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See how verdicts work1-bedroom flat · TA24 5PL
Sold STCReduced £9k (−10.1%) on 20 JunListed 625 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the edge of the Minehead town centre, within 1/2 mile to Minehead sea front and 100 yards from Blenheim Gardens a well presented one double bedroom second floor retirement apartment.
Carlton Court is a popular purpose built retirement development providing safe secure and easy living in retirement and offering an in house manager, residents lounge, laundry room, lift and residents parking.
The apartment is well presented and enjoys views towards North Hill from the Juliet balcony. Sold with no onward chain.
Situation The seaside town of Minehead is commonly known as the gateway to the Exmoor National Park where there are many interesting walks and other country pursuits to be enjoyed.
The town boasts a wide range of shopping, leisure and recreational facilities along with First, Middle and Upper Schools.
The County town of Taunton is approximately 25 miles distance with its wider range of shops and access to the motorway network and mainline railway station.
Many of the renowned attractions of West Somerset and the Exmoor National Park are also within short motoring distance along with the rugged North Devon coast line.
Communal Entrance Communal Lounge Lift or stair access Entrance To Apartment Airing Cupboard Large walk in cupboard with additional storage Lounge (17' 7" x 10' 4") With Juliet balcony enjoying views to North Hill Glazed Doors To Kitchen (6' 11" x 7' 4") Window with an aspect to the side, fitted with a range of wall and base units with work tops over, single staiinless steel sink inset eye level integrated oven, hob and extractor fan.
Shower Room Fully tiled and fitted with three piece suite, walk in shower, wash hand basin set in vanity unit, low level W.C.
Bedroom (14' 3" x 9' 0") Fitted with a range of mirrored door wardrobes, window with an aspect to the side Communal Gardens Tenure Leasehold - residue of 125 year lease from 2004.
We understand the current service charge is £2,952.56 from 2021 - 2022 with a ground rent £385.00 per nnum. Council Tax Band C Services Mains electricity, water and drainage
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 25 Carlton Court,, Blenheim Road, Minehead
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