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See how verdicts work2-bedroom house · BA12 6ED
For saleReduced £10k (−4.3%) on 2 SepListed 98 days
Opportunity summary
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About
A characterful, thatched cottage presented in good order with no onward chain. Located in a quiet no-through lane in the town of Mere.
Glenleigh Cottage is a characterful thatched cottage located on Steep Street in Mere.
Purchased by its current owner in 2020 the property has had some significant improvements during that time, including a full re-thatch and the installation of an upstairs shower-room.
The property has been well maintained and re-decorated throughout however still presents a new owner the opportunity to put their own stamp on it.
The ground floor comprises of two characterful reception rooms, with the cottage-style kitchen opening into one of the living spaces to create a sociable layout.
With a little bit of vision, the former ground floor shower room could become a handy cloakroom / utility room. Upstairs, the cottage offers two bedrooms, each accessed via its own staircase.
The bedrooms can remain independent or be linked through adjoining doors, providing flexible accommodation to suit a variety of needs.
The Situation Mere has an abundance of community spirit with a thriving High Street providing services for most everyday requirements including a primary school, a library, Co-Operative store, post office, doctor surgery, pharmacy, public houses, cafe, restaurants to name but a few.
Gillingham (4 miles) offers further facilities including an excellent secondary school, a wider range of shops including Waitrose and Asda, and a mainline railway station serving London Waterloo and the south west.
Wincanton (4 miles) also offers a secondary school, Lidl and Morrison supermarkets and also has a lovely independent High Street.
Mere benefits from close access to the A303, an easy route to London via the M3.
The area is well known for the large choice of good State and Independent primary and secondary schools and a variety of outdoor and countryside activities including golf, rugby and football clubs, cycling, shooting and horse riding.
Nearby is Stourhead House and gardens and Longleat house with its safari park. There is a wide network of footpaths and bridle ways accessible from the village or a short drive away.
Outside The property enjoys a private patio area with access to a useful external store.
Steps lead up to the main lawned garden, where a garden shed and a sunny, secluded setting create the perfect space for relaxing or entertaining.
Services Mains water, drainage and electricity are connected to the property. Heating and hot water are electric. Ultrafast broadband is available and all mobile phone networks have good coverage.
Wiltshire Council Tax C EPC: F Directions Post code: BA12 6ED What3words /// storyline.contents.useful
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.
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FAQ
About Glenleigh Cottage,, Steep Street, Warminster
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