2-bedroom bungalow · TA4 2LZ
For saleReduced £13.5k (−5.4%) on 3 AugListed 339 days
Opportunity summary
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About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £261,250 based on an average saving of 33%.
Market Value Price: £390,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £390,000, please contact the estate agent Webbers.
Property description We are delighted to offer for sale a detached bungalow on the south side of Wiveliscombe.
The accommodation consists of an entrance hall with cloakroom, a sitting room with doors leading to the rear, west facing garden and a spacious, sociable kitchen/dining room overlooking the rear garden and beyond.
There is an aga and pantry. One bedroom has had a bespoke conservatory built next to it with French doors and this is currently used as an additional living room with log burner.
The conservatory is superb overlooking most of the garden and with access to and frow. There is a further double bedroom and large second bedroom, all serviced by a shower room.
Beyond the kitchen, there is a utility/boot room with further access to the garden.
There is a combination of heating provision, including log burner, gas powered aga and radiator and electric heaters and double glazed windows.
Outside the property, there is private (sloping) drive with off street parking for three/four vehicles.
There are large gardens to the front, side (south) and rear (west) with greenhouse and large timber workshop/shed/log store.
The Wiveliscombe area is the best kept secret in Somerset with rolling green hills and peaceful unspoilt countryside, whilst maintaining excellent access to communities in Taunton, 11 miles with main line railway station and M5 access junction 25 and Wellington junction 26 is 7 miles from Wiveliscombe.
Wiveliscombe town offers an unusually wide range of services including post office, doctors surgery, vets, chiropodist, library, churches, public houses, community office, primary and secondary schools with excellent reputations and a recreation ground with heated outdoor swimming pool, cricket and rugby pitches and tennis courts.
Exmoor National Park is close at hand as well as the Quantock and Brendon hills providing open country for walking, riding, mountain biking and access to the beautiful West Somerset coastline.
Services: Mains gas, electricity, water and drainage are connected.
Tenure: Freehold Council Tax Band: D Local Authority: Somerset Council The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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