2-bedroom flat · TA19 0BQ
For saleListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A conveniently located 2 bedroomed apartment, recently modernised and upgraded with spacious and light filled accommodation-No onward chain.
Occupying an elevated and central position within the historic market town of Ilminster, this spacious two bedroom apartment offers well proportioned and light filled accommodation with the added benefit of having a fresh refurbishment, upgraded electric panel heaters as well as no onward chain.
Accommodation briefly comprises: Two large double bedrooms, bathroom, large living/dining room and newly fitted kitchen. Please note there is no parking or outside space associated with the property.
Ilminster is a medieval former market town, situated about 12 miles south east of the county town of Taunton.
Surrounded by undulating open countryside designated a Special Landscape area, the majority of the town falls within a Conservation Area with many character properties built of the local mellow Hamstone.
The ancient Minster dominates the centre of the town. Ilminster offers a full range of amenities including doctors, dentist, shopping facilities and weekly market.
The town also benefits from an arts centre and theatre. There is schooling at primary and intermediate levels and churches of various denominations.
Ilminster has convenient road access to both the M5, junction 25 lies 11 miles to the north-west and to the A303, now dual carriageway most of the way to the M3.
Mainline railway stations are situated at Crewkerne 7 miles (London Waterloo) and Taunton 13 miles (London Paddington). Berrys coaches offer a service to London twice a day.
Bath, Bristol and Exeter offer excellent cultural and shopping facilities within easy travelling London Waterloo) and Taunton 13 miles (London Paddington).
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
Agent & docs
FAQ
About 7a, Ditton Street, Ilminster
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