3-bedroom terraced house · TA24 6BP
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Grade ll listed cottage on a quiet road in Minehead. This property is in need of complete renovation and is offered to the market with no onward sales chain.
Description: Bay Tree Cottage is a charming, attractive Grade ll listed cottage in need of modernisation.
The property offers three bedrooms, an open plan living/dining area, cellar and a small courtyard garden can be found to the rear.
In brief the accommodation comprises, opening into the entrance hall you will find stairs to first floor and a door to living/dining room.
The spacious living/dining room offers a dual aspect with sash windows to the front elevation and a window to the rear elevation overlooking the courtyard garden, ample space for dining table and chairs, integrated fireplace with wood burning stove on a slate hearth and decorative timber surround.
The kitchen offers a shaker style fitted kitchen with dual aspect windows and a door to courtyard garden, a four ring gas hob with oven below and extractor hood above and a ceramic sink with mixer tap and drainer.
On the first floor you will find two bedrooms and the family bathroom. Bedroom 1 is a double bedroom with a sash window to the front elevation and integrated storage cupboards.
Bedroom 3 has a window to the rear elevation, radiator and fitted carpet.
The family bathroom offers a dual aspect with windows to rear and side elevations, a panelled bath with shower over, pedestal toilet, hand wash basin and integrated storage cupboard housing the water tank.
On the second floor you will find bedroom 2 which has a window to the side elevation and integrated eaves storage.
Services and outgoings; We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating. Council Tax: Somerset Council—Band A.
Additional information: Broadband: FTTC—Superfast broadband is available—highest available download speed 80 Mbps, highest available upload speed 20 Mbps. (Openreach).
Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
Situation: The seaside town of Minehead is commonly known as the gateway to the Exmoor National Park where there are many interesting walks and other country pursuits to be enjoyed.
The town boasts a wide range of shopping, leisure and recreational facilities along with First, Middle and Upper Schools.
The County town of Taunton is approximately 25 miles distance with its wider range of shops and access to the motorway network and mainline railway station.
Many of the renowned attractions of West Somerset and the Exmoor National Park are also within short distance along with the rugged North Devon coast line.
Outside and gardens: The rear of the property can be accessed through the kitchen door, you will find a small enclosed courtyard garden which has been paved and is a pleasant area for alfresco seating/dining.
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 Brook Street, Minehead, Somerset, TA24
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