Summary - Flat 7 Central House, Church Street BA20 1FD
1 bed 1 bath Flat
Compact investment with parking and strong rental yield potential.
No onward chain, third-floor one-bedroom town-centre flat
A compact third-floor one-bedroom apartment in Yeovil town centre, offered with no onward chain and a secure allocated parking space. Built in 2018 and converted to a modern finish, the flat includes an open-plan living/kitchen, double bedroom, shower room and a basement lockup. Its small footprint (c.363 sq ft) suits single occupants or lettings aimed at constrained renters.
This property is presented primarily as an income opportunity: current market rents suggest a gross yield around 7% at the asking price. Practical benefits for landlords include ultrafast broadband availability, off-street parking and low council tax. The lease has c.112–113 years remaining, which supports mortgageability for many lenders.
Important drawbacks are factual and material: the building sits in an area with high crime levels and very high deprivation, which can affect tenant demand and insurance costs. Heating is by electric radiators, so running costs may be higher than gas-heated alternatives. Ground rent is £270 pa and reviewed every five years (next review 2028) and the service charge averages about £1,008 pa; these will affect net yield and should be checked against rental projections.
Suitable buyers are investors seeking a town-centre, low-management flat with immediate let potential or first-time buyers wanting a compact, chain-free home. Viewers should assess total running costs, insurance and tenant demand in the local market before bidding.
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