1-bedroom flat · TA20 1GA
To rentListed 1 day
Opportunity summary
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About
One Bedroom Retirement Apartmen - Offered to the market with no onward chain, this well presented and move-in ready one bedroom retirement apartment is situated within a purpose-built retirement complex in the heart of Chard town centre, providing easy access to a wide range of local amenities, shops and services.
Located on the second floor and enjoying views over the high street, the apartment offers comfortable and secure independent living within a welcoming community environment.
The accommodation briefly comprises an entrance hall, a modern shower room fitted with a walk-in shower, WC and wash hand basin, a spacious double bedroom with built-in wardrobe, and an open plan lounge/dining room with adjoining kitchen.
The property further benefits from emergency pull cord assistance systems for added peace of mind.
Residents of the development enjoy access to a range of excellent communal facilities including an on-site manager, communal lounge, laundry room, refuse room, attractive communal gardens and lifts servicing all floors.
Guest suites are also available for visiting family and friends.
A vibrant social calendar is available for residents, with regular activities including supper evenings, social groups, yoga classes, art sessions, games and much more, helping to create a friendly and sociable community atmosphere.
The management fee is £3,349.94 per annum, payable in two six-monthly instalments, with an additional ground rent charge of £400 per annum, also payable in two six-monthly instalments.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Victoria Avenue, Chard
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