5-bedroom property · TA24 6BG
For saleListed 468 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A terraced 4 story Victorian building converted into 5 separate flats:- With communal hallway, stairs and landing, each flat has a sitting room, kitchen and bath or shower room, all are presented well and fully let, currently the income is c.£2959.00 a month but could be raised to approximately £3400.00 a month depending on market conditions.
Utilities :- Mains electric, water, drainage, and gas to the flats, and mains electric, water, and drainage to the cottage which has bottled gas for cooking, Solar voltaic panels to assist with hot water, Underfloor heating provided by an air source heat pump.
Broadband and mobile coverage: We understand that there is good mobile coverage. The maximum available broadband speeds are 1000 Mbps download and 220 Mbps upload.
We recommend you check coverage on Flood Risk: Surface Water: Very low risk Rivers and the Sea: Very low risk Reservoirs: Unlikely Groundwater: Unlikely.
We recommend you check the risks on Directions From Taunton head out on the Minhead Road, at the roundabout where its turn right for Minhead go straight over and the property will be on your left hand side.
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 The Terrace, Bircham Road, Minehead, Somerset, TA24
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