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See how verdicts work2-bedroom property · BA4 5FA
For saleListed 353 days
Opportunity summary
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About
DESCRIPTION Holmcroft Court is a modern retirement complex built by McCarthy & Stone in 2012 which offers secure living for the over 60’s.
The Resident’s Laundry room as well as a light and airy craft / hobbies room is on the first floor make an ideal meeting place.
This modern two bedroom second floor apartment is accessed by entering through the main entrance door which is controlled by security entry phone into the entrance foyer which opens to the spacious Resident’s Lounge / Day room and the House Manager’s office.
Walk through into the hallway and turn left to the lift. Further along the corridor are stairs to the first and second floor.
On the first floor turn right where the door to the apartment is along the corridor on the right hand side.
You enter the apartment into the entrance hall which has a security entrance phone, a large walk-in airing cupboard with hot water tank, a further storage cupboard and doors to principal rooms.
The light and airy sitting / dining is south facing and enjoys a view over the communal gardens. There is a fitted fireplace with surround, mantel, hearth and an inset electric fire.
A part glazed door leads into a well fitted kitchen and a double glazed door leads out onto the south facing balcony.
The kitchen comprises a matching range of base, drawer and wall units incorporating a single drainer sink unit and work surfaces with ceramic hob, canopy, single oven and integrated fridge / freezer.
The bathroom is fully tiled with low level wc, wash hand basin set on vanity unit, panel enclosed bath and walk in shower cubicle.
There are two light and airy double bedrooms with views over the communal gardens. The master bedroom has built in mirror fronted wardrobes There is also a bookable visitor’s suite.
OUTSIDE Located on the second floor this light and airy apartment is south facing and has its own balcony overlooking the communal gardens.
There is space for bistro sized table, chairs and plant pots. There are south facing landscaped communal gardens with seating areas for the enjoyment of the Residents and their guests.
Resident’s parking is available with permits and payment arranged and separately to McCarthy & Stone. Visitors parking is available free of charge.
ADDITIONAL INFORMATION Electric underfloor heating throughout. Mains water; electricity and drainage are connected. Council Tax C.
The complex has in total 42 one and two bedroom apartments with light and spacious communal areas.
The facilities include a Residents lounge with easy chairs and dining tables, laundry room with all facilities, hobby room with books & DVD's and a Guest Suite (available for visitors at a nominal charge).
There is also a lift to all floors and a House Manager is on site during the week.
Ground rent - £495.00 pa review due in January 2027; Lease – 125 years from January 2012; Services charges - £2,765.61 pa (up to financial year ending 31/3/2026).
LOCATION The historic market town of Shepton Mallet offers a range of local amenities and shopping facilities and is within commuting distance of Bristol, Bath, Wells, Frome and Castle Cary with its mainline station to Paddington London.
DESCRIPTION Built in 2012 by McCarthy & Stone, Holmcroft Court is an attractive development with contemporary and thoughtful design.
The complex, which comprises 42 one and two bedroom apartments, is very well kept throughout with light and spacious communal areas.
Residents' facilities include a large lounge with dining tables and kitchen open at all times, a laundry room with all facilities, a hobby room with books & DVD's and a Guest Suite (available for visitors at a nominal charge).
There is also a lift to all floors and a House Manager is on site at set times during the week.
Number 42, located on the second floor (top), is a nicely proportioned two bedroom apartment facing the front of the building and overlooking the gardens.
The property offers well laid out living accommodation which includes: two double bedrooms (one with a fitted double wardrobe), an internal bathroom with a separate shower, a spacious hallway with two large storage cupboards, a modern kitchen with an in...
OUTSIDE . Holmcroft Court residents have full use of the very well-tended communal, south facing gardens which enjoy plenty of sunshine throughout the day.
Permits for on-site parking can be obtained (subject to availability) for an annual fee, organised directly with the House Manager.
The bus stops for the buses to Bath and Wells are located just outside the front of the building. SERVICE CHARGE .
We understand the property is subject to an annual service charge of £3395.94 (which can be paid monthly) and an annual ground rent of £495 paid half-yearly. LOCATION .
The historic market town of Shepton Mallet is located in the Mendip district of Somerset, five miles east of Wells, England's smallest city.
Both the City of Bristol and the picturesque City of Bath, a World Heritage Site, are located just 18 miles away and easily accessible.
Shepton Mallet itself offers a range of local amenities and shopping facilities including a large supermarket, leisure centre, lido with fitness centre, a choice of pubs, coffee shops and restaurants, dentists and doctors and a beautiful Grade I listed church.
Collett Park is just across the road from Holmcroft Court, with its landscaped grounds, pond, bowls club and café.
For those wishing to travel by train, Castle Cary station (which has direct services to London Paddington) is situated only six miles away. DIRECTIONS .
From our office on High Street, proceed along Paul Street away from town. Continue into Charlton Road, passing Whitstone School on the left hand side.
Holmcroft Court can be found immediately after, before reaching the Leisure Centre.
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.
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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.
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Area
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FAQ
About Charlton Road, Shepton Mallet, BA4
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