1-bedroom house · BA16 0FE
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented top floor one bedroom retirement apartment within the popular Tor View Court development for the over 55s.
Ideally located for Street High Street and local amenities, the property offers light and spacious accommodation, communal gardens, residents’ parking and on-site facilities.
An excellent low maintenance home in a well managed setting. DESCRIPTION: The apartment occupies a second-floor position and can be accessed via either side of the building.
The main entrance opens into a spacious communal lounge with adjoining kitchen facilities, while the alternative entrance provides direct access to the stairs and lift.
The lift is conveniently positioned directly opposite the apartment's front door, with the stairs also providing access to the second floor.
The apartment opens into a generous entrance hall with access to all principal rooms. The bedroom is a spacious double, featuring a useful built-in wardrobe.
The stylish bathroom is fitted with a large walk-in shower, low-level WC and wash hand basin with useful built-in storage.
The impressive living/dining room provides ample space for both relaxing and entertaining, with large windows allowing plenty of natural light to fill the room.
An attractive electric feature fireplace creates a welcoming focal point. The adjoining kitchen is well appointe...
COMMUNAL FACILITIES: Communal facilities include comprehensive laundry facilities, residents' lounge and attractive lawned gardens located at the rear of the property, including two seating areas, away from Somerton Road.
Resident's parking is available on a first come first served basis and there is a separate guest suite available for resident's guests.
SERVICES: Mains electric, water and drainage are connected and electric heating is in place. The property is currently banded C for council tax, within Somerset Council.
Ofcom's service checker states that Good outdoor mobile coverage is likely with four major providers, whilst Ultrafast broadband is available in the area.
AGENTS NOTE: Our vendor informs us that: * The 125 year lease began in July 2008.
* The current annual service charge is £2775.56 * The current annual ground rent is £425.00 * The service charge & ground rent are paid every six months.
LOCATION: Shoppers can enjoy the busy High Street and Clarks Village Factory Outlet which are both a short walk away. There is a choice of five supermarkets within a short drive.
Street is well served by doctors and dentists, has indoor and outdoor swimming pools, sports and fitness clubs and a popular theatre/cinema.
The town has a variety of pubs and restaurants as well as picturesque walks and surrounding countryside. VIEWING ARRANGEMENTS: Strictly through prior arrangement with Cooper and Tanner on .
If arriving early, please wait outside to be greeted by a member of our team.
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 Somerton Road, Street, BA16
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