2-bedroom terraced house · TA24 6EN
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming Grade II listed 2 bedroom terraced period cottage tucked away in a delightful position in Old Alcombe close to superb moorland walks in the lovely Alcombe Combe.
And convenient for local shops and amenities.
Dating back to 1865 the cottage forms part of a terrace of 9 cottages together with a small spiritualist Chapel and is convenient for local shops and amenities.
The property is approached over a shared pathway giving access to the cottages.
A stable door opens up into the porch with oak door opening into a cosy sitting room with stone feature fireplace, and archway to an open plan style dining room and kitchen overlooking the rear garden and fitted with a range of base and wall units with beaded edge work tops, stainless steel single drainer sink unit, plumbing for washing machine and part tiled surrounds.
Staying on the ground floor is a bathroom fitted with a modern three piece white and chrome suite with shower over the bath and a rear hallway with access to the rear garden.
An enclosed staircase from the sitting room rises to the first floor landing off which are two bedrooms with the principal room having a range of fitted wardrobes and enjoying delightful views over the front gardens towards the coast.
To the front is a level flower and shrub garden with a timber summerhouse. To the rear is an enclosed walled garden with flower and shrub borders, central heather bed and pleasant seating areas.
Services Mains water, drainage, electricity and gas.
Tenure Freehold Council tax band B From our offices in Friday Street turn left heading towards Alcombe into the continuation of Townsend Road passing the fuel station on the right hand side.
On reaching the mini roundabout at Alcombe bear left passing the shopping parade and then take the next right hand turn into Church Street.
Follow the road to the small crossroads turning right into Manor Road past the Britannia Inn on the left hand side.
Proceed for around 100 yards where the pedestrian entrance to Grove Place will be found on the left hand side up some steps through a stone archway.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 3, Grove Place, Minehead
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