2-bedroom flat · TA24 5PW
Sold STCListed 511 days
Opportunity summary
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About
A well presented 2 bedroom ground floor apartment with garage and private parking. No omnward chain.
Description This two bedroom ground floor apartment is situated in Clanville Grange, Martlet Road Minehead. This lovely quiet location offers close proximity to the town and its amenities.
The accommodation briefly comprises: Enter through communal hallway and turn right in to Flat 3- entrance hallway solid oak flooring, radiator, two integrated cupboards, one of which holds the water cylinder.
Bedroom One- windows to the front elevation, integrated double wardrobe with sliding doors, radiator, solid oak flooring, ensuite with shower cubicle, pedestal toilet, handwash basin with vanity unit below, heated towel rail, ceramic wall and floor tiles.
Bedroom Two– has an opaque window to the rear elevation, radiator, integrated desk unit and solid oak flooring.
Kitchen - has a window to the front elevation, modern fitted kitchen with integrated oven, four ring gas hob top with extractor fan above, inset sink with mixer tap, integrated dishwasher and washer dryer, space for fridge freezer, ceramic wall and floor tiles.
Bathroom– has an opaque window to rear elevation, panel bath with shower over, pedestal toilet, handwash basin with vanity unit below, wall mounted mirror, large heated towel rail, ceramic wall and floor tiles.
Living room/dining area- dual aspect with windows to both front and rear elevations, radiators and solid oak flooring.
Services & outgoings We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
Council Tax: Somerset Council-Band C Lease Information: The property is offered on a leasehold basis The term of the lease from 1st March 2007 with 137 years remaining.
There is an annual service charge of £ 1,627.64 per 12 months (payable Half Yearly) and a ground rent of £232.62 Per 12 months Paid Half Yearly. These charges include buildings insurance.
Additional information Broadband: Superfast broadband is available-highest available download speed 80 Mbps, highest available upload speed 20 Mbps. (Openreach).
Mobile Coverage: Available via EE, O2, three and vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
Situation The seaside town of Minehead is commonly known as the gateway to the Exmoor National Park where there are many interesting walks and other country pursuits to be enjoyed.
The town boasts a wide range of shopping, leisure and recreational facilities along with First, Middle and Upper Schools.
The County town of Taunton is approximately 25 miles distance with its wider range of shops and access to the motorway network and mainline railway station.
Many of the renowned attractions of West Somerset and the Exmoor National Park are also within short motoring distance along with the rugged North Devon coast line.
Outside There are some communal walkways and some well kept areas of mature shrubs and foliage. The property benefits from a private parking space Infront of its own garage.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 3 Clanville Grange,, Martlet Road, Minehead
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