2-bedroom house · TA1 1AX
Let agreedListed 222 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Lock House development enjoys prime location in popular Taunton, a friendly and exciting South West town that's ideally suited to retirement living.
This fine collection of age-exclusive apartments is a must-see for those desiring retirement living in Taunton.
Lock House comprises a range of one and two bedroom properties, all of which are large, stylish and perfect for an independent retirement.
This development even has a communal rooftop terrace and fantastic gym for homeowners to enjoy.
Residents also enjoy access to communal spaces, including a lounge with Wi-Fi and a state-of-the-art audio-visual system, plus landscaped gardens with seating.
A friendly on-site manager oversees the community, and optional social events, clubs, and gatherings add to the welcoming atmosphere.
Enjoy all of the benefits of a McCarthy Stone retirement community with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term).
Renting in retirement provides a wealth of benefits including one monthly fee, removing any worries you may have about the upkeep of your property and the grounds.
You can move in at your pace, knowing there's long-term security with one of our Assured Tenancies and settle in to your new home with minimum fuss.
Apartment 10 is a lovely ground-floor, two-bedroom apartment featuring a walk-in wardrobe, en-suite in the master bedroom and a patio.
The apartment has a a fully fitted kitchen with waist-height oven and integrated appliances, and raised plug sockets for easier access.
The contemporary shower room includes a walk-in shower with low-profile tray, low-slip flooring, and a comfort-height toilet, combining style and practicality.
Council tax band: E Reservation deposit: £500 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security deposit: £2,660 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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
Agent & docs
FAQ
About Keeper Close, Taunton, Somerset, TA1 1AX
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