1-bedroom flat · TA24 5PW
Under offerListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented, one-bedroom ground floor apartment located in a purpose-built development within easy reach of town centre amenities and offered for sale with NO ONWARD CHAIN.
Of cavity wall construction, this attractive property benefits from infra red heating and double glazing throughout, a modern kitchen and bathroom and an en-suite wc to the bedroom.
There is also an allocated parking space. The accommodation comprises in brief: security entry system to gain access to the communal hall with steps down to the apartment.
Entrance through front door into hallway with phone entry system, airing cupboard and doors to all rooms.
The lounge diner is a good-sized room with attractive bay window and further window to the front affording pleasant views over the town towards Exmoor.
The kitchen has been fitted with a modern range of wall and base units, sink and drainer incorporated into work surface with matching upstands and coloured splash backs behind the sink and hob.
There are also integrated appliances to include the hob with extractor hood over and double oven together with space and plumbing for a washing machine and dishwasher and spaces for a tumble dryer and tall fridge freezer.
The bedroom has an aspect to the front with pleasant views, built-in wardrobe and sliding door to an en-suite wc with wash hand basin.
The bathroom is fitted with a modern suite comprising bath with shower over, wash hand basin set into a vanity unit and low level wc.
Outside there is an allocated parking space close to the communal entrance door. AGENT’S NOTE: The property is leasehold and held under the terms of a 155 year lease granted in 2008.
There is a ground rent payable under the terms of the lease currently £210.10 per annum together with a service charge currently approximately £1,200.00 per annum.
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 advisers 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 Martlet Road, Minehead
Explore nearby