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See how verdicts work2-bedroom bungalow · TA23 0HT
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicely presented detached bungalow set in a generous plot with attractive garden and off road parking - situated in a quiet location on the edge of Watchet and for sale with no onward chain.
Converted from a garage/workshop and extended in 2002, the property benefits from an EPC rating of C, with double glazing and gas central heating.
The accommodation comprises, in brief - entrance hall, sitting/dining room, kitchen, 2 double bedrooms and a bathroom.
Externally the property is accessed over a private driveway which is owned by this property and gives a right of way to 2 other properties.
From the driveway, double gates lead into the parking area which provides off road parking for 1 car but could very easily be extended to make further parking.
The main garden lies to the rear of the bungalow and is laid to lawn with a mature hedge border.
A path from the parking leads around the side of the bungalow to the front and in turn to the large patio where a timber garden shed can also be found (with power).
The property is situated in a quiet, elevated position on the edge of Watchet with circular footpath walks to the town and a regular bus service nearby.
Watchet is a thriving historic harbour town with a marina for boating enthusiasts.
The town has a good range of facilities meeting most everyday needs as well as a large variety of independent antique, gift and art shops.
Watchet has a station on the West Somerset Heritage Steam Railway - the longest in the country which links it to the coastal resort of Minehead.
Set between the Quantock and Brendon Hills and the Exmoor National Park this is a great area for walking and outdoor pursuits.
Taunton (18 miles), the county town, gives access to the motorway network and fast trains (from 1 hour 40 minutes) to London.
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
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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.
Area
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FAQ
About Shells Knapp, 48C Brendon Road, Watchet
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