2 bed flat for sale

Graham Way, Cotford St. Luke, Taunton TA4

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 2027, delivering immediate and consistent rental income from day one.

Currently rented out and managed by Clem Woodward Lettings.

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 (5.33m x 5.61m)

Kitchen (3.58m x 4.24m)

Built-in electric oven, gas hob

Bedroom 1 (4.52m x 4.4m)

Bedroom 2 (3.66m x 3.23m)

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