2-bedroom flat · TA1 4PE
Sold STCListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned, light and airy ground floor retirement apartment located in a popular and idyllic cul-de-sac near the Galmington part of Taunton. The property is offered with no onward chain.
Energy rating: D-62 Entrance Porch Sitting Room 13' 6'' x 12' 6'' (4.11m x 3.81m) Kitchen 8' 2'' x 7' 5'' (2.49m x 2.26m) Bedroom 1 13' 3'' x 9' 0'' (4.04m x 2.74m) Bedroom 2 11' 2'' x 8' 7'' (3.40m x 2.61m) Shower Room 6' 7'' x 5' 7'' (2.01m x 1.70m) Outside Communal gardens and drying area.
Tenure The property is leasehold with a 99 year lease dated 1st January 1985 (59 years remaining). The services charges are approximately £1,537.80 per annum.
Agents Note Please note that this property comes under section 21 of The Estate Agents Act in that it is being sold by someone related to a member of our staff.
If you wish to extend the lease, this would need to be arranged through the council, who act as the managing agent.
The cost of a lease extension is expected to be in the region of £15,000 to £20,000, although this is only an estimate.
This anticipated cost has already been taken into account when valuing the property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Langham Gardens, Taunton
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