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See how verdicts work1-bedroom flat · TA21 9HB
For saleListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient position, just a short walk from Wellington town centre and its amenities is this well-proportioned 1 bedroom second floor retirement apartment.
This popular development is restricted to those over the age of 60 and benefits from delightful communal gardens as well as a communal lounge with kitchen, laundry room, guest suite for visitors (by prior arrangement) and a House Manager.
The property provides any incoming purchaser with a great deal of independence with the comfort and security of a 24 hour care line, as well as a lift which provides access to all floors.
In brief, the accommodation currently comprises, entrance hallway with storage cupboards, spacious living/dining room with far reaching views towards the Blackdown Hills, kitchen, a spacious double bedroom with built in wardrobes and shower room.
To the front of the development there are resident and visitor parking spaces.
The communal gardens are well maintained year round with benches sited to enable you to sit and relax with friends and family.
LEASE: The property is sold with an assignable 99 year lease from 30 October 2009 (expiring 30 October 2108).
Occupants must be 60 years of age or over and have obtained the Estate Manager's approval for residency.
SERVICE CHARGE: 2025/2026 £272.70 per month which includes the emergency alert system, estate management services, management fee, window cleaning, maintenance and insurance of the buildings and gardens AGENTS NOTE: Upon re-sale of the property the vendor is liable to pay back into the sinking fund a contribution calculated at 1.5% of the price the property was purchased for multiplied by each year/month of ownership.
COUNCIL TAX: Somerset West & Taunton - Band B EPC: E From our office in South Street turn into High Street and proceed along in the Taunton direction.
After passing the Baptist Church turn right into Priory and then immediately left into Priory Gardens where Priory Court can be found after a short distance on your left hand side.
Entrance Hall Kitchen 2.2m x 1.9m Living Room 5.1m x 4.78m Bedroom 3.28m x 4.8m Bathroom 2.26m x 1.75m Tenure Leasehold Services All mains services connected Council Tax Somerset West & Taunton - Band B EPC E Viewing Strictly via the selling agent
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 Priory Court, Priory Gardens, Wellington, Somerset, TA21
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