2 × 2-bed bungalow · TA4 1RB
Listing removedListed 43 days
Opportunity summary
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About
A two-bedroom bungalow situated on the outskirts of Milverton, offering excellent renovation potential. Kitchen, sitting room, dining room, shower room, outbuildings, large garden.
Council Tax Band D, Freehold, EPC F.
Situation The property is located on the edge of the village of Milverton, which offers a range of local amenities including a post office, village store, church and primary school.
The nearby town of Wellington, approximately five miles away, provides a more extensive range of shopping, leisure and educational facilities.
The county town of Taunton lies around nine miles distant and offers a wide selection of high street and independent shops, sporting amenities and highly regarded schooling.
Taunton and Wellington both provide convenient access to the M5 motorway at junctions 25 and 26.
Taunton also benefits from a main line railway station, with regular services to London Paddington, which can be reached in under two hours.
Description A two-bedroom bungalow situated on the outskirts of Milverton, offering excellent renovation potential. The accommodation includes a kitchen, sitting room, dining room, and shower room.
Outside, the property benefits from a generous garden along with a workshop/store. Accommodation A flight of steps leads to a covered porch, with door opening into a welcoming entrance hall.
From here, a door provides access to the kitchen, which is fitted with a range of base units with work surfaces over, incorporating a single sink with double drainer.
There is also a useful pantry and airing cupboard, together with space for a washing machine and oven.
A further door from the hall leads to an inner hallway, which in turn gives access to the principal accommodation.
The sitting room featuring a fireplace and further window, opens through to the dining room which is dual aspect.
Bedroom one is a well-proportioned double room with built-in wardrobe and a front aspect, while bedroom two is also a double.
The accommodation is completed by a shower room, fitted with a shower, WC and wash hand basin.
Outside The property is accessed via a private drive and has a wrap around garden mainly laid to lawn with shed, and further useful workshop and store. Services Mains gas, electric and water.
Private drainage. Mobile coverage is good outdoor with EE, good outdoor and in-home with O2 and good outdoor, variable in-home with Three and Vodafone (Ofcom).
This property has standard broadband (Ofcom). Viewings Strictly by appointment with the vendor's selling agents, Stags, Wellington Office.
Directions From Wellington head in a northerly direction for approximately 4.5 miles whereupon Milverton will be reached.
Continue down into the village and at the Milverton village stores take the next left hand turning into St Michael's Hill, at the end of that road turn left and follow that road for approximitely 0.6 miles and the property will be found down a drive on the right hand side.
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
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FAQ
About Parkwood Bungalow, Milverton, Taunton
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