Modern Method of Auction
Auction date not yet published
2-bedroom detached house · BA22 7BB
For saleReduced £10k (−5.3%) on 22 OctListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A two bedroom detached cottage, situated in the quaint village of Galhampton and within close proximity to local amenities and stunning countrysid.
The accommodation offers a wealth of space, vversatilitand natural light throughout & externally boasting off road parking & good size enclosed gardens.
Description Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Double glazed stable style door to the rear, opening into: Boot Room Window to the front. Storage cupboard housing a recently installed Worcester boiler.
Door opening into: Fitted Kitchen Double glazed windows to the rear and side. A range of fitted wall, base and drawer units with work surface over.
Single bowl stainless steel sink and drainer with mixer tap. Space for free standing cooker with tiled splashback and cooker hood over. Plumbing for washing machine and dishwasher.
Space for fridge/freezer. Exposed ceiling beams. Radiator. Dining Room Double glazed windows to the front and side. Feature spiral staircase rising to the first floor.
Space for dining table and chairs, perfect for family meals or entertaining. Wall light points. Exposed stone walls and beams to the ceiling. Radiator.
Lounge A lovely light and spacious room with double glazed bay window to the side and further window to the rear. Bespoke shelving inset to the alcove. Wall light points. Exposed ceiling beams.
First Floor Landing Bedroom One Double glazed windows to the rear and side, overlooking the garden. Two built in wardrobes. Wash had basin inset to vanity unit. Space for free standing furniture.
Access to the loft space. Radiator. Bedroom Two Double glazed windows to the rear and side, overlooking the garden. Space for free standing furniture. Radiator.
Shower Room Double glazed window to the side. Suite comprising enclosed walk in shower cubicle, wash hand basin and WC. Airing cupboard. Fully tiled. Wall light points. Exposed ceiling beams.
Radiator. Gardens A good size fully enclosed rear and side gardens, laid mainly to lawn with tree lined borders.
There is a block paved patio area abutting the property, providing an ideal seating/entertaining area to enjoy the summer sunshine. Outside store with power and light.
Parking There is off road parking for two cars. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 Hearn Cottage, Galhampton, Yeovil
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