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See how verdicts work2-bedroom flat · BA7 7LJ
For saleListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to be able to offer for sale this spacious and light ground floor flat, within a block of four, which is set at the end of a cul-de-sac within walking distance of the town centre.
The flat is being offered for sale under the shared ownership scheme at 75% and gives a fantastic opportunity to purchase a home at below full market value.
Accommodation A front door opens into a large communal entrance hall, with stairs to the first floor flats and doors to the two ground floor flats.
Once inside Number 8, there is a light entrance hall with a useful storage cupboard, doors to the rear garden and each of the rooms.
The sitting room lies to the front of the flat and is a lovely light room with space for sofas and a dining room table.
The kitchen is really well appointed with a range of wall and base units, window to the front and will include all white goods and the range style cooker.
There are two double bedrooms with the larger of the two having a pleasant outlook over the rear communal garden. The bathroom is fitted with a white bathroom suite.
Outside There are communal gardens to the rear of the flats, which have space for a clothes line and are currently lawn with small area of patio.
To the front of Number 8 is a gravelled area which the current owners have decorated with planted pots.
Immediately to the front is the parking space for one vehicle, and there is on street parking space for visitors.
Location Castle Cary is a vibrant and historic Somerset market town with a friendly community, attractive architecture and a good range of independent shops, cafes and pubs.
It offers excellent amenities, including a weekly market and essential services.
Transport links are strong, with a mainline railway station providing direct services to London and the South West, and easy road access to nearby towns and countryside.
The surrounding landscapes are beautiful, making the area ideal for walking and outdoor activities.
St Andrews Close is located about a 10 minute walk from the town centre and close to Fairfields, a beautiful green space with paths, play areas and pump track.
Services Mains water, gas, electricity and drainage are connected. Gas central heating with the boiler having been replaced a couple of years ago.
Council Tax band B Tenure The property is being offered for sale as shared ownership at 75%.
There is a monthly charge of £241.24 which includes the rent on the 25% remaining share, service charge, buildings insurance and management fee.
Staircasing to acquire more shares in the property is available, subject to agreement with the housing association, to a maximum of 80%. There is approximately 105 years remaining on the lease.
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
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FAQ
About St Andrews Close, Castle Cary, BA7
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