1-bedroom flat · TA21 8LU
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern, first floor, one bedroom apartment situated in a highly convenient location.
Entrance hall, open plan living room to include fitted kitchen, dining area, double bedroom with en-suite shower room. This would ideally suit a singe professional person. Available end July.
Tenant fees apply. EPC D.
Entrance Hallway - Communal front door with stairs leading to first floor: Personal Front Door - 1.34 x 1.71 (4'4" x 5'7") - Entrance hall with doors leading off to: Kitchen/Living Room - 3.19 x 7.30 kitchen area 4.17 x 1.96 (10'5" x 23' - Spacious room with fitted kitchen offering range of wall and base units, there is a washing machine, electric hob and oven.
Space to put a fridge/freezer TV points.
Bedroom - 3.07 x 3.94 (10'0" x 12'11") - Double bedroom with storage cupboard and door leading to : En-Suite Shower Room - 2.24 x 1.34 (7'4" x 4'4") - Shower cubicle, WC, wash hand basin.
Services - Mains electric, water and drainage. Council tax band A.
Good outdoor and in-home mobile coverage - EE, O2, Three and Vodafone (Ofcom.) Ofcom Predicted Broadband Download: Standard 18 Mbps (Ultrafast Available) Ofcom Predicted Broadband Upload: Standard 1 Mbps (Ultrafast Available) Situation - Wellington is situated just off Junction 26 of the M5 Motorway and is an attractive Somerset town located between the River Tone and the Blackdown Hills currently with a population of some 14,000 which is anticipated to grow significantly in the years to come.
There is a good range of shops, schools, businesses and sports centre. The town also acts as a dormitory town for Taunton and Exeter.
Cornhill is situated in a lane with a mixture of local shops and residential property.
Directions - Entering Wellington from Taunton (A38), pass the Stags office on you right hand side and continue up the road for about 500 yards.
The flat will be found on the left hand side of a path to the left of Wetherspoons.
Letting (Where The Landlord Would Prefer No Pets) - The property is available to let on an assured periodic tenancy, unfurnished and is available immediately. RENT: £750 pcm exclusive of all charges.
DEPOSIT: £865 returnable at end of tenancy subject to any deductions (all deposits for a property let through Stags are held on their Client Account and administered in accordance with the Tenancy Deposit Scheme and Dispute Service).
References required viewings strictly through the agents. The Landlord would prefer no pets residing at this property.
Holding Fee & Tenant Fees - This is to reserve a property and set off against the first month’s rent and deposit.
The Holding Deposit (equivalent of one weeks rent) will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request.
Tenant Protection - Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme.
In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme. Renters Rights Act - The first phase of the Renters Rights Act was implemented on the 1st May 2026.
The legislation introduced many reforms affecting how tenancies are conducted.
This includes the introduction of the month to month Assured Periodic Tenancy ending the fixed term agreement and the abolition of section 21 notices now utilising the amended Section 8 notice provisions plus other reforms.
For further information and guidance please contact our offices or visit our Renters Rights Hub at Stags.co.uk.
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
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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.
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