6 bedroom apartment for sale
Key information
Property description & features
- Tenure: Freehold
- Exciting investment opportunity in heart of Somerset in up & coming area
- Apartment building, built in 2018, set in a conservation area with 3 x 2 bedroom flats plus communal areas
- Located on the edge of Shepton Mallet with views of open countryside
- All flats currently occupied on ASTs with referenced quality tenants
- Allocated off road parking for 1 car with each apartment
- Ground floor flat with outside space
- Monthly rental income of £2150pcm increasing to £2275 in July 23
- From July producing income of £25,800 pa (yield of 5.16% @ asking price) plus capital growth
- Opportunity to create management company & change tenure
- Good transport links
Property Description: We are delighted to offer this exciting investment opportunity which is coming to the market for the first time.
Built in 2018, the apartment block has three 2-bedroom flats all of which are occupied on Assured Shorthold Tenancy Agreements. The property is fitted out to executive standard with light airy living areas; high quality fitted kitchens; tiled bathrooms with quality fittings; underfloor heating and an intercom system. It is fully double glazed and the sound proofing between the flats is comprehensive. The communal areas are all well maintained and have good natural light. There are wonderful views across fields and woodland from the top flat. The property is in a conservation area.
The open plan living areas are all of a good size, are neutrally decorated and have clearly demarcated living and dining areas. The kitchens are well designed and fitted out to the highest standards with integrated appliances including an oven, a hob, a large fridge/freezer, a washing machine and a waste disposal unit.
All the bedrooms are good sized doubles flooded with natural light with TV points and ample double sockets.
The bathrooms are all well designed, fully tiled and have full size baths with showers over plus electric towel rails.
The ground floor flat has French doors that lead to an exclusive terrace area and there is allocated parking for one car with each apartment.
EPC rating for each flat - C
Floorplan and EPC for the ground floor apartment have been used for marketing purposes. All others are available upon request.
Directions: = BA4 5FN / What3Words = electrode.reverted.segmented
Council Tax: Band A (at time of marketing). To check council tax for this property, please refer to
Local Authority: Somerset Council -[use Contact Agent Button]
Services: Air source heat pump heating system, mains drainage, mains water and electricity
Tenure: This property is freehold and is sold with tenants is situ on Assured Shorthold Tenancies
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Broadband availability and predicted speed: obtained from Ofcom on January 6, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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