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See how verdicts work3-bedroom semi-detached house · TA20 1AR
Sold STCListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Development Opportunity | Former HMO | Full Renovation Required | Potential for 4 Self-Contained Units (STPP) | Chard, Somerset National Residential are delighted to offer this three-bedroom semi-detached property, formerly operated as a House in Multiple Occupation, and offered with significant redevelopment and value-add potential.
The property had previous planning consent to convert into four self-contained flats, with works commenced but not completed, presenting a rare opportunity for experienced investors and developers.
The property is well located within approximately 0.5 miles of Chard town centre, providing convenient access to local amenities, transport links and services.
Key Information * Tenure: Freehold * Council Tax Band: A Important Condition Notice The property is in need of full internal renovation throughout.
Works will be required across all aspects of the building, including layout completion, services, fixtures and finishes. Buyers must satisfy themselves as to the extent of works required.
All prospective purchasers are strongly encouraged to watch the full video tour, which provides a clear and realistic representation of the property's current condition, layout and development potential.
Accommodation & Layout The property was previously configured as an HMO, with internal alterations already undertaken to support multi-unit use.
Due to the incomplete nature of the works, the accommodation is best understood by viewing the video walkthrough, which highlights: * Existing structural layout * Areas where conversion works were started * Potential configuration for self-contained units * Scale of refurbishment required The property offers flexibility for: * Reinstatement as a single dwelling * HMO redevelopment (subject to licensing) * Conversion into multiple self-contained flats (subject to planning) Development & Investment Potential * Former HMO with long-term usage history * Previous planning consent for four self-contained flats (buyers to make their own planning enquiries) * Freehold title * Strong opportunity to add value through full refurbishment * Suitable for experienced investors, developers or builders Location & Local Area Chard is a well-established Somerset town offering a wide range of amenities, including major supermarkets, independent retailers, schools, leisure facilities and healthcare services.
The property benefits from: * Easy access to Chard town centre * Approximately 14 miles north of Taunton, the county town * Around 14 miles south of the Jurassic Coast, including Lyme Regis, a designated World Heritage Site This location supports both residential demand and long-term rental potential.
Viewings & Further Information Please watch our online video tour in full to understand the layout, condition and scope of works required.
Viewings are highly recommended for those seeking a substantial refurbishment or development opportunity. For further information or to arrange a viewing, please contact our specialist sales advisor.
This is a rare opportunity to acquire a freehold property with significant redevelopment potential in a central Chard location. This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed.
We would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract.
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided.
The market appraisal of this property has indicated a value in excess of our marketing price.
As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction.
Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase.
We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete.
This additional time to exchange on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change.
Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Furzehill, Chard, Somerset, TA20
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