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See how verdicts work1-bedroom flat · TA1 4DF
Sold STCListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Spacious first floor apartment *Allocated parking *Long lease * A spacious one bedroomed first-floor apartment, ideally situated within easy walking distance of the town centre and Musgrove Park Hospital.
This well-proportioned apartment offers spacious accommodation comprising a comfortable sitting room, a large kitchen/dining room, a double bedroom with built-in wardrobes, and a four-piece bathroom suite.
The property benefits from double glazing throughout and is heated via night storage heaters. Externally, there is an allocated parking space for one vehicle.
Conveniently located close to a wide range of shops, restaurants, leisure facilities and other amenities, the property is also within easy walking distance of Musgrove Park Hospital.
Entrance Hall Sitting Room 17' 5'' x 15' 1'' (5.3m x 4.6m) Kitchen/Diner 15' 1'' x 11' 6'' (4.6m x 3.5m) Bedroom 15' 9'' x 13' 9'' (4.8m x 4.2m) Bathroom 12' 6'' x 7' 7'' (3.8m x 2.3m) With bath, shower cubicle, airing cupboard, toilet and basin.
Storage Cupboard on Landing 10' 6'' x 3' 3'' (3.2m x 1m) Outside There is allocated parking for one car, a shared garden/drying space and access to a shared basement.
Tenure & Outgoings The property is held on a 125 year lease from 1 May 2001, with approximately 100 years remaining. The property also benefits from a share of the freehold.
The current service charge is £700 per annum.
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 Park Street, Taunton
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