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 work2-bedroom flat · TA24 6GH
For saleListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb second floor 2 bedroom en-suite seafront apartment with lift enjoying wonderful sea views from the sitting room and far reaching views towards the surrounding hills from the bedrooms and set in communal gardens and grounds with designated parking.
Schooner Place forms part of a popular seafront development situated between the West Somerset Steam Railway line and the sea, built to NHBC standards by Westbury Homes in 2003 the architecture of which is reminiscent of the stylish 1930's period.
The beautifully presented light and airy accommodation is equipped with gas fired central heating, double glazed windows and is being sold inclusive of integrated kitchen appliances, fitted carpets and with no onward chain.
Arranged over the second floor the accommodation in brief comprises; communal entrance with lift or staircase to second floor.
Private entrance door to hall with security intercom cameral entry system and built in cupboard.
The sitting/dining room is a super double aspect room with Juliet balcony and enjoys wonderful sea views and with a useful built in cupboard.
The kitchen is fitted with a modern range of base and wall units with stainless steel one and a half bowl single drainer sink unit with mixer tap set in a range of beaded edged working surfaces with integrated appliances to include gas hob, oven, dishwasher and tall fridge/freezer, extractor canopy, part tiled surrounds, concealed gas boiler and recessed spotlights.
The principal bedroom again has Juliet Balcony, enjoys views towards the surrounding hills and with built in double wardrobe and an en-suite part tiled shower room fitted with a three piece white and chrome suite.
The second bedroom also enjoys views towards the surrounding hills and to complete the accommodation is a part tiled bathroom again fitted with three piece white and chrome suite.
The property is set in well maintained communal gardens and grounds with designated parking space and visitor parking. SERVICES Mains water, electricity, drainage and gas.
TENURE Leasehold - remainder of 999 year lease from January 2002 SERVICE CHARGE At present £2492.00 Per annum COUNCIL TAX Band C From our office proceed down through the town and along the seafront heading towards Butlins.
Take the second exit at the roundabout into Seaward Way and then first right into Trinity Way.
Follow the road around to the right and then to the left where Schooner Place will be found shortly after on the right hand side.
Hall Sitting/Dining Room 5.23m x 4.34m Kitchen 3.05m x 2.4m Bedroom 1 4.17m x 3.8m En-Suite Bedroom 2 3.8m x 2.67m Bathroom
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
FAQ
About Trinity Way, Minehead, Somerset, TA24
Explore nearby
