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 work1-bedroom flat · BS27 3PH
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** BEAUTIFULLY PRESENTED ONE BEDROOM GROUND FLOOR APARTMENT WITH THE ADDED BENEFIT OF A LOVELY REAR GARDEN *** LOVELY MODERN KITCHEN AND BATHROOM *** OFF STREET PARKING FOR 2 CARS *** GOOD SIZE REAR GARDEN WITH SIDE ACCESS TO THE FRONT PARKING *** WELL LOCATED IN A POPULAR, QUIET CUL DE SAC NEAR THE CENTRE OF CHEDDAR *** APARTMENTS LIKE THIS IN CHEDDAR RARELY BECOME AVAILBLE *** EPC TBC *** COUNCIL TAX BAND B *** LEASEHOLD *** 999 LEASE FROM 1ST JANUARY 1980 NO CHARGES APPLY Entrance - Access to the property is via a UPVC door to an entrance porch area which has plenty of cloaks space and opens to the main lounge/diner.
Lounge/Diner - A front aspect room with a UPVC double glazed window, ceiling light, electric heater, space for a dining room table and chairs, door to an inner hallway.
Inner Hallway - Has two storage cupboards, one of which houses the water tank, opening to the kitchen and door to the bathroom.
Kitchen - A rear aspect room with a UPVC double glazed window and a door to the rear garden, ceiling, wood effect laminate flooring, cooker with extractor hood over, sink, space and plumbing for a washing machine, space for a firge/freezer.
Bedroom - A rear aspect room with UPVC double glazed window, ceiling light, electric heater.
Family Bathroom - Comprises a panel enclosed bath with a shower and a glass shower screen to one end, low level WC, wash hand basin with vanity cupboard underneath, vinyl flooring Rear Garden - What a beautiful rear garden positioned with the sound of running water at the bottom!
A good size with a large patio area and lawn area, flower, shrub and tree borders, pedestrian access to the front of the property, Front Of Property - To the front of the property is driveway parking for up to two cars.
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
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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
Agent & docs
FAQ
About Felsberg Way, Cheddar
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