We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · TA19 0QE
Listing removedReduced £25k (−14.3%) on 25 JunListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delightful Grade II listed two-bedroom cottage, recently professionally renovated to create a stylish and spacious home while retaining its period character Guide Price £175,000 to £225,000 * Buyers Premium Applies For sale by public auction.unconditional online auction.
. Register on this lot today. The legal pack can be downloaded from our website, .
Town & Country Property Auctions are delighted to offer For Sale by Public Auction this delightful Grade II listed two-bedroom cottage, recently renovated to create a stylish and spacious home while retaining its period character.
Improvements include a reconfigured open-plan kitchen/living space, modern shower room, new kitchen, replacement windows, updated electrics and plumbing, and a wood-burning stove.
The property offers two first-floor bedrooms, a contemporary walk-in shower room, and a bright open-plan living area.
A particular highlight is the unexpectedly large rear garden, enjoying a high degree of privacy and peaceful open countryside views, with patio seating areas, lawn, and workshop/outbuilding.
Situated in the sought-after village of Seavington St Mary, close to local amenities, South Petherton, Ilminster, and the A303. Offered with no onward chain.
The property will be entered into our 15th July auction which is held online and starts at 10am. You must register to bid and download the legal pack. Property features One Bedroom .
One Reception Room . Private Garden . Parking . Council Tax Band: B . Market Value: £225,000 . Rental Value Per Month: £1200 . Freehold .
28 Day Completion Viewing arrangements The property is available for viewing immediately, please call us on .
Please also contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
Unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the legal documents'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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
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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 advisers 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
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FAQ
About 3, Ilminster
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