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See how verdicts work1-bedroom flat · TA21 8NR
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Previously forming part of ‘Wellington Bookshop’, this recently converted one bedroom ground floor apartment has been finished to a high specification throughout and is positioned with great access to the town centre.
The accommodation comprises in brief; front door opens into a communal hallway with a door into the apartment.
The sitting room benefits from a bay window to the front elevation and flows openly through to the kitchen.
The kitchen itself is fitted with a comprehensive range of units with an integrated oven and hob, space for a fridge/freezer and plumbing for a washing machine.
The property has the benefit of a double bedroom and shower room adjacent.
This apartment is in the perfect location for the town centre with uPVC double glazing and gas central heating, offering a great opportunity for first time buyers, downsizers and investors alike.
Agents Note The fire escape door from the bedroom opens into the garden of The Green Dragon.
LEASE INFORMATION The property will be sold with the added benefit of a brand new lease of 999 years, further details of which will be confirmed at a later date.
The property will own a share of the Freehold.
DIRECTIONS The property sits in the centre of Wellington and can be accessed on foot by proceeding up South Street where the property will be found after a short distance on your left hand side.
LOCATION Wellington is a popular market town boasting an assortment of both independently run shops and larger national stores to include the well renowned Waitrose whilst also benefitting from a range of educational and leisure facilities, a Sport Centre, cinema and The Cleve Hotel & Spa.
The landmark Wellington Monument showcases extensive views across the Blackdown Hills which is an Area of Outstanding Natural Beauty.
There is also a regular bus service to outlying villages and to the County Town of Taunton which is approximately 7 miles distant with its main line railway station.
The M5 Motorway can be accessed via Junction 26 just outside Wellington.
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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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
FAQ
About South Street, Wellington
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