3-bedroom terraced house · TA12 6JP
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious end of terrace conversion with two first floor double bedrooms and a ground floor double bedroom. Garden. Allocated parking.
Available NOW A spacious end of terrace property originally a glove factory. The building has been transformed to provide three spacious dwellings. The property has the benefit of two parking spaces.
Shed. Entrance hall leads to open plan sitting room/kitchen with built in appliances. Breakfast bar. The sitting room has direct access to an enclosed garden with patio area and decking.
The ground floor has an office overlooking the garden. WC. Ground floor double bedroom. Underfloor heating. The first floor has two double bedrooms and a family bathroom. Available NOW.
Council Tax Band B.
EPC C high speed fibre broadband available mains water,elec, gas Charges apply; • Holding deposit; equivalent to one weeks rent (£288.00) this payment will be deducted from the first month’s rent or paid back to the tenant via bank transfer once referencing has been completed and a tenancy start date agreed.
Please see our terms and conditions for more details. • Late payment of rent; 3% above the Bank of England base rate which, after 14 days can be backdated to the day rent was due.
• Any alternations/variations to the tenancy agreement; £50. • All charges are inclusive of vat. • Any keys or security devices that are lost during the tenancy will be charged to the tenant.
A property cannot be held in reserve until all relevant monies have been paid. GTH are members of the RICS client Money Protection Scheme and are also members of the Property Redress Scheme.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Water Street, Martock, Somerset, TA12
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