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See how verdicts work3-bedroom bungalow · TA24 6LQ
Sold STCListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***VIEWINGS TO BE HELD ON SATURDAY THE 4TH OF JULY - PLEASE CALL TO BOOK YOUR SLOT*** Property Solutions Group are a legal specialist property company, active in markets sectors such as but not limited to probate, court of protection and the wider legal sector.
We are proud to present to the market this Three Bedroom, Detached, Bungalow located in Watchet, Somerset.
The property comprises: Sitting Room – 5.47m x 4.23m (17'11" x 13'11") Kitchen – 4.38m x 3.77m (14'4" x 12'4") Bedroom 1 – 4.82m x 3.39m (15'10" x 11'1") Bedroom 2 – 3.72m x 3.37m (12'2" x 11'1") Bedroom 3 – 3.71m x 3.36m (12'2" x 11'0") Bathroom – 2.85m x 2.54m (9'4" x 8'4") Porch – 1.81m x 1.10m (5'11" x 3'7") Old Cleeve is located between the coastal towns of Watchet and Minehead, with local amenities available in the surrounding villages and wider facilities found in both towns.
Minehead provides a range of shopping, leisure and service amenities and serves as the western terminus of the West Somerset Railway.
Watchet offers additional facilities together with access to the Somerset coast.
The property is situated within a rural village setting in West Somerset, with road connections via the A39 providing links to Minehead, Watchet, Bridgwater and the surrounding area.
This property is sold as seen in its current condition, excluding chattels and has been priced accordingly.
A purchaser whose offer is accepted by the seller will be required to pay Property Solutions Group (South East) Limited an administration fee of £500 in order to proceed to contracts, refundable only if the seller withdraws from the proposed transaction without reasonable grounds.
The purchaser will be responsible for paying Property Solutions Group (South East) Limited a buyer's premium of 2% of the total purchase price paid for the property and any contents plus VAT.
The buyer's premium will become due and payable by the purchaser to Property Solutions Group (South East) Limited on exchange of contracts. Terms and conditions apply.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Dairylands, Old Cleeve, Watchet, Somerset
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