# 1 bedroom apartment for sale (TA24 5DA)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 46, PEERAGE COURT, VENNLAND WAY, MINEHEAD, SOMERSET TA24 5DA |
| Price | £55,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 54 m² |
| Last sold | £58,000 Jan 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 03/06/2034
- **Current heating cost:** £673/year
- **Est. upgrade cost to C:** £1,880

### Recommendations
- A (£100 - £350)
- L2 (£800 - £1,200)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0350-2564-7360-2604-6885)

## Description

**SUMMARY**

Offering more spacious living accommodation this exceptional second floor apartment has been altered from two bedrooms to one and now affords a large sitting/dining room with Juliet balcony and window to the front with far reaching countryside views. No Chain. Viewing recommended.

**DESCRIPTION**

The property is situated in a block of similar properties that were established for occupation for retired people over the age of 60 years, and benefits from an emergency call system, house manage, intercom entry system, communal residents sitting room, Economy 7 night storage heating, ample power points and double glazing. The property enjoys views to North Hill, Periton and Hopcott and will be found to be in excellent decorative order throughout. The accommodation is arranged as follows:

**Auctioneer's Comments** 

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

**Description** 

The property is situated in a block of similar properties that were established for occupation for retired people over the age of 60 years, and benefits from an emergency call system, house manage, intercom entry system, communal residents sitting room, Economy 7 night storage heating, ample power points and double glazing. The property enjoys views to North Hill, Periton and Hopcott and will be found to be in excellent decorative order throughout. The accommodation is arranged as follows:

**Communal Entrance** 

Security entry phone systems, powered door to communal entrance, lifts & stairs to all floors

**Entrance Hall** 

Large walk-in storage cupboard with light, shelving and fusebox, security entryphone system and call assistance controls, wall mounted electric heater.

**Sitting/Dining Room** 18' 7" x 15' 1" max ( 5.66m x 4.60m max )

A spacious room enjoying a light aspect with double glazed window & double glazed double doors to a Juliet Balcony, enjoying far reaching views, electric storage heater, ornamental fire place, television aerial point, fitted carpets, double doors to;

**Kitchen** 10'  x 6' 8" ( 3.05m x 2.03m )

Well fitted range of wall & base level units with ample roll topped work surfaces, inset single drainer stainless steel sink unit with mixer tap, appliance space for slot in cooker, washer drier, dishwasher & fridge freezer, tile effect vinyl flooring, tiled splash backs

**Bedroom One** 17' 6" max x 9' 5" max ( 5.33m max x 2.87m max )

A spacious double bedroom of irregular shape, recessed double wardrobe with bi-fold doors, ample space for additional furniture, double glazed door to Juliet Balcony, television aerial point, fitted carpets, storage heater

**Bathroom** 

A spacious bathroom with refitted white suite, comprising of a panel enclosed bath, low level WC, wash hand basin, seperate shower cubicle with glazed enclosure and Mira Sport shower, electric heater, airing cupboard, heated towel rail, extractor fan.

**Outside** 

The development sits within well tended communal gardens with areas of lawn interspersed with flower and shrub beds and borders. Mature trees inset.

**Parking** 

There is a large parking area split into three area's with ample parking provided with both residents and visitors alike.

**Council Tax Band C** 

Lease details are currently being compiled.  For further information please contact the branch.  Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

## Property Photos

- ![Photo](/listings/photos/148667960/1358152)
- ![Photo](/listings/photos/148667960/1358153)
- ![Photo](/listings/photos/148667960/1358154)
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- ![Photo](/listings/photos/148667960/1358157)
- ![Photo](/listings/photos/148667960/1358158)
- ![Photo](/listings/photos/148667960/1358159)
- ![Photo](/listings/photos/148667960/1358160)
- ![Photo](/listings/photos/148667960/1358161)
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- ![Photo](/listings/photos/148667960/1358163)
- ![Photo](/listings/photos/148667960/1358164)
- ![Photo](/listings/photos/148667960/1358165)

## Floorplans

- ![Floorplan 1](/listings/photos/148667960/1358166) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/148667960/1358167) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PEERAGE COURT APARTMENT 46 VENNLAND WAY, MINEHEAD, SOMERSET, TA24 5DA | £58,000 | 30/01/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] PEERAGE COURT APARTMENT 22 VENNLAND WAY, MINEHEAD, SOMERSET, TA24 5DA | £89,950 | 02/12/2025 | Flat |
| 5 ALEXANDRA GARDENS, MINEHEAD, SOMERSET, TA24 5LD | £150,000 | 20/11/2025 | Flat |
| 31A IRNHAM ROAD, MINEHEAD, SOMERSET, TA24 5DW | £67,000 | 17/11/2025 | Flat |
| 9 ALEXANDRA GARDENS, MINEHEAD, SOMERSET, TA24 5LD | £190,000 | 20/11/2023 | Flat |
| [Same street] PEERAGE COURT APARTMENT 12 VENNLAND WAY, MINEHEAD, SOMERSET, TA24 5DA | £125,000 | 03/11/2023 | Other |
| 39 GROUND FLOOR FLAT IRNHAM ROAD, MINEHEAD, SOMERSET, TA24 5DW | £160,000 | 11/08/2023 | Flat |
| [Same street] PEERAGE COURT APARTMENT 23 VENNLAND WAY, MINEHEAD, SOMERSET, TA24 5DA | £115,000 | 25/05/2023 | Flat |
| 47B IRNHAM ROAD, MINEHEAD, SOMERSET, TA24 5DW | £162,500 | 09/05/2023 | Flat |
| BROADLEAS FLAT 5 KING EDWARD ROAD, MINEHEAD, SOMERSET, TA24 5JB | £145,000 | 26/10/2022 | Flat |
| 17 ALEXANDRA GARDENS, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5LD | £185,000 | 26/10/2022 | Flat |
| 56A SUMMERLAND AVENUE, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5BN | £175,000 | 23/09/2022 | Flat |
| [Same street] PEERAGE COURT APARTMENT 26 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £115,000 | 25/08/2022 | Flat |
| [Same street] PEERAGE COURT APARTMENT 14 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £118,000 | 05/08/2022 | Flat |
| 65A SUMMERLAND AVENUE, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5BW | £145,000 | 08/07/2022 | Flat |
| MARSHFIELD HOUSE, 18 FLAT 1 TREGONWELL ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DU | £182,500 | 31/05/2022 | Flat |
| ELTHAM, 15 FLAT 3 GLENMORE ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5BQ | £89,250 | 20/04/2022 | Flat |
| [Same street] PEERAGE COURT APARTMENT 40 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £100,000 | 19/04/2022 | Flat |
| [Same street] PEERAGE COURT APARTMENT 15 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £122,500 | 05/04/2022 | Flat |
| 21 TOP FLAT IRNHAM ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DN | £132,000 | 31/03/2022 | Flat |
| [Same street] PEERAGE COURT APARTMENT 3 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £115,000 | 12/01/2022 | Flat |
| [Same street] PEERAGE COURT APARTMENT 27 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £117,000 | 11/01/2022 | Flat |
| 34 GROUND FLOOR FLAT GLENMORE ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5BH | £145,000 | 22/11/2021 | Flat |
| [Same street] PEERAGE COURT APARTMENT 7 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £105,000 | 03/11/2021 | Flat |
| TREGONWELL COURT 3 SUMMERLAND AVENUE, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5AF | £180,000 | 30/09/2021 | Flat |
| [Same street] PEERAGE COURT APARTMENT 22 VENNLAND WAY, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DA | £117,500 | 23/09/2021 | Flat |
| 11 FLAT A KING EDWARD ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5EA | £125,000 | 23/08/2021 | Flat |
| 5 FLAT 2 TREGONWELL ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5DT | £160,000 | 20/08/2021 | Flat |
| 86 FLAT 2 SUMMERLAND AVENUE, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5BW | £138,500 | 02/08/2021 | Flat |
| GLENMORE COURT FLAT 2 GLENMORE ROAD, MINEHEAD, SOMERSET WEST AND TAUNTON, SOMERSET, TA24 5BH | £135,000 | 30/07/2021 | Flat |

**Street average:** £112,723 (11 sales)
**Area average:** £148,153 (18 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £144,952 (22 Flat, TA24, 2024–2026)
- **Deviation:** -62.1%

## Rental Range

*ONS Price Index of Private Rents (South West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,111/mo
- **Realistic:** £1,234/mo
- **Optimistic:** £1,357/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Taunton & West Somerset (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £573/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Selbourne Place, TA24 | £695/mo | 1 | 0.43 miles | OpenRent |

**Average rent: £695/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.26% (strong)
- **Max investor price (0.8%):** £86,875
- **Target investor price (1%):** £69,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £695/mo).*

- **Gross yield:** 15.2%
- **Cost-to-rent:** 6.6×
- **Monthly cashflow:** £384/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 28.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,019/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -17.3%
- **10y growth:** 3.9%

## House Price Index (HM Land Registry)

*Official index for South West; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 3.5%
- **10y growth (index):** 22.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)