1-bedroom flat · TA1 1FF
For saleListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverain Lodge is a collection of 72 brand new, Retirement apartments for the over 60's set in an enviable location with views of the River Tone and situated directly in the heart of the County town of Taunton.
Riverain Lodge is a collection of 72 one and two bedroom retirement apartments.
The development is located on Tangier Way with a beautiful riverside setting and is within easy walking distance of the town centre shops and amenities.
These brand new retirement homes are the perfect base for exploring the beautiful Somerset villages and seaside resorts.
This new development benefits from a range of communal facilities including an Owners' Lounge with coffee bar, Guest Suite and beautiful landscaped gardens overlooking the River Tone.
Standard Features: Apartments at Riverain Lodge are self-contained with their own front door providing privacy when you want it, but with a communal Owners' Lounge where you can meet up with like-minded neighbours or join in with one of the regular social events.
All apartments are fitted with a 24-hour call centre support system, video door entry system and an intruder alarm as standard providing you and your family with peace of mind.
A Lodge Manager is responsible for the effective and smooth running of the development. There is a free car park and beautifully landscaped gardens which are maintained on your behalf.
Some apartments at Riverain Lodge also feature balconies or patio areas providing the perfect outside living space.
Kitchens are tiled with colour-coordinated worktops and come fully fitted with a waist-height oven, hob and upright fridge/freezer as standard.
Shower rooms feature low-level shower trays and easy turn taps.
Agents Note: Leasehold 999 year lease Service Charge: £2,539.95 Ground Rent: £575.00 Agents Note: All enquiries will be forwarded to the sales and marketing suite of Churchill Retirement Living at Riverain.
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
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FAQ
About Tangier Way, Taunton
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