House · TA24 5EA
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DETACHED HOUSE WITH PLANNING PERMISSION - situated within a sought after area of Minehead offered for sale with NO ONWARD CHAIN.
A detached house with garden land as edged red on the site plan situated in King Edward Road, Minehead with planning permission in place under Application No.
3/21/23/055 for the demolition of dwelling and erection of 5 No. detached dwellings, ancillary garaging, car parking, drainage infrastructure and landscaping.
Copies of the planning permission can be obtained from the Minehead office of Wilkie May & Tuckwood.
GENERAL REMARKS AND STIPULATION Tenure: The property is offered for sale freehold by private treaty with vacant possession on completion. Services: Mains water, drainage and electricity are connected.
Local Authority: Somerset Council, Deane House, Belvedere Road, Taunton TA1 1HE Flood Risk: Surface Water: Very low risk Rivers and the Sea: Low risk Reservoirs: Unlikely Groundwater: Unlikely.
We recommend you check the risks on Local planning information is available on
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 King Edward Road, Minehead
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