1-bedroom flat · TA1 3FY
For saleReduced £10k (−10%) on 11 AugListed 666 days
Opportunity summary
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About
Conveniently located this 3rd floor, 1 bedroom retirement apartment is in very good condition, offered for sale with no onward chain.
37 Quantock House is a light and airy, nearly new, one bedroom retirement apartment situated in the popular Platinum Skies development.
Providing an opportunity to purchase a 65% share in the property.
The apartment accommodation comprises an entrance hallway with storage cupboards and doors leading to the light and airy kitchen/dining/living room, benefitting from a balcony with glorious views over Taunton towards the Quantock Hills and round to the Blackdown Hills.
The property benefits from underfloor heating throughout.
The kitchen is fitted with premium modern wall and base units and benefits from Neff fitted white goods to include a dishwasher, fridge/freezer, oven, hob and extractor fan.
The master bedroom is an excellent space. The bedroom comes with fitted wardrobes and a modern fitted en-suite comprising W.C., wash hand basin, large walk-in shower enclosure and a heated towel rail.
Maintenance/Service Charges: The property is subject to a management fee of £3,769.57 to cover maintenance of shared areas on the estate.
Lease Information: The property is offered on a leasehold basis. The term of the lease is 995 years from 10th November 2021 with 993 years remaining.
There is an annual service charge of £3769.57 and a ground rent of £327.79. These charges include buildings insurance.
Quantock House offers a wide range of communal areas to include a bar, bistro, owners lounge, treatment room and communal gardens, all of which have regularly booked events for the owners of the apartments giving a really excellent community feel.
Taunton provides an extensive range of facilities, along with access to the M5 motorway and a mainline rail link.
The apartment benefits from two excellent balconies with glorious views of Taunton and the surrounding area including the Quantock Hills.
The balconies offer excellent private space for outside entertaining and dining.
The development also offers a beautifully manicured and secluded communal garden and underground parking area with it’s own allocated space.
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.
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FAQ
About Apartment 37, Quantock House,, Paul Street, Somerset
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