2-bedroom house · TA13 5DD
Listing removedReduced £25k (−9.4%) on 20 JunListed 221 days
Opportunity summary
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About
Delightful and charming character cottage within walking distance of the plentiful amenities of South Petherton.
The current sellers have had mains gas connected, during their ownership which has made a substantial difference to the energy performance rating which has been assessed as a C rating.
Boasting many original features to include flagstone flooring, sash windows and window shutters, the well presented accommodation comprises sitting room with log burner, dining area, kitchen and utility room on the ground floor.
Upstairs are two bedrooms and the family bathroom. To the rear of the property is a private enclosed garden.
Approach The cottage is positioned at the top of Palmer Street, just as the road curves around to become Compton Road.
The cottage, unusually, is red brick compared with its hamstone neighbours Ground Floor The cottage is considerably wider than its neighbouring properties, boasting an entrance hall with original stone flooring.
A door on the right leads to a welcoming sitting room with log burner and ample room for furniture.
Continuing along the entrance hall you enter the kitchen / diner which has an impressive number of wall cupboards, understairs storage and space for a dining table.
There is also a door leading to the utility room and rear, garden door.
First Floor From the top of the stairs are two double bedrooms, the master being particularly impressive with its wall of built in storage and characterful shuttered windows.
The current owners have set this large room up as an office space, preferring the second bedroom as a more cosy room for sleeping. There is also a bathroom with bath, wc and wash hand basin.
Rear Garden The rear garden is raised up steps and has a lovely range of plants and shrubs. Immediately outside the back door is an area, beneath decking, for storage.
There is a grassed area as well as a patio terrace - ideal for al fresco dining, a garden shed, compost area and log store.
This cottage is one of the few which benefits from a rear gate leading to a back alley ideal for taking out bins and recycling or for a quicker access to rural walks and the nearby allotments.
Material Information Freehold Character cottage dating back to 1870 EPC - C Council Tax - B Services - Mains electric, gas, water and drainage Log Burner Combi Boiler - Located in the bathroom cupboard.
Under 2 years old and we are reliably informed by the vendor it has been regularly serviced Double Glazing - 2 years old Loft - Ladder and lighting Parking - On road Broadband Speed - 1800mbps (Ofcom Broadband Checker) Flood Zone 1 - This property has low risk of flooding from rivers and sea ()
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
Agent & docs
FAQ
About 9, Palmer Street, South Petherton
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