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Retirement property for sale in Somerset

With its favourable climate, great transport links and lovely scenery, Somerset has long attracted homebuyers. Located in the south-west of England, major towns include Bath Bridgewater, Yeovil, Newbury, Broomfield, Glastonbury, Weston-Super-Mare and the county town of Taunton. The population of Somerset was 529,972 in 2011, an increase of 31,879 over ten years. It has generally low unemployment and a good mix of independent, grammar and state schools (242 state primary schools and 44 state secondary schools). Universities include Bath University and Bath Spa University. The average house price value in April 2017 was £222,819, a rise of 7.2% over the previous twelve months.

Transport links

Somerset has excellent transport links in part due to its location as a passing point for those travelling to and from Devon and Cornwall to London, Wales and the North of England. There are direct rail services further south-west as well as to London Waterloo and London Paddington. The nearest airport is Bristol Airport. For road travel, the M5 runs south to Exeter and north towards Birmingham while just north of Somerset is the M4.

New build homes market

Many of the major housebuilders, such as Persimmon Homes, Taylor Wimpey and Crest Nicholson have new build property developments in Somerset. There are also plans to build 17,000 new homes in Taunton Deane. In an around Taunton is also a good place to find retirement developments. As always, home ownership for many new homes is possible thanks to the Help to Buy scheme.

Buy-to-let

For buy to let investors, there are particularly good opportunities in the university city of Bath. In Glastonbury, synonymous with its music festival, large apartments and houses can be a good rental investment. At the same time, it’s worth checking out places like Wells where, with not too many rental options already, it offers a good potential return for anyone able to purchase a buy to let mortgage.

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Taunton, Somerset TA1
Properties not released
Taunton, Somerset TA1 
1 - 2 bedroom properties
Clevedon, Somerset BS21
From £280,000 - £475,000
Clevedon, Somerset BS21
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Bath, Somerset BA1
Price on application
Bath, Somerset BA1 
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Street, Somerset BA16
Price on application
Street, Somerset BA16
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Portishead, Somerset BS20
Price on application
Portishead, Somerset BS20
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Taunton, Somerset TA1
Price on application
Taunton, Somerset TA1 
1 & 2 bedroom apartments
Wells, Somerset BA5
Price on application
Wells, Somerset BA5 
Contact for more details
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The WhatHouse? Location Ratings are powered by our trusted partner, CLSQ.com, a leading property data, technology and data-led insurance provider who have collaborated with WhatHouse.com on analysing more than 50 geospatial attributes for every new build location. We endeavour to ensure the geospatial data is the most current and accurate information available.

However, WhatHouse? Digital Ltd does not make any representation, warranties of any kind (express or implied) or guarantee the accuracy, adequacy, suitability or completeness of any information, merchantability or its fitness for a particular purpose. Any reliance you place on such information is, therefore, strictly at your own risk and WhatHouse? Digital Ltd is not responsible for any errors or omissions or for the results obtained from your use of such information.
Location Ratings
Working with data experts CLSQ, we assess the latest information to give every current new homes development a rating under the core topics you see below, click on any of the developments to find out how they are scoring.
 Health and Wellbeing
 Mobile Connectivity
 Transport Links
 Finance
 Education and Amenities
  Monthly Budget
Our monthly budget search provides a monthly cost estimate for the different ownership options available to you. These range from ‘outright purchase’, ‘shared ownership’ and ‘rent’ options. As with any property purchase you should seek independent financial advice.

For outright purchase the monthly mortgage cost estimate is based on an interest only mortgage at a 5.95% annual interest rate, over 25 years with a 10% deposit.

For ‘shared ownership’ the monthly cost is based on an interest only mortgage rate of 5.95% per annum over 25 years with annual interest of 2.75% on the unsold share.

For ‘rent’ the monthly cost is based on the rental from the landlord or Build to Rent organisation who owns the property.

Read our Guides to learn more about the different ways of living in your dream new home.
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