1-bedroom flat · TA1 1FF
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Join us on Thursday the 6th August from 2:00pm-4:00pm for a picnic on the patio! *Last few apartments remaining! Apartment 2 is located on the ground floor and is a one bedroom view apartment.
Riverain Lodge is a charming development of 72, one and two-bedroom apartments for the over 60s, situated in an ideal position close to the essential amenities.
Many of the apartments feature balconies to take advantage of the beautiful riverside location and views across to Goodland Gardens and Castle Green.
Located in Taunton, on Tangler Way, Riverain Lodge fronts onto the River Tone and is within easy walking distance of the town.
The busy and thriving shopping area has a wide selection of national and local retailers as well as cafes and restaurants, all surrounded by attractive historic buildings.
A number of beautiful locations can be found in and around Taunton, offering relaxing places for a walk or a day out.
Vivary Park offers a wide selection of amenities including 7.5 acres of green open space which features a tree trail, bandstand, bowling green and tennis courts.
Excellent transport links are on hand via the M5 and Taunton Railway Station to Exeter, Bristol and further afield.
The Lodge Manager is on hand throughout the day to support the Owners and keep the development in perfect shape as well as arranging many regular events in the Owners’ Lounge from coffee mornings to games afternoons.
A Guest Suite is available for your friends and family to stay in. In addition, you are entitled to use of the Guest Suites at all Churchill Living developments across the country.
Prices are available from the Lodge Manager.
An integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Riverain Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Riverain Lodge requires at least one apartment Owner to be over the age of 60 with any second Owner over the age of 55. *Please note that some of the images are of the show home.
** Service charges apply, please contact us for more information.
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.
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FAQ
About Apartment 2, Riverain Lodge,, Apartment 2, Riverain Lodge, Somerset
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