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See how verdicts work2-bedroom flat · TA21 8RD
Sold STCListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom flat, positioned on Wellington High Street. Compromising of two bedrooms, kitchen, sitting room, and a family bathroom. Sold with tenants in situ. Council Tax Band A.
Share of Freehold/Leasehold. EPC C.
Situation - Located on Wellington’s High Street, the property enjoys a prime town-centre position with a wide selection of shopping, leisure, and educational facilities close at hand, as well as convenient access to the M5 motorway.
The county town of Taunton lies approximately 6 miles away, offering an even broader range of amenities along with a mainline rail service to London Paddington.
Description - A well presented two-bedroom flat, perfectly positioned on Wellington High Street.
This charming property offers two well-proportioned bedrooms, kitchen, sitting room, and a family bathroom.
The property is being offered for sale with tenants in situ and the current rent is £800 per calendar month.
Accommodation - The main communal door opens into a spacious hallway with stairs leading to the first floor.
The flat is accessed via a private entrance, where stairs with built-in storage rise to the second-floor landing. From here, you’ll find the kitchen, sitting room, two bedrooms, and a family bathroom.
The kitchen features shaker-style wall and base units with worktops over, a stainless steel sink, and a rear-facing window.
The sitting room benefits from Velux windows, creating a bright and airy space. Bedroom one is a generous double with a rear aspect window, offering plenty of character.
Bedroom two is a smaller double with a Velux window to the front of the property. The family bathroom includes a WC, wash basin, and a bath with shower over.
Services - The management company is Lewis Associates, service charge is £85pcm. Mains drainage, electricity and water.
Mobile coverage is good outdoor and in-home with EE, O2, Three and Vodafone (Ofcom). This property benefits from Ultrafast broadband (Ofcom).
Viewings - Strictly by appointment with the vendor's selling agents, Stags, Wellington Office.
Directions - From Stags Wellington office head South-East towards Taunton and the property can be found on your right.
Letting - If you are considering investing in a Buy To Let or letting another property, and require advice on general lettings information, then please contact a member of our lettings team on or rentals.
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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 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.
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