We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workStudio · TA1 2NF
For saleReduced £16k (−16.8%) on 20 JunListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Studio Flat Situated in a popular development with convenient access to the M5 motorway, this well-presented property is offered for sale with current tenant in situ paying £550pcm rent plus utilities.
The layout includes a separate kitchen and main living space, plus a small hallway adjacent to the showerroom. The apartment benefits from communal gardens and an allocated parking space.
Living Area The front door opens into the main living accommodation, featuring a bright lounge/bedroom area with a window overlooking the front garden.
There is an electric wall-mounted heater and a smoke alarm. Shower room The Shower room comprises white/green tiled walls with an electric shower cubicle (glass door), low-level WC, and a sink unit.
Electric wall heater mounted.
Kitchen The kitchen is separate from the main living space and includes a range of wall and base units, a single drainer sink, electric cooker with extractor fan, and space for a washing machine and a fridge-freezer.
Additional Features One allocated parking space Communal entrance hallway with storage cupboard Bin store for waste Mains electric (pre paid metered), water (metered), and sewage Broadband and mobile coverage available in the area Tenure The property is leasehold with a remaining term of 78 year.
There are no maintenance charges, but an annual ground rent of £92 applies. This includes access and maintenance of the communal garden.
Building insurance is currently £230pa and a nominal fee of £15 a year is taken for electricity for the communal area. Book a Viewing You can arrange a viewing through the brochure below.
Property Ownership Information Tenure Leasehold Council Tax Band A Annual Ground Rent £92.00 Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 01/01/2104 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 142, Allington Close, Taunton
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