1-bedroom flat · BA4 5FA
For saleListed 273 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Holmcroft Court is a retirement complex built by McCarthy & Stone in 2012 and offers secure living for the over 60’s.
On entering the building, you walk by the spacious Resident’s Lounge / Day room and the House Manager’s office.
There is also Resident’s Laundry room, a light and airy craft / hobbies room (an ideal meeting place) as well as a bookable guest bedroom.
This light and airy south facing double bedroom apartment is located on the first floor and can be accessed either by using the lift or the staircase to the right of the main entrance.
The apartment is entered into spacious entrance hall where there is a security entry phone system, doors leading to the principal rooms and a large walk in airing / storage cupboard housing the hot water tank.
The south facing sitting / dining is located to the front with an ornamental fireplace comprising surround, mantel, hearth and an electric fire. A door leads out to the balcony.
A further part glazed door leads into a well fitted kitchen comprising base, drawer and wall units incorporating a single drainer sink unit and work surfaces with ceramic hob, canopy, single oven and integrated fridge / freezer.
At the opposite end of the entrance hall is the good sized master double bedroom with mirror fronted wardrobes.
The adjoining wet room is fully tiled with low level wc, wash hand basin set on vanity unit and shower and screen. There is electric under floor heating throughout the apartment.
OUTSIDE The apartments are set in south facing landscaped grounds with seating areas for the enjoyment of the Residents and their guests.
Resident’s parking is available which would need to arranged and payment made separately to McCarthy & Stone. Visitors parking is available free of charge.
ADDITIONAL INFORMATION Electric underfloor heating. Mains water, electricity and drainage are connected.
The complex, has in total 42 one and two bedroom apartments with light and spacious communal areas.
The Residents' facilities include a large lounge with dining tables and kitchen open at all times, laundry room with all facilities, hobby room with books & DVD's and a Guest Suite (available for visitors at a nominal charge).
There is also a lift to all floors and a House Manager is on site during the week.
Ground rent - £425.00 pa with viewing in January 2027; Lease – 125 years from January 2012; Services charges - £2,765.61 pa (up to financial year ending 31/3/2026). Council Tax Band B.
LOCATION The historic market town of Shepton Mallet offers a range of local amenities and shopping facilities and is within commuting distance of Bristol, Bath, Wells, Frome and Castle Cary with its mainline station to Paddington London.
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 advisors 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
Agent & docs
FAQ
About Charlton Road, Shepton Mallet, BA4
Explore nearby