2-bedroom terraced house · TA21 9HJ
Sold STCListed 89 days
Opportunity summary
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About
This 2 bedroom terrace house built in 2007 by Summerfield Homes is located within the popular Cob Castle development.
It provides an excellent opportunity for first time buyers as well as someone from the local area and is situated within a small cul-de-sac of similar properties enjoying lovely views across open countryside to the rear.
The accommodation on offer briefly comprises; front door opens into the entrance porch with a further door into the sitting room offering ample space for furnishings with stairs to the first floor and a door to the kitchen/dining room.
The kitchen is fully fitted with a range of wall and base units with contrasting work surfaces, an inset gas hob with an oven below, space for a fridge freezer, and space and plumbing for a washing machine.
A door leads directly out to the rear garden. To the first floor landing there is loft access as well as a built-in cupboard providing additional storage.
Here you will find 2 good size bedrooms with the main bedroom having a window to the rear elevation enjoying lovely views across open countryside, as well a good size built in cupboard.
The bathroom is fitted with a 3-piece white suite. Outside, there is a partly enclosed garden to the front with low picket fencing and an area of lawn with a further path leading to the front door.
The rear garden itself is fully enclosed and is laid to both lawn and patio with shrub borders. The property has the benefit of an allocated off road parking space.
TERM & CONDITIONS OF THE SECTION 106 AGREEMENT: The property is subject to a Section 106 Legal Agreement which sets out eligibility criteria.
Applicants should have a local connection to the area and: • Have a maximum single income or a maximum joint income in line with the application requirements - details of which can be provided by Wilkie May & Tuckwood.
Priority of this will be given as follows:- For the first 60 working days of marketing: • Have been ordinarily resident in the parishes of West Buckland, Wellington, Wellington Without, Nynehead, Bradford on Tone, Comeytrowe or Pitminster for a minimum period of six months or • Have permanent employment in the above parishes or • Have a close family association (mother, father, brother, sister, son or daughter-where the family member is currently resident within the parishes) After the first 60 working days of marketing: • Any person who meets the financial criteria set out above and who has been ordinarily resident within the local authority area and has permanent employment within that area LOCATION Cob Castle is situated in Ham on the outskirts of Wellington which lies approximately 1 ½ miles distance.
Ham is surrounded by some glorious countryside as well as a wide range of amenities within Wellington to include independently run shops and larger national stores to include the well renowned Waitrose.
The M5 can be joined at Junction 26 which lies approximately 1 mile distant. The County Town of Taunton is approximately 6 miles distance with a regular bus service into Taunton from Wellington..
DIRECTIONS From our Wellington town centre office proceed in the Taunton direction. Upon reaching the Chelston Roundabout take the second exit continuing towards Taunton.
Take the first left signposted Ham and then the second left into Cob Castle, follow the road around to the right where the property can be found further along on the right hand side.
AGENTS NOTE This property is owned by an employee of Wilkie May & Tuckwood.
Value & comps
No previous sales on record.
Returns
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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 Cob Castle, Wellington
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