2-bedroom flat · TA24 5PJ
For saleListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oak Lodge Crescent is an exclusive gated development of fourteen self-contained purpose built apartments built in 2004 enjoying a southerly aspect on the favoured lower slopes of North Hill set in beautiful landscaped gardens and grounds with designated parking, The beautifully presented living accommodation in brief comprises; communal entrance with security intercom, private hall, open plan sitting and dining room with double glazed doors to patio and open plan access to a fitted kitchen with integrated fridge, freezer, dishwasher, washer/dryer, gas hob, double oven and extractor hood.
The principal bedroom again has double glazed doors to outside, built in wardrobe and a part tiled en-suite shower room fitted with a three piece white and chrome suite with tiled floor.
There is a second double bedroom and a part tiled bathroom again fitted with a three piece white and chrome suite with tiled floor.
The property stands in beautiful landscaped communal gardens and grounds with designated parking facilities.
Meandering pathways lead through sweeping lawns with well stocked flower and shrub borders, inset trees and with many areas to sit and enjoy the peace, tranquillity and views.
Agents note With regret pets are not permitted in this building Services Mains water, drainage, electric and gas.
Council Tax Band D Tenure Remainder of 999 year lease with the successful purchase inheriting a one fourteenth share in the freehold interest. Service Charge For year 2024 to 2025 £2900 per annum.
From the Webbers office on Floyds Corner, proceed down through the Parade turning first left into Blenheim Road.
Take the next left into Martlet Road and then Oak Lodge Court will be found shortly after on the right hand side.
Hall Sitting/dining Room 6.88m x 4.55m Fitted Kitchen 3.05m x 2.44m Bedroom 1 4.14m x 3.96m En-Suite Shower Room 2.67m x 1.52m Bedroom 2 3.94m x 3.35m Reducing to 6'9" Bathroom 2.06m x 2.3m Services Mains water, drainage, electricity and gas.
Council Tax Band D Tenure Leasehold. 999 year lease from 2001.
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
Agent & docs

FAQ
About Oak Lodge Crescent, Minehead, Somerset, TA24
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