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See how verdicts work3-bedroom bungalow · TA24 8AB
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An individual and deceptive 3 bedroom detached chalet bungalow situated in a most convenient location within walking distance of the town and opposite the entrance to the beautiful Parks Walk.
Built in the 1950's, the property has been tastefully improved and offers versatile gas centrally heated and double glazed accommodation arranged over two floors in brief comprising; recessed entrance porch, reception hall with cloaks and broom cupboard, sitting/dining room with bow fronted window and door to garden, modern fitted kitchen/breakfast room with woodblock working surfaces and breakfast bar, integrated gas hob, double oven and door to a walk in part tiled utility cupboard with plumbing for washing machine (not double glazed).
Staying on the ground floor there are two bedrooms, the principal bedroom having access to a garden room and outside, a tiled bathroom with shower over the bath and a separate W.C.
A carpeted staircase from a rear hall gives access to the first floor where there is a two room suite with pedestal wash basin, built in cupboards and eaves storage.
The front gardens are arranged behind low stone walling with double wrought iron gates to an attached garage which has potential to incorporate into the accommodation subject to the usual regulations.
There is access around the side to the rear where there is a small level garden laid to lawn with gravelled paths and timber garden store with WC. Services: Mains water, electricity, drainage and gas.
Council tax: Band D tenure: Freehold Rental value Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income in the region of £1000 subject to any necessary works and legal requirements (correct at February 2024).
This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal.
Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating.
From our office in Friday Street turn left into Park Street leading up through the top end of the town taking the third turning on the left into Parkhouse Road.
Proceed for approximately 250 yards where the property will be found on the left hand side just before the turning into Millbridge road.
Hall Sitting / Dining Room (6.86m x 3.43m) Fitted Kitchen/Breakfast Room (3.43m x 2.95m) Utility/Pantry (2.5m x 0.81m) Bedroom 1 (4.85m x 3.6m) Garden Room (2.44m x 2.29m) Bedroom 2 (3.28m x 2.24m) Bathroom Sep W.C.
First Floor Bedroom 3 (5.56m x 3m) Dressing Room (3.48m x 3m) Garage (4.72m x 2.51m) Council Tax Band D Services Mains water, drainage, electricity and gas. Tenure Freehold
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
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FAQ
About 13, Parkhouse Road, Somerset
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