2-bedroom flat · BA9 9TA
Listing removedReduced £5k (−4.2%) on 20 JunListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property enjoys the benefit of an extended lease with approximately 118 years remaining.
There is a spacious living room, fitted kitchen, bathroom, double glazed windows with far reaching views from the bedrooms, and allocated parking. Ideal investment or first time buy.
Accommodation From the communal stairwell stairs to first floor and front door to: Entrance hall: Electric consumer box, Dimplex storage heater, smoke detector, airing cupboard housing hot water tank with immersion heater.
Living room: 15’11” x 9’2” A spacious room with double glazed window to front aspect, aerial point, Dimplex storage heater, coved ceiling and light dimmer switch.
Kitchen: 8’9” x 7’1” Single drainer stainless steel sink unit with cupboard below, further wall, and base units with work surface over, double glazed window to front aspect, electric cooker point, plumbing for washing machine and part tiled walls.
Bedroom 1: 11’3” x 8’9” Double glazed window to rear aspect with far reaching views. Bedroom 2: 9’1” x 8’1” Electric panel heater and double glazed window to rear aspect with far reaching views.
Bathroom: White suite comprising panelled bath with electric shower over, pedestal wash hand basin, low level WC, mirror, extractor and tiled to splash prone areas. Outside Allocated parking.
Services: Mains water, electricity, drainage, and telephone all subject to the usual utility regulations. Tenure: Leasehold 125 years from 1 April 2016. Service charge: Currently £1020 per annum.
Ground rent: £50 for the first 50 years, then doubles every 20 years thereafter. Council tax band: B viewing: Strictly by appointment through the agents.
Important notice: Hambledon Estate Agents state that these details are for general guidance only and accuracy cannot be guaranteed. They do not constitute any part of any contract.
All measurements are approximate and floor plans are to give a general indication only and are not measured accurate drawings therefore room sizes should not be relied upon for carpets and furnishings.
No guarantees are given with regard to planning permission or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are not necessarily included.
Purchasers must satisfy themselves on all matters by inspection. A two bedroom first floor flat situated in a convenient location within a short walk of the town centre amenities.
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
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 advisors 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 4, Malthouse Close, Somerset
Explore nearby