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 · TA1 1AX
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently situated in this popular over 60's retirement development within a few minutes’ walk of the town centre and convenient for the train station is this immaculately presented 2 double bedroomed first floor apartment with two balconies and use of excellent communal facilities.
No onward chain.
The accommodation comprises: · Entrance Hall · Living Room with door to Balcony · Fitted Kitchen · Master Bedroom with door to Balcony, walk-in-wardrobe and Ensuite Shower Room · Further double Bedroom · Shower Room · Utility Cupboard Lock House is a Retirement Living development providing an independent living opportunity for those over 60 years of age with the day-to-day support provided by the House Manager who overseas the smooth running of the development.
All apartments are equipped with a 24-hour emergency call facility and sophisticated intercom system.
The development enjoys excellent communal facilities including a homeowners lounge, communal rooftop terrace and fantastic gym for homeowners to enjoy.
There is also a guest suite for visiting family and friends for which a small charge applies.
There are a variety of regular social activities to choose from including coffee mornings, film nights and themed events.
Lock House is within a few minutes’ walk of the centre of Taunton, the County Town of Somerset.
The town is a bustling, forward- looking town with excellent amenities, a good selection of independent and high street shops, distinctive restaurants, cafés, a wealth of history and sporting facilities including the County Cricket Ground.
Taunton benefits from a main line railway station linking to London Paddington in less than 2 hours and excellent communications for the M5 motorway at junction 25, situated on the eastern side of the town.
For rural pursuits, the Brendon, Blackdown and Quantock Hills lie within easy reach and further West, Exmoor National Park provides excellent walking, riding and cycling.
- Lease term 999 years from 01/2017 – 989 years remaining - Current Service charge £4,137.46 pa - Service charge review date - June 2027 - Current ground rent £495 pa - Ground rent review date - June 2027 - Cannot sub-let or short term let - Can keep pets and Airbnb - Council tax band E - Mobile availability - visit for specific details - What3words ///slope.bets.future For clarification, we wish to inform prospective purchasers that: These particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, nor constitute part of, an offer or contract; all descriptions, dimensions, references to condition and necessary permission for use and occupation and other details, are given without responsibility and any intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
No person in the employment of Robert Cooney has any authority to make or give any representation or warranty whatever in relation to this property; we have not carried out a detailed survey nor tested the services, appliances and specific fittings.
Entrance Hall Living Room (5.27 m x 3.60 m (17'3" x 11'10")) Balcony Kitchen (2.46 m x 2.19 m (8'1" x 7'2")) Master Bedroom (5.26 m x 2.99 m (17'3" x 9'10")) Balcony Bedroom 2 (5.23 m x 2.74 m (17'2" x 9'0")) Shower Room Utility Cupboard
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
.png)
FAQ
About 14 Lock House, Taunton
Explore nearby