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 flat · BS27 3HE
Listing removedReduced £35k (−21.9%) on 13 OctListed 53 daysAuction 25 Dec · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Public Auction on Thursday 24th September 2026 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.
A two-bedroom ground floor leasehold apartment, offered for sale with vacant possession and providing an opportunity for investors, landlords and owner-occupiers.
The property requires some refurbishment and modernisation throughout, offering scope for improvement and the opportunity for a potential rental investment, previously generating circa £850.00 per calender month, subject to any necessary consents.
A further benefit is the provision of valuable off-street parking for two vehicles.
Cheddar is a popular Somerset village offering a desirable blend of countryside setting, local amenities and excellent leisure appeal.
With good road links to Bristol and surrounding towns, the area attracts a broad range of purchasers and benefits from an established residential market.
Offered with vacant possession, the property is considered suitable for those seeking a refurbishment project with potential for improvement and rental purposes.
EPC Rating: D68 | Council Tax band: B Auction Details: • Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA • Date: Thursday 24th September 2026 • Start Time: 7:00pm • Bidding Options: In room, online, proxy, telephone *Guides are provided as an indication of each seller's minimum expectation; they are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.
Communal Entrance: On approach to the apartment, you are met with a communal entrance door with a hallway leading to the apartment’s private entrance.
Hallway: Entrance hallway with a built-in airing cupboard housing a hot water tank, wall mounted consumer unit, electric radiator, built-in storage cupboard, ceiling light, doors leading to principal rooms.
Kitchen: Tiled vinyl flooring, range of wall and floor storage units with worktops and matching panel splashback, space and plumbing for appliances, inset one and a half bowl stainless steel sink and drainer, freestanding cooker with a matching extraction hood over, under wall unit lighting, extractor fan, serving hatch, ceiling light.
Living Room: Living and dining room with timber effect laminate flooring, electric radiator, electric night storage heater, UPVC double glazed window, ceiling light.
Bathroom: Timber effect vinyl flooring, low-level WC, wash handbasin of a pedestal, panelled bath with an electric shower over, partly tiled walls, extractor fan, ceiling light.
Bedroom One: Double bedroom with electric radiator, UPVC double glazed window, ceiling lights. Bedroom Two: Bedroom with UPVC double glazed window, ceiling light.
Parking: On approach to the property you are met with a communal parking area where two allocated offstreet parking spaces reside. Services: Mains electric, drainge & water.
Heating System: Electric radiators. Management Fees: Circa £100.00 per calendar month. Management Company: Hannah More Management Committee.
Tenure: Leasehold | Lease length – 999 years from 25 December 1987.
360 Virtual Tour: Please Note: The integrity and structure of the property is ‘sold as seen’ and in addition there may well be some fixtures, fittings and chattels left at the property which will become the responsibility and ownership of the purchaser upon legal completion of the transaction.
Floor Plan: While every attempt has been made to ensure accuracy, all measurements are approximate, not to scale. This floorplan is for illustrative purposes only.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 8, Hannah More Court,, Lower North Street, Somerset
Explore nearby