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See how verdicts work2-bedroom flat · TA20 1GA
For saleListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor two bedroom apartment within easy reach of the town centre and its amenities for occupants of age 55 and over. EPC: Band B.
This warden-assisted McCarthy & Stone apartment offers secure and independent living for residents aged 55 and over, combining privacy with the reassurance of an on-site day manager and emergency call points throughout the building.
Residents enjoy access to excellent communal facilities, including a spacious residents’ lounge, laundry room, beautifully maintained gardens, and a guest apartment available for visitors.
This delightful apartment enjoys abundant natural light and a pleasant outlook over the communal gardens, creating a bright and welcoming atmosphere throughout.
The accommodation comprises a well equipped kitchen, a generous living room, two spacious bedrooms, and a modern bathroom.
This property benefits from no ground rent, with a service charge of £4,431.58 (paid half-yearly).
The property is offered on a leasehold basis The term of the lease is 125 years from 2004, with 103 years remaining.
A superb opportunity to acquire a comfortable, well-managed home offering peace of mind and a welcoming community environment.
The property is conveniently set about 1⁄2 mile from the centre of Chard and within a short walk of Tesco's.
The town is well served with a choice of major supermarkets, smaller retailers, educational and leisure facilities.
The County Town of Taunton is 14 miles to the North and the South Coast a similar distance away at Lyme Regis.
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 16 Victoria Court,, Victoria Avenue, Somerset
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