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Graham Way, Cotford St. Luke, Taunton, Somerset, TA4

Guide price £175,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page Leasehold
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  • 2 bedrooms
  • 2 bathrooms
  • 1 reception

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Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

C

Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£0.0 per year

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

ASK AGENT

Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£0.0

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

100 years left

Features

  • INVESTORS ONLY - Currently tenanted
  • First Floor Apartment
  • Two Bedroom
  • Popular Village Location
  • Gated Community
  • Partially Furnished
  • Off road parking for one vehicle

Nearest Stations

  • Bishop's Lydeard Rail Station - 1.2 miles
  • Taunton Rail Station - 3.8 miles
INVESTORS ONLY. An excellent opportunity to acquire a high-yield, fully income-producing investment in the sought-after village of Cotford St. Luke.

This well-presented two-bedroom first floor apartment is offered with a long-term tenant in place with a rental guarantee in place until 2028, delivering immediate and consistent rental income from day one.

Positioned within a secure gated development, the property benefits from allocated parking and access to communal gardens, supporting strong ongoing tenant demand and long-term occupancy.

The established tenancy structure and professional management provide stability and continuity, making it particularly attractive in today’s rental market and hands-off investment with minimal operational involvement.

The apartment is maintained to a good standard and offers a practical, well-proportioned layout that maximises usable living space, located in a popular residential area with consistent rental demand.

SPACIOUS COMMUNAL HALLWAY
Staircase rising to first floor

ENTRANCE HALL
Telephone entry system and storage cupboard

LIVING ROOM 5.33mx5.61m


KITCHEN 3.58mx4.24m
Built-in electric oven, gas hob,

BEDROOM 1 4.52mx4.4m


BEDROOM 2 3.66mx3.23m


BATHROOM
Period style bath with shower above, wash hand basin and low level W/C

OUTSIDE
Off road parking for 1 vehicle and to the rear is communal gardens and communal clothes drying area

SERVICES
Tenure - Leasehold 125 year lease from January 2001 with 100 years remaining Ground Rent - £0 Service Charge - £1700 every 6 months Managing Agent - Alpha Housing Services Ltd.

AGENTS NOTE
INVESTORS ONLY - Currently tenanted until December 2027 and managed by Clem Woodward Lettings. For mobile and broadband availablity please check the OFCOM website and quote TA4 1GY Key Investment Highlights £1,302 pcm rental income (£15,624 per annum) Approx. 8.9% gross yield Rental guarantee in place until December 2027 No void risk during guarantee period Low-maintenance, turnkey investment Ideal for both first-time and portfolio investors Property Ref: CWL260012

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