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See how verdicts work2-bedroom flat · TA18 7LX
For saleReduced £5k (−3.8%) on 22 SepListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a two bedroom second floor apartment situated in the heart of the Town Centre.
The property has been a successful rental property for a number of years and benefits from communal gardens, security phone system and an allocated parking space.
In brief the accommodation comprises entrance hall, sitting/dining room, kitchen, two bedrooms and a bathroom. The property is being sold with no onward chain.
Entrance Hall Cloaks cupboard, night storage heater and an airing cupboard housing the hot water cylinder.
Sitting/Dining Room (4.55 x 3.84 (14'11" x 12'7")) With a bay window to the front aspect, window to the side, two night storage heaters and a door into: Kitchen (2.41 x 2.18 (7'10" x 7'1")) Fitted kitchen comprising wall and base units drawers and work surfaces over.
Stainless steel sink/drainer, built in oven, hob and an extractor fan over. Washing machine and fridge and tiling to all splash prone areas.
Bedroom One (3.86 x 2.90 (12'7" x 9'6")) With a window to the rear aspect, fitted wardrobe and a night storage heater.
Bedroom Two (2.77 x 2.74 (9'1" x 8'11")) With a window to the rear aspect, built in wardrobe and a night storage heater.
Bathroom Suite comprising panelled bath, low level WC, wash hand basin, extractor fan, tiling to all splash prone areas.
Outside Falkland House stands within charming walled communal gardens, flower borders and a private pedestrian access from Market Street. One allocated parking space and communal bin store.
Agents Note Council Tax Band - B. Mains water, drainage and electricity. The property is leasehold, the lease is 999 years from 1988.
The service charge is £193 per quarter and the ground rent is £50 per annum, payable to Falkland House Management Company. An electrical certificate was carried out in May 2024.
The property is being sold with no onward chain.
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.
Area
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FAQ
About Flat 11, Falkland House, Crewkerne
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