1-bedroom flat · BA22 8SH
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom ground floor flat is situated in the sought after area of Houndstone and is offered to the market with no forward chain.
The property is in need of modernisation and offers accommodation including an entrance hallway, bedroom with fitted furniture, sitting room, kitchen and bathroom.
Outside there is an allocated parking space.
Material Information Applicable In All Circumstances Material Information In compliance with the Digital Markets, Competition and Consumers Act 2024 Material Information applicable in all circumstances · Council Tax Band - Band A · Asking Price - Guide Price £87,500 · Tenure - Leasehold (Share of Freehold 1/8) - 99 years from 1 May 1990 (Vendor will be willing to cover the cost of a lease extension to 999 years to tie in with completion) ·Ground Rent- A peppercorn ·Service Charge- £65/month (£780/year) Stamp Duty Stamp Duty Land Tax (sdlt) - may be payable to hmrc in addition to the purchase price, depending on the purchaser’s circumstances – please visit hmrc’s sdlt Calculator Other Fees/Disbursements payable - Conveyancers will charge legal fees together with other costs, which could include fees for Land Registration, Telegraphic Transfer, Anti-Money Laundering, various Searches, completion of sdlt return, and lenders’ transaction fees (non-exhaustive list) – please seek confirmation from your Conveyancer prior to a commitment to purchase Entrance Hallway From the communal hallway you are greeted with an entrance hallway which has doors opening to the sitting room, bedroom and bathroom.
A further door opens to the airing cupboard which houses the hot water cylinder. There is a decorative light fitting and coat hooks.
Open Plan Living Space/Kitchen (5.92 m x 3.00 m (19'5" x 9'10")) A twin aspect room with wooden double glazed windows facing the front and side of the property.
In the sitting area there is a modern electric wall mounted heater and a decorative ceiling light point whilst in the kitchen there is are base units with work surfaces above, a stainless steel sink, strip lighting, an extractor fan and an open cupboard with shelves.
Bedroom (3.22 m x 2.90 m (10'7" x 9'6")) A double room with fitted wardrobe style and over head units.
There is a wooden double glazed window facing the front, a wall mounted electric heater and a decorative light fitting.
Bathroom Fitted with a panel enclosed bath with screen and curtain to side and shower above, a pedestal wash basin and a closed coupled WC.
There is an enclosed ceiling lamp, a wall mounted electric heater and an extractor fan.
Material Information To Assist Making Informed Decisions · Property Type - Ground Floor Flat · Property Construction - Traditional · Number And Types Of Rooms - See Details and Plan, all measurements being maximum dimensions provided between internal walls.
· Electricity Supply - Mains · Water Supply - Mains · Sewerage - Mains · Heating - Electric · Broadband - Please refer to Ofcom website. · Mobile Signal/Coverage - Please refer to Ofcom website.
· Parking - Allocated Parking Space Material Information That May Or May Not Apply · Building Safety - On enquiry of Vendor, we’re not aware of any Building Safety issues.
However we would recommend purchaser’s engage the services of a Chartered Surveyor to confirm. · Restrictions -We’d recommend you review the Title/deeds of the property with your solicitor.
Restricted Covenants include; Property to be used as a private residence and parking space in the occupation of one individual family.
Not to play or use any piano gramophone record player radio or television loudspeaker or mechanical or other musical instrument of any kind nor to practise any singing in the flat so as to cause to the neighbours any nuisance or annoyance or so as to be audible outside the flat at any time.
Material Information That May Or May Not Apply To use the parking space for a private motor car or motor cycle or a goods vehicle not exceeding seven hundred weight only and to park the same only in the parking space.
Not to do or permit or suffer to be done in or upon the property any act or thing which may be or become a nuisance annoyance or disturbance or cause damage or inconvenience to the lessor or its lessees.
More covenants in place refer to your solicitor.
Material Information That May Or May Not Apply Continued · Rights and Easements - We’re not aware of any significant/material rights, but we’d recommend you review the Title/deeds of the property with your solicitor.
· Current Flood Risk - According to the Environment Agency's website the property is considered to be at very low risk of River, Sea & Surface Water Flooding.
For detailed checks please visit the ‘Long Term Flood Risk’ on the government website.
· Coastal Erosion Risk - N/A · Planning Permission - No records on the Local Authority’s website directly affecting the subject property.
· Accessibility/ Adaptations - N/A · Coalfield Or Mining Area - N/A · Energy Performance Certificate (EPC Rating) -C Other Disclosures No other Material disclosures have been made by the Vendor.
This Material Information has been compiled in good faith using the resources readily available online and by enquiry of the vendor, on the 17/07/2026.
However, such information could change after compilation of the data, so Laceys cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, Laceys are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you please do seek verification from a legal adviser before committing to expenditure.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About Flat 1, Yeovil
Explore nearby