1/8
£260,000
3 beds · 1 bath
Great Orchard, Ilchester, Yeovil
0.08 miles
away
Freehold
Added on 16/09/2026 William H. Brown
1/8
1/8
£125,000
Asking price 3 bed flat for sale Richmond Court, Ilchester
3
beds Flat
Leasehold
Added on 16/09/2026
About this property
Martin & Co are delighted to offer to the market this 3 bedroom ground-floor apartment for sale as an ongoing investment with great long term tenants in situ. Or a perfect starter home for first time buyers. Annual rental income of £9,600 with a gross yield on asking price of 7.
Key features
- Excellent Investment Opportunity
- Long-Term Tenant
- Rental Income £9,600
- Service Charges £1,100pa
- Ground Rent £10pa
- 62 Years Remaining on Lease
- Gas Central Heating
- Village Location
- Close to Local School
- Ideal First Home
Floorplan
Location
Richmond Court, Ilchester, BA22 8JY
- Council tax
- Band D (Approx £2,561/year)The agent has not stated the band, so band D is shown as the local reference: Somerset's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £125,000
£62k £188k
Deposit10% £13,000
£0 £125k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £112,000 mortgage. Most lenders would want a household income of about £25,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in BA22 8JY. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 9, Eagle Close Flat / maisonette | Flat / maisonette | Jul 2026 | — | — | — | £105,000 |
| Flat 9, Richmond Court, Eagle Close Flat / maisonette | Flat / maisonette | Feb 2026 | 807 sq ft £136/sq ft | 807 sq ft | £136 | £110,000 |
| Flat 8, Richmond Court, Eagle Close Flat / maisonette | Flat / maisonette | Jul 2025 | 850 sq ft £148/sq ft | 850 sq ft | £148 | £126,000 |
| 9, Eagle Close Flat / maisonette | Flat / maisonette | Mar 2022 | — | — | — | £100,000 |
| 7, Eagle Close Flat / maisonette | Flat / maisonette | Sept 2020 | 700 sq ft £129/sq ft | 700 sq ft | £129 | £90,000 |
| Flat 8, Richmond Court, Eagle Close Flat / maisonette | Flat / maisonette | Jul 2020 | 850 sq ft £147/sq ft | 850 sq ft | £147 | £125,000 |
| Flat 5, Richmond Court, Eagle Close Flat / maisonette | Flat / maisonette | May 2020 | 678 sq ft £162/sq ft | 678 sq ft | £162 | £110,000 |
| Flat 8, Richmond Court, Eagle Close Flat / maisonette | Flat / maisonette | Jun 2019 | 850 sq ft £135/sq ft | 850 sq ft | £135 | £115,000 |
Area insights
The neighbourhood around this property.
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