2-bedroom flat · BA7 7NL
For saleListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to bring to the market this well presented two bedroom ground floor apartment, perfectly positioned in the heart of Castle Cary.
Just a short, level walk from the town centre, the property is in need of modernisation and updating throughout and would make an ideal home for anyone looking for their first steps onto the property ladder ot to downsize.
It also presents a sound opportunity for investors, with the added benefit of being offered to the market with no onward chain.
The property is leasehold with 60 years remaining on the lease which was granted in 1987 (99 years).
There is an annual ground rent of £150 per annum and an annual maintenance charge of £75 per annum Description We are pleased to bring to the market this well presented two bedroom ground floor apartment, perfectly positioned in the heart of Castle Cary.
Just a short, level walk from the town centre, the property is in need of modernisation and updating throughout and would make an ideal home for anyone looking for their first steps onto the property ladder or to downsize.
It also presents a sound opportunity for investors, with the added benefit of being offered to the market with no onward chain.
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. SERVICES Mains water, electricity and drainage are connected.
Electric heating and hot water immersion. Tenure The property is leasehold with 60 years remaining on the lease which was granted in 1987 (99 years).
There is an annual ground rent of £150 per annum and an annual maintenance charge of £75 per annum.
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 Victoria Court, Castle Cary, BA7
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