Studio · TA1 4BB
For saleListed 1612 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary open plan studio apartment on the first floor of this popular modern town centre development with double glazing, lift access and sliding door to communal terrace.
Ideal for investors with tenant in situ. Current rent £670 pcm including utilities. No onward chain.
The accommodation comprises open plan studio with door to communal terrace, fitted kitchen area and separate shower room. - Lease term 125 years from 2010. - Current ground rent £100.00 pa.
- The service charge is understood to be approximately £1930 per annum, as advised by the seller. This figure may vary and is subject to annual review and/or adjustment.
Full details will be confirmed via the management company and the seller’s solicitors during the conveyancing process.
- (includes a percent in advance, to cover the utilities up front payment) - Reviewed annually. - Mobile availability – good service likely - visit for specific details - Council tax band A.
For clarification, we wish to inform prospective purchasers that: These particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, nor constitute part of, an offer or contract; all descriptions, dimensions, references to condition and necessary permission for use and occupation and other details, are given without responsibility and any intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
No person in the employment of Robert Cooney has any authority to make or give any representation or warranty whatever in relation to this property; we have not carried out a detailed survey nor tested the services, appliances and specific fittings.
Open Plan Studio / Kitchen Area (19.17 ft x 15.92 ft (19'2" x 15'11")) Shower Room (1.80 m x 2.00 m (5'11" x 6'7")) Communal Terrace
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
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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 20 Castlemoat Place, Taunton
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