Park 5, Clarence Street, Yeovil... 1 bed apartment for sale

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Park 5, Clarence Street, Yeovil... 1 bed apartment for sale

Park 5, Clarence Street, Yeovil, Somerset BA20
£100,000

Price History

Initial price £110,000
21/02/25 £100,000
Price Change -9.09%

Description

This modern, one-bedroom apartment is situated in the heart of Yeovil Town and offers an ideal investment opportunity. The property is part of the Park 5 development, a contemporary complex of 24 apartments designed with style and elegance. The apartment is currently let on an AST basis, achieving a rent of £635 per month and yielding approximately 6.6%. The property features a communal entrance hall, private reception hall, open-plan sitting/dining room, and kitchen with integrated appliances. The double bedroom has built-in storage, and the bathroom includes a white suite with shower over. The property benefits from gas-fired central heating, a communal satellite dish, and is connected to all mains services. With a lease term of 125 years from 2008, annual service charge of £945.88, and ground rent of £150.00, this property offers a secure investment opportunity. Located in the centre of Yeovil, it is close to shopping and leisure facilities, with easy access to surrounding towns and cities, including Sherborne, Taunton, and Dorchester.