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 work1-bedroom flat · BS27 3DF
Sold STCListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** SPACIOUS ONE BEDROOM GROUND FLOOR GARDEN FLAT *** GOOD SIZE OPEN PLAN KITCHEN/DINING/LIVING ROOM WITH VIEWS OF THE MENDIP HILLS *** BATHROOM *** DOUBLE BEDROOM *** OWN ENTRANCE *** REAR COURTYARD GARDEN WITH GATED PEDESTRIAN ACCESS *** ONE PARKING SPACE *** VIEWS TOWARDS THE GORGE *** WELL LOCATED WITHIN WALKING DISTANCE TO ALL AMENITIES THAT POPULAR CHEDDAR HAS TO OFFER *** EPC D *** COUNCIL TAX BAND A *** LEASEHOLD *** 999 year lease Night storage heaters No ground rent payable as joint owners of the freehold Front Of Property - Kitchen - 4.06m x 2.06m (13'4 x 6'9) - Lounge/Diner - 4.06m x 3.68m (13'4 x 12'1) - Bedroom - 3.10m x 2.34m (10'2 x 7'8) - Bathroom - Rear Courtyard Garden - Outside - There is a communal courtyard area with an own entrance door to the flat.
The rear garden has views of the Gorge and a rear access pedestrian gate. There is one allocated parking space.
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
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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 Old Station Close, Cheddar
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