We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BA4 6JU
Listing removedReduced £10k (−4.4%) on 24 MarListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** no onward chain *** This well-presented two bedroom mid-terraced home, offered to the market with no onward chain, provides modern and practical living, ideal for first-time buyers, investors or those looking to downsize.
The ground floor comprises a modern fitted kitchen featuring a built-in oven, space for a fridge/freezer, built in dishwasher and washing machine as well as a good range of wall and base units providing ample storage.
To the rear of the property is a spacious lounge, flooded with natural light and benefitting from double doors opening directly onto the rear garden, creating an excellent space for both relaxing and entertaining.
A convenient downstairs WC completes the ground floor accommodation.
Upstairs, the property offers two good-sized bedrooms along with a contemporary family bathroom, fitted with a modern suite including a shower over the bath.
Externally, the home benefits from a low-maintenance paved courtyard garden to the rear, while to the front there is a driveway providing off-road parking.
Further benefits include gas central heating, double glazing throughout and solar panel.
Location The property is situated in Evercreech, Shepton Mallet, a well-regarded village offering a range of local amenities including shops, a primary school and public houses, while benefiting from a strong sense of community.
Shepton Mallet town centre is within easy reach, providing further shopping and leisure facilities.
The area also offers excellent access to the A371 and A37, making it convenient for commuting to Glastonbury, Wells, Frome and Bath, as well as the wider Somerset area.
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
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FAQ
About Elm Cottage,, Leighton Lane, Shepton Mallet
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