2-bedroom flat · TA24 8BZ
For saleListed 153 days
Opportunity summary
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About
BEAUTIFULLY PRESENTED TWO-BEDROOM MAISONETTE - forming part of an attractive former hotel, enviably situated on the slopes of the highly sought-after North Hill area of Minehead.
Converted approximately thirty years ago into four individual residences and managed by Bridgedale Court Management Company Limited, the property enjoys the benefits of gas-fired central heating, delightful views across the town towards the surrounding hills, a private garden area, and an allocated parking space.
The accommodation is thoughtfully arranged over two floors and, in brief, comprises a communal entrance door opening into an elegant entrance hall, with stairs rising to the first floor.
A private front door leads into the hallway, providing access to the lounge and kitchen, together with bedroom two, and benefiting from an understairs storage cupboard, radiator, and staircase rising to the second floor.
The lounge is a particularly well-proportioned and light-filled reception room, enhanced by an attractive newly re-fitted bay window with delightful views across the town towards the surrounding hills.
The kitchen is modern and beautifully appointed with a breakfast bar.
Fitted with a comprehensive range of wall and base units with work surfaces incorporating a sink and drainer with stylish glass splashback.
Integrated appliances include an oven with hob and extractor hood above, whilst there is further space and plumbing for a washing machine. Dual aspect windows to the front and side elevations.
Bedroom two is a comfortable double room enjoying a pleasant rear aspect via two windows. To the second floor, a landing area provides access to an airing cupboard housing the gas-fired boiler.
The principal bedroom is an attractive room featuring a walk-in wardrobe, radiator, loft access, and a Velux-style window enjoying delightful elevated views.
The bathroom is modern and comprises of bath, separate walk-in shower, WC and wash basin.
Character features include an attractive beamed ceiling with inset downlighters, complemented by a heated towel rail and a Velux-style window to the side elevation.
Outside there is a private garden area predominately laid to lawn. There is also an allocated parking space.
TENURE: The property is Leasehold and is held under the terms of a Lease dated the 26th May 1995 granted for the term of 999 years from the 25th March 1989.
There is a service charge payable under the terms of the Lease which currently amounts to £1,620 per annum.
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
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FAQ
About Western Lane, Minehead
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