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See how verdicts work4-bedroom detached house · TA23 0AR
Sold STCListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CENTRAL LOCATION WITH PRIVATE GARDENS - A unique detached four bedroom cottage, with private riverside gardens, and scope to extend or remodel, situated in the heart of Watchet with No Onward Chain.
The property comprises a detached property that was formerly two cottages, situated on a good sized plot that could be remodelled to create a spacious family home, or split to provide an annexe, or rental property to generate income.
The cottage has been occupied by the same family for over 50 years, and enjoys private gardens, a garage, and parking but would benefit from modernisation.
The accommodation in brief comprises; part glazed wooden door with inset stained-glass detail into spacious Entrance Hall.
Door into Sitting Room; double aspect, wood block flooring, open fire with brick surround, recessed storage, winding staircase to first floor, exposed ceiling beam.
Hallway; with under stairs storage, glazed doors to the rear gardens. Living Room/Dining Room; double aspect with open fire, tiled surround and hearth.
Kitchen/Breakfast Room; with aspect to rear, with a range of wooden cupboards and drawers under a marble effect rolled edge worktop with inset one and half bowl sink and drainer, mixer tap over, tiled splashbacks, space for electric cooker, integrated fridge, space for breakfast table with fitted bench.
Door into Utility Room; with tiled floor, door to yard, space and plumbing for a washing machine, space for further white goods.
Door into ground floor Shower Room; with tiled floor, tiled shower cubicle with electric Mira jump shower over, low level WC, pedestal wash basin.
Stairs to the first floor landing; with built in storage cupboards. Bedroom 1; aspect to rear overlooking the garden, 3 built in wardrobes.
Bedroom 2; (En-Suite) with aspect to side, built in wardrobe, Door into Bathroom; with airing cupboard housing a foam lagged cylinder with immersion switch (please note that this tank just serves this bathroom), panelled bath, pedestal wash basin, low level WC.
Bedroom 3; aspect to side, built in cupboard. Bedroom 4; aspect to front, built in cupboard.
Family Bathroom; with panelled bath, tiled surround, low level WC, pedestal wash basin, boiler cupboard housing Veissmann combi boiler for central heating and hot water.
OUTSIDE: The property has off road parking for one vehicle, with double timber gates leading to the front yard which could also be utilised for further parking.
In the yard there is a workshop and stores. The Garage is adjacent to the front door, and has and up and over door.
The rear gardens are very private and established, incorporating a number of outside stores. The gardens are laid mainly to lawn with planted borders.
MATERIAL INFORMATION: Council Tax Band: D Tenure: Freehold Utilities: Mains water, electricity, sewage, gas Parking: There is one off road parking space with scope to create further off road parking as well as a garage.
Broadband: For an indication of specific speeds and supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/broadband-coverage Mobile: For an indication of supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/mobile-coverage Flood Risk: For information relating to flood risk in the area, we would advise interested buyers to use the below government checker: flood-map-for-planning.service.gov.uk/location Agents Notes: Some of the photographs used by Wilkie, May & Tuckwood have been taken with a wide angled lens to show the property off to its best advantage.
Please note the floorplan is for guidance only and is not architecturally accurate.
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 Mill Lane, Watchet
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