Modern Method of Auction
Auction date not yet published
3-bedroom house · BA4 5NJ
For saleReduced £30k (−13.6%) on 21 AugListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a quiet cul-de-sac, this three-bedroom mid-terrace home presents an excellent opportunity for first-time buyers, investors, or anyone looking to create a home tailored to their own tastes.
In need of modernisation, the property offers spacious accommodation including a good-sized lounge, a fitted kitchen with oven and gas hob, and a useful utility area with space for a washing machine.
Upstairs, there are three bedrooms, comprising two generous double bedrooms and a further single bedroom, along with a family bathroom fitted with a bath and overhead shower.
Externally to the front of the property there is a front garden with the potential to make a driveway subject to planning.
To the rear, there is a private enclosed garden laid mainly to lawn, complemented by an extended patio area, ideal for outdoor dining and entertaining.
Offered to the market with no onward chain, this property provides a fantastic opportunity for buyers seeking a straightforward purchase with plenty of potential.
Why Buy with the Modern Method of Auction?
• Clear process – full legal pack available upfront • Mortgage-friendly – up to 56 days to complete • Fair bidding – online or by phone, in real time • Confidence – secure your property with a reservation fee • Quicker move – average completion just 22 days A straightforward and secure way to buy your home.
************************************************************* This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 6, Victoria Grove, Somerset
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