent condition throughout and offers a clean, neutral backdrop ready for a new owner to make it their own.
The spacious sitting room, complete with an attractive feature fireplace, provides alovely place to relax and opens onto a small balcony-perfect for enjoying the sunshine during the warmer months.
From here you can also take in pleasant views across the communal gardens. The modern kitchen is well arranged, and the shower room has been thoughtfully designed for convenience.
The master bedroom is impressively proportioned with builtin wardrobes, while the second bedroom-also a comfortable double-lends itself equally well as a dining room or a study, depending on lifestyle requirements.
Overall, this is a beautifully kept apartment, ideal for anyone seeking a central location with immediate access to Ilminster’s amenities and charming town centre. Early viewing is highly recommended.
Lease Information: The property is sold with the remainder of the lease, which was 150 years from March 1990.
As the property is part of a retirement complex, at least one resident must be aged 55 or over or deemed to be in need of sheltered housing.
The development is managed by Cognatum Estates / owned by The English Courtyard Assoc. Pets will require written consent from the freeholder / Cognatum Properties and are subject to conditions.
Ilminster is a Medieval market town, the centre of which is dominated by the ancient Minster.
The town developed further during the Georgian period with many of the properties being constructed in the local mellow Hamstone.
The surrounding land is lightly wooded and is designated a Special Landscape area.
Ilminster offers a full range of shopping and other amenities, together with schooling at primary level with churches of various denominations.
Ilminster has convenient road access to both the M5, junction 25 lies 11 miles to the north-west and to the A303, now dual carriageway most of the way to the M3.
There are mainline railway stations at Crewkerne 7 miles (London Waterloo) and the county town of Taunton 13 miles (London Paddington).
Bath, Bristol and Exeter offer excellent cultural and shopping facilities within easy travelling distance. The World Heritage designated coastline lies 18 miles to the South.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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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FAQ
About 21, Ashcombe Court, Somerset
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