2-bedroom terraced house · TA24 5PE
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive two-bedroom mid-terrace house situated within easy reach of town centre amenities with delightful garden and off road parking space.
Of cavity wall construction under a pitched roof, this lovely property benefits from gas fired central heating and double glazing throughout, a cloakroom, the off road parking space and surprisingly large garden with lovely views.
Internal viewing is highly recommended to appreciate the accommodation offered.
The accommodation comprises in brief: entrance through front door into hallway with stairs to the first floor, storage cupboard, door to the fitted cloakroom, door to the lounge and open access to the kitchen.
The kitchen is fitted with a range of wall and base units, sink and drainer incorporated into work surface with tiled surrounds, integrated oven with gas hob and extractor hood over, space for a tall fridge freezer and space with plumbing for a washing machine.
There is also a window to the front. The lounge diner is a good-sized room to the rear of the property with window to the rear and French doors opening out to the garden.
To the first floor there is a landing area with access to the boarded loft and doors to the bedrooms and bathroom.
The master bedroom is a good-sized room to the front of the property with two windows and fitted wardrobe. The second bedroom has an aspect to the rear with far reaching views.
The bathroom is fitted with a modern suite and has an obscured window to the rear. Outside to the front, the property is accessed over a raised walkway rising from Watery Lane.
Steps rise from the walkway leading to the front door with an area of garden to the side planted with attractive shrubs. The rear garden is a particular feature of this property.
Immediately outside the lounge diner there is a decked area perfect for al fresco dining or enjoying the lovely garden.
A step leads down to the first part of the garden which has an area laid with gravel, a pathway with flower beds on either side and fenced boundaries.
At the bottom of this area there is a paved space with shed and gated access to a good-sized vegetable plot. There is also a rear access path shared with adjoining owners.
The off road parking space is adjacent to the end of the terrace.
Value & comps
No previous sales on record.
Returns
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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.
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