2-bedroom flat · TA1 5AP
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A communal entrance hall with a staircase rising to the first floor, step inside through a timber front door into a spacious L-shaped hallway with a door entry intercom providing access to all principal rooms.
The bright and spacious lounge has two double-glazed front-facing windows, creating a light and airy living space.
Character features include a period-style fireplace with a timber surround and mantel, tiled back plate, decorative cornicing, and picture rails.
The galley-style kitchen comprises a range of wall and base units with a range of work surfaces, with a stainless steel sink, an inset electric hob with cooker hood above, and a built-in electric oven below.
There is space and plumbing for a washing machine, along with space for an under-counter fridge. Double-glazed window, spot lights and vinyl flooring.
The property offers two generously proportioned double bedrooms, both retaining attractive period features including decorative cornicing and picture rails.
The bathroom comprises a panelled bath with a wall-mounted electric shower, an additional handheld shower attachment, and a folding glazed shower screen.
Pedestal wash hand basin with tiled splashback, extractor fan, electric heater, shaver socket, vinyl flooring, and a double-width airing cupboard with an additional storage cupboard above.
With a separate WC with an double-glazed window and vinyl flooring. Outside, the property benefits from one allocated off-road parking space located to the rear of the building (Space No.
2), which is the middle one of the three designated parking spaces.
Agents Note : Agents Note : Tenure: Leasehold (974 years left) As an owner you will have one third share of the freehold of the building.
From our offices in the High Street turn right onto Upper High Street/ A38. Take a slight left onto Wellington Road/A38.
Where the property can be found after a short distance on your right hand side . Using What Three Words ///trick.bets.pines
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 Flat 2, 56, Wellington Road, Somerset
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