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See how verdicts work4-bedroom terraced house · TA23 0BN
For saleReduced £20.1k (−6.3%) on 14 JulListed 1002 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantial 3 storey terraced house situated in an elevated position with panoramic sea views and offering 4 double bedrooms, characterful and spacious living accommodation, parking and a generous garden.
The top floor offers flexibility for annex space with a kitchenette already having been installed.
Benefitting from double glazing and gas central heating, the accommodation comprises, on the ground floor - porch, entrance hall, sitting room with wood burner, dining room, utility area and a well appointed kitchen.
On the first floor there is a generous master bedroom with ensuite shower room and a further double bedroom. The 2nd floor offers 2 double bedrooms and a generous bathroom.
One of the bedrooms has already been fitted with a kitchenette meaning there is potential for annex use.
Externally the property is accessed over a private road shared with the other houses in the terrace. This leads to off road parking for 2 cars, from where steps lead up to a front patio.
The rear garden has been laid to lawn with a huge variety of mature shrubs and trees.
Located at the top of the garden is a timber studio (in need of some maintenance) and a decking area from where the fantastic sea views can be enjoyed.
The property is situated in an elevated position on the edge of the town. Watchet is a thriving historic harbour town with a marina for boating enthusiasts.
The town has a good range of facilities meeting most everyday needs as well as a large variety of independent antique, gift and art shops.
Watchet has a station on the West Somerset Heritage Steam Railway - the longest in the country which links it to the coastal resort of Minehead.
Set between the Quantock and Brendon Hills and the Exmoor National Park this is a great area for walking and outdoor pursuits.
Taunton (18 miles), the county town, gives access to the motorway network and fast trains (from 1 hour 40 minutes) to London.
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 5, Saxon Close, Watchet
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