Modern Method of Auction
Auction date not yet published
2-bedroom flat · TA2 7TH
For saleReduced £5k (−4.8%) on 4 SepListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Onward Chain. Starting bid £120,000 invited. This delightful two-bedroom ground-floor apartment is located in the heart of Taunton town and is offered to the market with no onward chain!
In brief, the accommodation comprises an entrance hall, kitchen, lounge/dining area, two good-sized bedrooms and a family bathroom, fitted with a bath and overhead shower.
Externally, the property benefits from one allocated parking space.
Massingham Park is a well-maintained development, located just a short distance from Taunton town centre, which offers easy access to local shops and amenities.
The mainline train station is approximately one mile from the property, making it an ideal home for commuters or working professionals. There is also good access to the M5 motorway at junction 25.
** Auctioneer Comments ** This property is offered through Modern Method of Auction. Should you view, offer or bid, your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This fee is paid in addition to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
Value & comps
No previous sales on record.
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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 starting price
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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 107, Massingham Park, Somerset
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