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See how verdicts work1-bedroom flat · BA9 9JH
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Homecanton house is a well-regarded, purpose built development of retirement apartments, ideally located in the heart of Wincanton.
Just a short walk from a range of local amenities including shops, supermarket, and an optician, this convenient location makes daily living both easy and enjoyable.
Situated on the second floor and accessible via both lift and stairs, this particular apartment stands out enjoying two double glazed windows in the living room providing an abundance of natural light and distant hilltop views.
Presented in excellent order throughout, the property is ready for immediate occupation, having been recently decorated, and new floor coverings laid throughout the apartment.
The kitchen is conveniently positioned off the living room and fitted with a range of wall and base units topped with a work surface.
The double bedroom benefits from a built-in double wardrobe providing useful storage, and the double glazed window enjoys distant hilltop views.
Completing the accommodation is the bathroom fitted with a sculpted bath with moulded seat.
Residents of Homecanton House enjoy a range of thoughtfully designed communal facilities, including a sociable residents’ lounge, attractive maintained gardens, and a fully equipped laundry room.
Additional peace of mind is provided by an on-site House Manager during office hours, complemented by a 24-hour Emergency Careline Response system.
Accommodation The main entrance has a security entry phone system for visitors and a remote key fob for the owner that opens the double doors into the reception hallway.
The managers office is to the left, and further along the hallway double doors open to the communal lounge. There are stairs or lift to the first and second floor.
Entrance hall: Coved ceiling, large storage/airing cupboard housing pre-lagged hot water tank with immersion heater and electric meter.
Lounge/diner: 15’5” x 10’7” A bright and airy room with duel aspect double glazed windows, slimline storage heater, coved ceiling, telephone point, two wall light points, emergency pull cord, television aerial point and archway to: Kitchen: 7’4” x 5’5” A fitted kitchen comprising single drainer stainless steel sink unit with cupboard below, further range of matching wall and base units with work surface over, extractor, space for electric cooker and fridge, tiled walls and coved ceiling.
Bedroom: 12’1” x 8’8” Slimline storage heater, double glazed window, double wardrobe with hanging rail and shelf, emergency pull cord, coved ceiling and wall light point.
Bathroom: Bath with seat and grab handle, vanity wash hand basin unit, low level WC, fully tiled walls, fan heater, and coved ceiling. Outside Attractive communal garden with seating areas.
Directions: Homecanton House will be found at the rear of the Co-op Supermarket and main public car park.
Agents note: It is a condition of purchase that buyers must be over the age of 60 years, or in the event of a couple one must be over the age of 60 years and the other over 55 years.
Ground Rent: £446.10 per annum (paid half yearly). Service Charge: £2752.42 per annum (paid half yearly).
Service charge includes water rates, building insurance and upkeep of communal areas and gardens. Services: Water, electricity, drainage all subject to the usual utility regulations.
Tenure: Leasehold. 125 years commencing 1988. Council tax band: A viewing: Strictly by appointment through the agents.
Important notice For clarification we wish to inform any prospective purchasers that we have prepared these sales particulars as a general guide and they must not be relied upon as statements of fact.
We have not carried out a detailed survey, or tested the services, heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.
If there are points which are of particular importance to you please contact the office prior to viewing the property.
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
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FAQ
About Flat 31, Homecanton House, Somerset
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