Modern Method of Auction
Auction date not yet published
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 work1-bedroom flat · TA6 3LG
For saleListed 486 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Friary Wall on Horse Pond Lane, this delightful top floor one-bedroom flat offers a perfect blend of comfort and convenience.
Just a short stroll from the bustling town centre of Bridgwater, residents will enjoy easy access to a variety of shops, cafes, and local amenities, making it an ideal location for those who appreciate both tranquillity and vibrancy.
The flat itself is spacious and airy, providing a welcoming atmosphere that is perfect for relaxation.
Large windows allow natural light to flood the living spaces, creating a bright and inviting environment.
The well-designed layout maximises the use of space, ensuring that every corner of the flat feels open and inviting, in addition the property has allocated parking for one vehicle.
Ideal for a first-time buyer or investment.
Accommodation All measurements are approximate Hallway Entrance door into inner hallway with intercom system, loft access, wall mounted central heating control and smoke alarm Bathroom (2.77m x 2.49m (9'1 x 8'2)) Spacious bathroom with white suite comprising of a panel bath with electric shower over, pedestal wash hand basin, low level WC, tiling to compliment, double glazed window to front, radiator, shaver point Bedroom 1 (3.43m x 2.97m (11'3 x 9'9)) Double glazed window to rear, radiator, please note measurement into eaves, limited headroom Lounge Area (4.60m x 3.73m (15'1 x 12'3)) Dual aspect double glazed windows to front and side aspect, two radiators Kitchen Area (2.87m x 2.67m (9'5 x 8'9)) Range of wall and base units with contrasting roll edge work top, stainless steel single drainer sink with mixer tap, tiled splash backs, integrated electric cooker with gas hob and extractor fan over, double glazed window to rear.
Space and plumbing for washing machine and further space for tumble dryer/fridge Outside There is an allocated parking space and a bin store, and well maintained raised beds Sold Via Secure Sale Online Bidding Terms and conditions apply.
Starting Bid £110,000 Auctioneers Additional Comments Pattinson Auction are working in Patnership with the marketing agent on this online auction sale and referred to below as 'The Auctioneer'.
This acution lot is being sold either under conditional (modern) or unconditional (Traditionnal) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via Tamlyns or the Auctioneer, offers can be made via Tamlyns or the auctioneers website.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed all bidderes/buyers will be required to adhere to a verification of identity process in accordance with Anit money laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedures are carried out in accordance with the law.
The advertised price is commonly referred to as a 'starting bid' or 'Guide Price' and is accompanied by a 'Reserve Price'.
The 'Reserve Price' is confidential to the seller and the auctionner and will typically be within a range above or below 10% of the 'Guide Price/'Starting Price'. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property to be sold prior to the end of the auction.
Legal Pack A legal pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The legal pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price. A non-refundable reservation fee of 6% in VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The reservation fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both Tamlyns and the Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
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 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 9, Friary Wall, Bridgwater
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