Compact, modern flat near shops — strong rental potential.
No onward chain — ready for quick exchange
A bright one-bedroom first-floor apartment in the heart of Ilminster, offered with no onward chain. The open-plan living room and modern fitted kitchen with integrated oven, hob and fridge create a practical, low-maintenance home ideal for a first-time buyer or buy-to-let investor. The property measures around 463 sq ft and benefits from gas central heating, double glazing and an EPC rating of C.
The flat sits within a managed block with communal entrance, bin stores and post boxes. The lease is long (125 years from 2015 / about 116 years remaining) and annual service charges are modest (recent payment c. £672). Ground rent is currently £200 pa and is set to rise to £400 in 2041 — a material point for buyers to note. There is no allocated parking; on-street and permit parking are available nearby.
Practical considerations: broadband speeds in the area are slow and the flat is an average-sized apartment with standard ceiling heights. The layout is linear and straightforward, so updating the finish or reconfiguring storage is possible if you want to add value. Rental potential is indicated at roughly £650 pcm, reflecting a yield in the high 7–8% range depending on final costs.
Viewers should be aware that services, fixtures and appliances have not been independently tested. The location is town-centre convenient — shops, Tesco and local amenities are within a short walk — making this a low-hassle purchase for someone seeking central convenience or a straightforward rental unit.
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