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See how verdicts work3-bedroom detached house · TA20 3LY
Listing removedReduced £75k (−12.5%) on 20 JunListed 489 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptionally smart 3 bedroom detached cottage having recently undergone significant refurbishment on the outskirts of a highly desirable village within easy reach of amenities.
EPC: E Smithycroft comes to the market after a comprehensive refurbishment programme and provides a rare opportunity to acquire a quintessential Somerset thatched cottage which is not only unlisted but also is ready to move straight into.
The current owner has comprehensively restored the property with a non-exhaustive list of works including stripping the thatch back to the rafters, adding fireboarding and re-thatching, re-pointing the rear elevation and replacing with lime mortar, upgrading the windows to modern double glazing, re-modelling the first floor, replacing the hot water system and landscaping throughout.
Much of the many other improvements such as the replacement kitchen and bathrooms are very evident and the property must really be viewed to appreciate these points.
The cottage is currently run as a 5 star holiday let and has been since 2019 (Details can be found using the property address on the Rural Retreats website).
The plot in total extends to just under 1/4 acre and has been landscaped by the current owners to minimise maintenance.
There is a generous easy to manage area for the purpose of entertaining and enjoyment with a mixture of patios, gravelled spaces and rockeries.
There is also the benefit of further garden which is predominantly left to wild amongst the woodland.
To the front of the cottage there is the benefit of an off-road driveway and a carport providing extra covered parking.
Smithycorft is located at the very heart of this popular South Somerset village and within a short walking distance of the village centre. Combe St.
Nicholas is a thriving community with an excellent range of local amenities including post office, general store, pub, primary school, church and village hall.
There is a regular bus service into Chard which caters for most daily needs and the County Town of Taunton is just 12 miles away with access to the M5 motorway and intercity rail service (London Paddington).
The World Heritage Jurassic Coast is about 16 miles to the South at Lyme Regis.
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
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FAQ
About Smithycroft,, Combe St. Nicholas, Somerset
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