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See how verdicts work2-bedroom flat · TA1 5HR
For saleReduced £10k (−10%) on 24 OctListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying lovely views towards the Quantock Hills, this beautifully maintained first-floor retirement apartment is set within a small, sought-after development.
Light and spacious, it offers two double bedrooms, a welcoming living room and fitted kitchen, with excellent security features, communal gardens, parking and an on-site manager.
Offered with no chain. Description This superb apartment has been thoughtfully improved during the current ownership, it forms part of a small, sought-after development.
The property enjoys attractive views towards the picturesque Quantock Hills and benefits from a secure entry system, infrastructure for Satellite TV and includes stair-lift access to the first floor.
The property offers an entrance hall with generous storage, a spacious living room, fitted kitchen, two double bedrooms, a shower room with a double-width shower cubicle.
Emergency alarm pull cords are installed throughout. The development features delightful communal gardens, residents’ parking, and on-site house manager.
Enjoying a quiet setting in the centre of the village, the property is conveniently close to local amenities such as general stores, a butcher, the village hall, bus stop and church.
Regular bus services run to the town centre as well as the extremely well connected train station, where a broad range of shops and facilities can be found.
Material Information What3Words:///rich.parade.sofa Leasehold 85 years Service Charge £4056.74 per annum buildings insurance, general maintenance and upkeep of building, cleaning of communal areas, tending to communal gardens etc.
Ground Rent: Council Tax Band: C (Somerset Council) Mains: Electricity/Water & Drainage Heating: Electric Heating Parking: Some residence spaces available
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.
Area
Agent & docs
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FAQ
About 20, Parsonage Court, Taunton
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