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See how verdicts work1-bedroom flat · TA24 5PL
For saleReduced £5k (−6.3%) on 29 AugListed 525 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reference Number: RS0802 This well-maintained one-bedroom retirement apartment is located on the second floor of Carlton Court – a purpose-built development for the over 60s, situated right in the heart of Minehead town centre.
Built in 2004 and offering peace of mind, security, and a sense of community, the apartment is ideal for those seeking a safe and convenient lifestyle within easy reach of all local amenities.
The apartment is bright and spacious, with a Juliet balcony in the open-plan living/dining room that brings in plenty of natural light and fresh air.
The fitted kitchen is neat and practical, and the bathroom is thoughtfully designed with a safe walk-in shower. The double bedroom is a very good size and benefits from built-in mirrored wardrobes.
Carlton Court provides a lovely, feel-good home in a friendly and welcoming environment.
There is resident management staff on hand, as well as a 24-hour Careline alarm service for added peace of mind.
Residents can enjoy a wide range of organised social activities, including coffee mornings, bingo, hymn singing, barbecues, scrabble and games sessions, and occasional outings.
There's the flexibility to join in as much or as little as you wish, with a regular Friday coffee morning at 10.30am where new faces are always welcome.
Facilities include lift access to all floors, a mobility scooter shelter, residents’ parking, and guest suites available for visiting family and friends (£30 per night for single occupancy, £35 for double).
Blenheim Gardens is just across the road, with shops, cafes, and transport links right on the doorstep.
New residents are accepted from 60 years of age, and both cats and dogs are generally welcome (subject to terms of the lease). Leasehold. Service charge for 01.09.2024 – 31.08.2025: £3,249.52.
Ground rent: £375 per annum. Carlton Court provides a lovely, feel-good home in a friendly and welcoming environment.
Residents can enjoy a varied programme of organised events throughout the week, with the flexibility to take part as much or as little as they wish
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Carlton Court,24, Blenheim Road, Minehead
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