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See how verdicts work2-bedroom house · DT9 5AG
Listing removedReduced £6k (−3.9%) on 9 JulListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Grade II listed character property full of original features and in need of modernisation throughout, offering fantastic potential.
The home includes three rear reception rooms and former shop rooms to the front (see agent’s note). Outside, there’s a mature rear garden with established shrubs.
Description Charming Character Property Sold via the Modern Method of Auction .
This unique character property is full of charm and original features and offers an exciting opportunity for those looking to create a home to their own taste.
In need of modernisation throughout, the property provides excellent scope for improvement.
To the rear, you’ll find three generous reception rooms, offering flexible space for living, dining, or working from home and upstairs two bedrooms and bathroom.
The front of the property includes former shop rooms (see agent’s note), adding further versatility and potential for a range of uses.
Outside, the mature rear garden with established shrubs provides a peaceful outdoor space ready to be enhanced.
A rare opportunity to acquire a distinctive character property with huge potential, available through the Modern Method of Auction.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Hallway Door leading to the stairs to the first floor and an under stairs cupboard. Lounge Single glazed window to the side, flag stone flooring, log burner and a radiator.
Dining Room Single glazed door and window to the side, tiled flooring, sky light, wall mounted gas central heating boiler and a radiator.
Conservatory Double doors to the front and rear of the room and integral doors into the lounge.
Kitchen Wall and base units, work surfaces, space for a fridge/freezer, tiled flooring, sink and drainer and plumbing for a washing machine.
Landing Single glazed window to the side, large cupboard and an exposed stove.
Bedroom One Single glazed window to the side with a feature stone arch and window seat, further window to the front, wooden floors, feature fireplace, radiator, television aerial socket and a telephone point.
Bedroom Two Single glazed window to the front, wooden floors and a radiator.
Bathroom Single glazed window to the rear, bath with a shower attachment and shower over, WC, wash hand basin, radiator and baxi gas heater.
Old Shop Shop Room Shop window to the front, electric meter and consumer unit. Shop Room Shop window and door to the front. Rear Garden To garden is laid to lawn with shrubs.
Agents Note The shop front still has a commercial tie and the two rooms to the front of the property have a commercial tie.
We understand that a change to Residential has previously been requested and granted although not followed through. Please do own checks on this. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
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FAQ
About 8, High Street, Sherborne
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