2-bedroom flat · TA4 2PP
For saleListed 19 days
Opportunity summary
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About
We are delighted to offer for sale this two double bedroom apartment in The Malthouse in Wiveliscombe.
From the communal hall with intercom system, there is access up three flights of steps to the private hall, large living/dining room, smart modern kitchen (Foremost) with modern neff appliances and shower room.
There is a pleasant outlook from all windows and a high standard of internal decoration. The property benefits from electric heaters, double glazed windows and is in good decorative order.
There is an allocated parking space outside the development and residents have use of the communal garden which is 100 yards from the entrance to the building.
The apartments are Leasehold for a term of 999 years from the 25th December 1988. The vendor advises us that the current monthly contribution is £85 per month.
The Wiveliscombe area is the best kept secret in Somerset with rolling green hills and peaceful unspoilt countryside, whilst maintaining excellent access to communities in Taunton, 11 miles with main line railway station and M5 access junction 25 and Wellington junction 26 is 7 miles from Wiveliscombe.
Wiveliscombe town offers an unusually wide range of services including post office, doctors surgery, vets, chiropodist, library, churches, public houses, community office, primary and secondary schools with excellent reputations and a recreation ground with heated outdoor swimming pool, cricket and rugby pitches and tennis courts.
Exmoor National Park is close at hand as well as the Quantock and Brendon hills providing open country for walking, riding, mountain biking and access to the beautiful West Somerset coastline.
Services: Mains electricity, water and drainage are connected.
Tenure: Leasehold Council Tax Band: B Local Authority: Somerset Council One can approach The Malthouse on foot from our office along Silver Street, onto Golden Hill and through the private gate on the right hand side.
Alternatively, by car, one approaches via Hauling Way and turn left onto The Old Brewery site and drive right to the top (beneath the tower and chimney) where you will find the property (TA4 2PP).
What3words: Using What3words Smart Phone App. For those who already use this Geolocation App device for your smartphone – Type in the following three words: Brother.spinners.invite.
Porch Hall Living/Dining Room 5.38m (max) x 5.18m (max) Kitchen (2.5m x 1.83m) Bedroom One (4.88m x 2.74m) Bedroom Two (3.89m x 2.26m) Shower Room (2.16m x 1.78m) Communal Gardens Parking Space
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.
Area
Agent & docs
FAQ
About 11 The Malthouse,, Hauling Way, Taunton
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