2-bedroom semi-detached house · BA4 4NA
For saleListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Situated on the southern edge of the town this property has been improved by the current owner to include a new roof and damp proof course to the sitting room.
The outdoor space is versatile to provide parking for several vehicles and for use as a formal garden.
The property is entered from the front, through a double glazed entrance door into the kitchen / breakfast room which is fitted with a range of cream base, drawer and glazed wall units incorporating single drainer sink unit and work surfaces, gas hob, single oven, space for free standing fridge / freezer and space and plumbing for washing machine.
There is a decorative brick arch in the former chimney breast, a wall mounted gas boiler, a walk in larder cupboard under the stairs and a tiled floor. A door connects through into the sitting room.
This light and airy room has a feature brick fireplace with raised hearth and wood effect floors.
A door and staircase rising to the first floor accommodation with built in storage cupboard to the side On the first floor, the landing gives access to the two double bedrooms with double glazed window to the front; one with a built in cupboard.
The bathroom is fitted with a white suite of panel enclosed bath with mixer tap shower attachment, low level wc and pedestal wash hand basin.
OUTSIDE The property is approached across the shared driveway passing in front of the neighbouring property, through double metal gates into the parking / garden which is solely for the use of 2 Church Lane.
The garden has been designed for low maintenance and gravelled to provide parking for several vehicles. When the gates are closed the property is fully enclosed and south facing.
This space is a blank canvas for any keen gardeners. ADDITIONAL INFORMATION Gas fired radiator heating system. Mains water, electricity and gas are connected to the property.
There is private drainage. Council tax band B.
LOCATION Cannards Grave is a small hamlet located on the southern edge of Shepton Mallet and is within commuting distance of Wells, Glastonbury, Bath, Bristol, Frome and Castle Cary with its main line station to Paddington London.
There is a new fuel station / convenience store within walking distance as well as two public houses.
Value & comps
No previous sales on record.
Returns
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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 Church Lane, Cannards Grave, Shepton Mallet, BA4
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