3-bedroom terraced house · TA24 8LD
Sold STCListed 780 days
Opportunity summary
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About
A beautifully presented and sympathetically renovated three bedroom end terrace cottage of immense character and charm delightfully tucked away in a quiet and most convenient level location close to the heart of this popular Exmoor village and within a mile of the sea.
Believed to have been built in the early 1900's and the only cottage in the terrace with an off road parking space.
The beautifully presented accommodation is fitted with replacement double glazed windows in timber frames, electric heating together with a woodburner in the sitting room.
The cottage is currently run as a successful holiday let and is also available furnished and equipped ready to re-let subject to separate negotiation.
The accommodation is arranged over two floors and in brief comprises; part glazed door to a small hall with quarry tiled floor and further glazed door leading through to a double aspect open plan sitting/dining room with fireplace and inset woodburner, feature fireplace in the dining area, understairs cupboard, tiled floor and door to a fitted kitchen overlooking the garden and fitted with a modern range of base and wall units with roll edge work tops, stainless steel single drainer sink unit with mixer tap, integrated oven and hob with extractor over, fridge, dishwasher, part tiled surrounds, tiled floor and stable door to garden.
Staying on the ground floor there is a part tiled bathroom fitted with a three piece white and chrome suite with electric shower over the bath, plumbing for washing machine and airing cupboard.
On the first floor landing there is access to a part boarded roof space and there are three bedrooms all enjoying pleasant outlooks.
The property is approached off The Drang onto a concrete hardstanding for one vehicle. There is a flower and shrub garden with two small areas of lawn and a pleasant screened paved patio.
There is a pedestrian right of way over the gravelled paths for residents use to gain access to the front and rear of the cottages.
From Minehead proceed on the A39 to Porlock, as you enter the village take the first turning on the left into Doverhay Carpark which would be the ideal place to park on your first visit.
From the car park walk up through Doverhay for approximately 75 yards turning right into the Drang just after the Gables Guest House, follow the path and Marleys Row is the second terrace of cottages on the right hand side.
Porch Sitting/Dining Room 6.1m x 4.85m Kitchen 2.9m x 1.78m Bathroom 2.8m x 2.77m First Floor Landing Bedroom 1 4.75m x 3.1m Bedroom 2 3.07m x 2.95m Bedroom 3 2.84m x 2.8m Services Mains water, drainage and electricity.
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 Marleys Row, Porlock, Minehead, TA24
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