1-bedroom flat · TA11 6EJ
For saleReduced £10k (−11.1%) on 15 SepListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*360° interactive tour* A one bedroom ground-floor flat, benefitting from useful store room, quietly positioned in the corner of a cul-de-sac in the ever-popular Village of Keinton Mandeville.
Requiring modernisation, the property would make a wonderful buy-to-let or first time buy and is offered with no onward chain.
Summary 9 Manor Place provides a fantastic opportunity for those looking to get onto the property ladder.
The property is a well proportioned one bedroom ground floor flat, with bedroom, bathroom, living room, kitchen and a handy store (accessible from the outside) making up the accommodation.
The property benefits from a large communal garden with pleasant orchard views.
Whilst requiring updating and modernisation throughout, the property is realistically priced and can be turned into a great buy-to-let, first time or downsize buy. Offered with no onward chain.
Amenities The medieval village of Keinton Mandeville is surrounded by rolling countryside with an abundance of footpaths and bridleways.
The village has a local shop, pub, farm shop, primary school and active churches. There are various clubs and societies visit for more information.
The A303 is just a few miles south and nearby towns include Castle Cary and Somerton. Services Mains electricity, water and drainage connected.
Heating supplied through electric radiators and storage heaters. Council Tax Band A.
Leasehold Information Service Charge: £705.52 per annum Ground Rent: Peppercorn Lease Remaining: Approximately 990 years What3Words ///legroom.human.twilight Entrance Hallway Door from communal hallway leads to the entrance hallway.
With frosted window to side and electric storage heater. Bathroom (7' 5'' x 5' 5'' (2.26m x 1.64m)) With frosted window, panelled bath with electric shower over, low level WC and pedestal sink.
Bedroom (13' 5'' x 10' 0'' (4.10m x 3.04m)) With window to rear, modern electric storage heater.
Living Room (12' 11'' x 11' 9'' (3.94m x 3.58m)) With window to rear, modern electric storage heater, airing cupboard housing water cylinder.
Kitchen (9' 3'' x 7' 5'' (2.81m x 2.26m)) With window to front, modern electric storage heater, range of matching wall and base units, stainless steel sink with drainer, space for cooker, washing machine and fridge/freezer.
Store (9' 4'' x 6' 5'' (2.85m x 1.96m)) With potential to create a utility room or a handy bike store.
With access from both the kitchen and outside, the room comes with electricity sockets and lighting, with a frosted window to the side.
Outside To the rear of the property is a large stone shingle communal garden to enjoy, with pleasant views over a neighboring orchard.
Value & comps
No previous sales on record.
Returns
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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 9, Manor Place, Somerton
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