1-bedroom flat · BA6 9FD
To rentListed 15 days
Opportunity summary
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About
THE PROPERTY Nestled in the heart of Magdalene Street, Somerset, this lovely one-bedroom furnished first-floor retirement apartment offers an exceptional opportunity for those aged 55 and over seeking a blend of independence, comfort, and community.
Designed with modern living in mind, this property provides a peaceful and secure environment, perfectly situated for convenient access to local amenities.
Upon entering via communal areas and lift access, residents are greeted by a thoughtfully laid out living space, comprising a bright reception room, a well-appointed kitchen, a spacious double bedroom, and a bathroom.
The reception room is a particular highlight, offering ample space for relaxation and entertaining, with the added charm of a Juliette balcony.
This feature allows for an abundance of natural light and a pleasant outlook on to the communal gardens, creating an airy and inviting atmosphere within the apartment.
The kitchen is designed for practicality and ease of use, featuring modern fittings and sufficient storage.
The bedroom is generously sized, providing a peaceful retreat, while the bathroom is finished to a high standard, ensuring comfort and accessibility.
Beyond the private living quarters, this retirement development boasts an array of superb communal facilities that truly enhance the resident experience.
The beautifully maintained communal gardens offer a tranquil outdoor space for leisurely strolls, socialising, or simply enjoying the fresh air.
Inside, the communal lounge serves as a vibrant hub, perfect for meeting neighbours, participating in social activities, or relaxing with a book.
For added convenience, a communal laundry room is available, alleviating the need for in-apartment appliances.
Furthermore, the development includes a dedicated guest suite, providing a comfortable and private space for visiting family and friends, ensuring they can stay close by without compromising the resident's personal space.
This thoughtful amenity underscores the development's commitment to supporting a fulfilling and connected lifestyle.
The location on Magdalene Street is highly desirable, placing residents within easy walking distance of a variety of local amenities.
This includes shops, cafes, medical facilities, and public transport links, ensuring that daily errands and leisure activities are effortlessly accessible.
The vibrant community of Somerset offers a rich tapestry of cultural and recreational opportunities, all within easy reach.
This modern retirement apartment represents an ideal choice for those looking to downsize without compromising on quality of life, offering a secure, supportive, and engaging environment.
With its contemporary design, excellent communal facilities, and prime location, it provides a perfect setting for enjoying a relaxed and fulfilling retirement.
Management fees are paid for by the landlord. The tenant is responsible for utilities and Council tax.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Magdalene Street, Glastonbury, Somerset, BA6
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