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See how verdicts work2-bedroom flat · BA3 2XL
Listing removedListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"An attractive chapel conversion located just a five-minute walk from the High Street of Midsomer Norton where a good variety of shops, cafes and regular public transport can be found".
Occupying a good proportion of the ground floor of the building this spacious apartment comprises a central entrance hallway with doors to, a lounge dining room with feature arched windows to front.
The kitchen is located to the side and enjoys a sunny aspect. There are two bedrooms both being a decent size and bathroom with shower over bath. Electric heating and double glazing.
Outside there is a pathway leading from the communal hallway to front and to the car port at the rear which provide ample space for a car and storage.
There is a management fee of £70.00; covering the buildings insurance and upkeep of communal areas. The original lease commenced in March 1996, with a residue of 969 years approx.
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
FAQ
About Millards Hill, Midsomer Norton
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