We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom detached house · TA20 3TF
For saleListed 434 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial detached five-bedroom home with outbuildings, land and exceptional live/work potential Tucked away in the peaceful countryside of Newtown, Old Smithy is a rare detached family home offering generous accommodation, historic character and outstanding flexibility.
With double-storey barns, mature gardens and an apple orchard, this is a property that suits families, entrepreneurs and buyers seeking space to live and work in one place.
The accommodation is both practical and full of warmth.
Two spacious reception rooms provide flexible living, one with a more modern feel, the other rich in traditional character, ideal for family life, entertaining or home working.
At the heart of the house sits a fully fitted kitchen combining modern convenience with period features, including exposed beams, original stonework and a character stove, creating a welcoming space for everyday living and hosting.
Upstairs, the property offers five well-proportioned bedrooms. The principal bedroom forms part of a larger bedroom wing and includes an en-suite.
The remaining bedrooms are bright and adaptable, suitable for children, guests, home offices or hobbies. Outside, the grounds are a real highlight.
From a sunny patio area, the gardens extend into two private, established garden spaces and onward to an apple orchard, offering privacy, space and a strong connection to the surrounding countryside.
The double-storey barns and additional outbuildings (including the original smithy, not listed) offer significant scope for a range of uses, including workshops, studios, storage, or potential live/work accommodation, subject to any necessary consents.
Despite its peaceful rural setting, Old Smithy is well positioned between Ilminster, Chard and Taunton, providing convenient access to schools, shops, amenities and transport links.
This is a substantial and characterful home with genuine potential, rarely available in such a flexible and well-connected rural location. Early viewing is highly recommended. outbuildings
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
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 Old Smithy Newtown, Chard, TA20 3TF
Explore nearby
