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See how verdicts work2-bedroom flat · TA20 1AT
For saleReduced £30k (−26.1%) on 21 OctListed 544 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and recently refurbished 2 bedroom first floor apartment with a generous garden providing an excellent rental yield within walking distance of amenities. EPC: Band C.
This spacious 2 bedroom apartment has recently undergone refurbishment by the current owners and offers well-proportioned accommodation close to amenities.
The property has been recently improved and renovated by the current owners and there is currently a tenant in place (Notice has been served but they would be happy to stay).
at a rent of £825pcm giving a yield of 8.35% with a purchase price of £115,000.
Boasting almost 700 ft2 accommodation briefly comprises of a kitchen/dining room, sitting room, 2 bedrooms and a bathroom.
To the front and side of the property there is a small area of garden and a useful storage shed which provides access to the large garden at the rear.
The rear lawn is bordered by a mixture of mature shrubs and trees and overlooks the recreation ground. Note: There is a right of way for the ground floor apartment to access their garden.
NB: The property is built of non-standard construction. The property is located on the northern outskirts of Chard about 0.75 mile from the town centre.
There are a good range of shops, major supermarkets, health services, schools and recreational facilities nearby.
The County Town of Taunton is about 14 miles to the north and the South coast at Lyme Regis a similar distance.
ADDITIONAL INFORMATION Broadband: FTTP—Ultrafast broadband is available—highest available download speed 1600 Mbps, highest available upload speed 115 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%).
Flooding from groundwater and reservoirs is unlikely in this area.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Furzehill, Chard, TA20
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