We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BS27 3DF
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set close to the village amenities is this well proportioned two bedroom ground floor apartment with allocated parking and its own private rear garden.
The apartment is perfect for first time buyers, downsizers and investors alike.
You are immediately welcomed into a large living space where there is space for a sitting area and a dining room table with two front aspect widows.
The kitchen is fitted with wall and base units and provides space for white appliances. There is a family bathroom which is fitted with a panelled bath, WC and pedestal sink.
There are two double bedrooms at the rear. The larger bedroom enjoys garden views with a large rear aspect window with the smaller providing access into the rear courtyard.
Outside Externally the property benefits from an allocated parking space at the front of the property and access into the rear courtyard.
The courtyard is laid to artificial grass and is fully enclosed with fencing and is perfect for low level entertaining.
Location Situated at the foot of the Mendip Hills, Cheddar is an ideal base from which to enjoy wonderful country walks. Road links are excellent, with easy access to the A38.
Bristol is only 30 minutes away and the M5 motorway approximately 20 minutes.
Public transport is well represented with a bus service passing through the village every hour linking Cheddar with Axbridge, Weston Super Mare and Wells.
Bristol International Airport is 25 minutes away. Please note, the village is not under the flight path therefore aircraft noise is not a consideration for residents.
Local attractions include Cheddar Gorge, Wookey Hole Caves, Glastonbury Tor and the seaside at Weston Super Mare.
The village itself has a wide range of shops to cater for everyday needs, bank, and a Post Office as well as doctor and dentist surgeries.
There is a three-tier school system where children up to the age of nine attend the First School, then move on to Fairlands Middle School and finally on to The...
Tenure Leasehold Heating Gas Central Heating Services All Mains Services Local authority Sedgemoor District Council Council Tax Band B Viewings Strictly by Appointment Only - Please Call Cooper and Tanner Directions From our office in Cheddar, proceed to the market cross, then turn right and proceed along Bath Street which leads to Wideatts Road.
Take the left into Old Station Close, then the property can be located in the middle on the left hand side.
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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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
Agent & docs

FAQ
About Old Station Close, Cheddar, BS27
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