1-bedroom flat · BA4 5LA
For saleListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE £84,950 A deceptively spacious 1 bedroom top floor maisonette in the heart of Shepton Mallet.
The property comprises open plan lounge/kitchen with a cooker , 1 double bedroom, bathroom with bath and shower over.
The property is very well presented throughout and is available VACANT NOW WITH NO CHAIN ATTENTION INVESTORS! OVER 10% IN ANNUAL YIELD!
Communal entrance door with stairs up to 1st floor and personal door into the flat.
BATHROOM 7'8 x 6'8 3-piece suite comprising WC, washbasin with tiled splash backs, and panelled bath with shower over, partly tiled walls, fan heater, extractor fan, wall mounted mirror.
Stairs to 1st Floor Smoke alarm, doorbell, doors into: BEDROOM 17'0 x 8'9 (maximum size) Window to front, electric heater. LOUNGE/KITCHEN 20'7 X 12'11 (maximum size incl.
kitchen units) 2 windows to front, sky light window to rear, TV and phone points, night storage heater. Kitchen Area A range of base units with worktops and tiled splash backs, space for a fridge.
There is space and plumbing for a washing machine or dishwasher. There is a built in electric cooker with hob.
Stainless steel sink and mixer taps, extractor fan, airing cupboard housing a water tank, smoke alarm, access to loft , breakfast bar over base units.
Agent Note Viewing is strictly via Simon Heal Estate Agents On Leasehold information: Leasehold with a 999 year lease from the 4th July 2002. Ground rent £25 per annum. Buildings insurance £88.50.
Service charges: last year's demand £246.88 (to include cleaning, electricity, electrical check, FRA and fire equipment).
EPC = E THE PROPERTY MISDESCRIPTIONS ACT 1991 The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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 Paul Street, Shepton Mallet, Somerset, BA4
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