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See how verdicts work1-bedroom flat · TA24 8BS
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly decorated and carpeted ground floor maisonette benefitting from a private courtyard garden and off road parking - situated in a popular residential area of Minehead within a level walk of amenities.
For sale with no onward chain. Forming part of an attractive Grade II building, the maisonette benefits from modern electric heating and has recently been redecorated and carpeted.
The accommodation comprises, in brief - porch, kitchen, large sitting/dining room with views towards Exmoor, double bedroom, and a bathroom.
Externally a shared driveway leads to 2 parking spaces, one of which belongs to this property.
The courtyard garden lies to the rear of the property and has been enclosed with a timber fence for privacy.
There is an additional access via the communal hallway, although we understand this rarely gets used as the property has its own entrance via the porch.
Lease - 999 years from 1st January 1995 Ground rent - £5 per annum Service charge - £1,200 per annum The property is situated in a popular residential area of Minehead within an easy walk of amenities.
Minehead is a popular seaside resort which offers a wide range of shopping, commercial, recreational and healthcare facilities.
Known as the Gateway to Exmoor there are excellent opportunities for walking and countryside pursuits close to hand.
As well as its harbour, promenade and beaches, Minehead is the terminus of the West Somerset Steam Railway - the longest in the country.
The county town of Taunton is 24 miles away and offers a larger range of shops and schooling as well as fast road and rail links to Exeter, Bristol and London (from 1 hour 40 minutes).
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
Agent & docs
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FAQ
About Flat 1 (The Garden Flat), 12 The Parks, Minehead
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