2-bedroom terraced house
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom cottage set within the popular Victoria Court development close to Ilminster town centre.
Offering spacious accommodation including a living/dining room, fitted kitchen, cloakroom, two bedrooms, bathroom, and a separate shower room, together with attractive communal gardens and allocated parking Situated within the highly regarded Victoria Court development within Ilminster town centre.
This charming Grade II listed two-bedroom cottage offers well-presented accommodation in a convenient location and benefits from an allocated parking space.
The property features a light and spacious living/dining area, fitted kitchen, downstairs cloakroom, two generous bedrooms with ensuites to both.
Enjoying an attractive outlook and access to beautifully maintained communal gardens, the property provides comfortable, low-maintenance living within easy reach of Ilminster's shops, amenities and transport links.
An ideal home for those seeking a peaceful and secure community setting Situation Ilminster is a medieval former 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 with many character properties built of the local mellow Hamstone.
The ancient Minster dominates the centre of the town. Ilminster offers a full range of amenities including doctors, dentist, shopping facilities and weekly market.
The town also benefits from an arts centre and theatre. There is schooling at primary and intermediate levels and churches of various denominations.
Ilminster has convenient road access to both the M5, junction 25 lies 11 miles to the north-west and to the A303, now dual carriageway most of the way to the M3.
Services & additional information Mobile & Broadband: The property benefits from mobile coverage from a range of providers, including 3, EE and Vodafone.
Full Fibre broadband is available, with speeds of up to 1,600 Mbps download and 115 Mbps upload. Services & outgoings: Mains water, drainage, electricity and gas central heating are connected.
Local Authority: Somerset Council Council Tax Band: C Flood Risk: The property is situated in an area identified as having a very low risk of flooding from surface water and the sea.
Maintenance/Service Charges: A monthly service charge of £149.00 is payable and includes water rates, buildings insurance, external and communal maintenance, window cleaning, and the upkeep of the communal grounds and shared areas.
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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