1-bedroom flat · TA8 2BT
For saleReduced £9.9k (−12.4%) on 20 AugListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented first floor retirement home with 1 Bedroom, Communal Garden and Visitor Parking no onward chain.
This well presented apartment comprises entrance hall, living/dining room, kitchen, shower room and bedroom.
The living/dining room is a bright and spacious room that has been afforded the benefit of a feature electric fire and Juliet balcony overlooking the beautifully manicured communal gardens.
The kitchen has been fitted to include a suitable number of wall and base units, electric hob and oven, stainless steel sink with drainer.
There is additional space for freestanding appliances, and complimentary tiled splash backs.
Bedroom one is a plentiful double room in size with integrated wardrobe space and enjoys views of the communal gardens.
The shower room comprises double cubicle with step up into, WC and pedestal sink. The entrance hall houses a large airing cupboard, creating additioanl internal storage.
Allandale Court has a number of beneficial amenities, allowing residents a sociable and secure set up, whilst remaining as independant as they wish.
A house manager is in site during the week at designated times, whilst this apartment also has the benefit of a pull cord emergency alarm system should it be required.
The focal point of the development is the communal lounge, a social hub for the majority of the residents.
Allandale Court also benefits from a communal laundry, guest suite for residents families, and a lift service.
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.
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 23 Allandale Court,, Rectory Road, Somerset
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