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See how verdicts work2-bedroom terraced house · TA19 9AB
Listing removedReduced £25k (−13.5%) on 20 JunListed 394 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom Grade II listed property with useful attic space and situated just a short distance from the centre of Ilminster and offered with no onward chain.
A welcoming and centrally situated two bedroom, Grade II listed home with flexible accommodation.
In brief the property comprises a sitting room, kitchen/dining room, utility and bathroom to the ground floor with two bedrooms to the first floor and a useful attic space to the second floor.
The sitting room is an intimate and cosy setting to unwind and socialise whilst the well-appointed kitchen has ample room for a dining table and is fitted with all essential mod-cons.
The utility is a really useful addition and accommodates further appliances and beyond this is the family bathroom.
The two bedrooms are both well-proportioned and are serviced by the family bathroom to the ground floor.
Although not technically a bedroom, the attic has the advantage of being accessed via a staircase from the second bedroom and could be utilised in a number of different ways, depending on one’s needs.
It would make an excellent first home whilst retirees will appreciate its close proximity to local amenities and investors the chance of a good income stream.
Ilminster is a medieval market town, situated about 12 miles south east of the county town of Taunton.
Surrounded by undulating open countryside designated a Special Landscape area, the majority of the town falls within a Conservation Area.
Ilminster is well served by Tesco supermarket, co-op and various independent stores including dairy shop, traditional butcher, grocer, clothing boutiques and homewares store.
There are two doctor’s surgeries and a dentist. Other notable benefits include a library, weekly market, restaurants, pubs, cafes, bakeries, hairdressers, beauty salons, gym and soft play centre.
Creative types will enjoy Ilminster Arts Centre, a vibrant arts centre with its own café, art gallery and theatre.
Local schooling can be found at Herne View a Church of England Primary School with secondary schooling found in the nearby towns of Crewkerne and Chard.
Ilminster has convenient road access to both the M5, A303 and A358. Mainline railway stations are situated at Crewkerne 7 miles (London Waterloo) and Taunton 13 miles (London Paddington).
To the rear is a courtyard garden which 28 West Street has access rights across to a designated spot directly behind the property for sole use of number 28.
Please also be aware there is no designated parking with the property although unrestricted on-road parking can be found nearby.
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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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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FAQ
About 28, West Street, Somerset
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