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See how verdicts work2-bedroom flat · BA22 8XT
For saleReduced £10k (−7.1%) on 2 SepListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Evolve Estate Agents present a fantastic opportunity to acquire this two-bedroom ground floor apartment, ideally situated on the popular Hawks Rise development in Yeovil.
Offering excellent potential, the property is well suited to first-time buyers looking to step onto the property ladder, as well as investors seeking to start or expand their portfolio.
The accommodation comprises a well-proportioned double bedroom with built in wardrobes, a single bedroom, a modern bathroom and a practical kitchen with scope for a purchaser to update over time if desired.
A particular advantage is the allocated parking space positioned to the front of the building, providing convenient off-road parking.
Internally, the property would benefit from the installation of new flooring throughout much of the flat following the recent removal of carpets, allowing an incoming owner to personalise the finish to their own taste.
The property has been successfully let out by the current owners and is offered with approximately 102 years remaining on the lease.
In addition, the Electrical Installation Condition Report (eicr) was renewed in 2024, providing added reassurance for prospective purchasers.
Combining a convenient ground floor position, practical accommodation and the opportunity to add value through cosmetic improvement, this property represents an appealing purchase and a viewing is recommended.
Accommodation: Main Entrance: The building benefits from an intercom system for each flat with the main entrance providing access to both ground floor properties.
There are stairs on the left hand side providng access to remaining properties.
Entrance Hallway: 3.73m x 1.04m Providing access to all principal rooms within the apartment, the hallway offers a practical entrance space with room for coats and footwear.
Living Room: 4.25m x 4.36m A spacious and light-filled reception room providing ample space for both lounge and dining furniture, creating a comfortable living area for everyday use and entertaining.
Kitchen: 2.12m x 4.25m Fitted with a range of wall and base units, It is serviceable in its current condition and provides scope for future modernisation if desired.
There is space for a washing machine and free standing fridge-freezer Bedroom One: 2.80m x 4.20m A generously proportioned double bedroom with space for a range of bedroom furniture, offering a comfortable principal sleeping area.
Bedroom Two: 2.02m x 3.14m A versatile single bedroom suitable for use as a child's bedroom, guest room or home office.
Bathroom: 1.56m x 3.13m Presented to a modern standard and fitted with a walk in shower, wash hand basin and WC, providing a clean and functional suite.
Lease Details: 125 year lease from January 2003 with 102 years remaining Service charge/management fee - £1200 per annum Ground rent - £293.58 paid annually Disclaimer:: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract.
Intending purchasers shouldn't rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including heating and so cannot verify they are in working order or fit for their purpose.
Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations.
Although we try to ensure accuracy, any measurements that are used in this listing are approximate and usually at the maximum width or length of the room.
Therefore if intending purchasers need accurate measurements for any reason then they should take such measurements themselves.
Photographs are produced for general information and it must not be inferred that any items which happen to be in the photographs are included in the sale.
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.
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FAQ
About 37, Hawks Rise, Yeovil
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