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See how verdicts work2-bedroom terraced house · TA23 0FF
Sold STCListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom terraced local affordable home, with off road parking and sea views.
The accommodation in brief comprises; double glazed door into Entrance Porch; door into Sitting Room, aspect to front, telephone point, TV points, stairs rising to 1st floor, door into Kitchen/Breakfast room; with aspect to rear, modern fitted high-gloss coloured cupboards and drawers under a granite effect rolled edge worktop, inset stainless steel sink and drainer, mixer tap over, fitted electric oven, four ring gas hob and extractor fan over, space and plumbing for washing machine, space for tall fridge/freezer, door to rear garden.
Downstairs, WC: low-level WC, wash basin. Stairs to 1st floor, Landing: hatch to roof space, airing cupboard housing Potterton combi boiler for central heating and hot water.
Bedroom One: aspect to rear, sea views to the Bristol Channel, large built-in cupboard over the stairs. Bedroom Two; aspect to front.
Bathroom: fitted white suite, comprising panelled bath, tiled surround, thermostatic mixer shower over, low-level WC, pedestal wash basin.
OUTSIDE: To the front of the property there is a small garden laid to lawn and to the rear there is an enclosed garden with fence, boundaries and a small patio/seating area with personal gate to the rear off-road parking with space for 2 to 3 vehicles.
LOCAL AFFORDABLE QUALIFICATION: This property is only available to purchasers who fulfil the criteria outlined within the section 106 agreement.
You will be required to complete a questionnaire to confirm your eligibility to purchase.
The current requirements for any purchaser are as follows; - You must have been resident in the parishes of Watchet, Williton or Old Cleeve for a minimum of 3 years preceding the date of application.
- Maximum household income - Single Income - £47,923 Joint Income - £55,297 - This must be your only property and main residence For further information, please speak to the selling agent.
MANAGEMENT FEE: There is an estate management charge payable to Alpha Housing Management of £108.63 per annum due on the 1st of October annually for the upkeep of communal areas including roadways and paths.
MATERIAL INFORMATION: Council Tax Band: B Tenure: Freehold Utilities: Mains water, electricity, sewage, gas Parking: There is off road parking at this property.
Broadband: For an indication of specific speeds and supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/broadband-coverage Mobile: For an indication of supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/mobile-coverage Flood Risk: For information relating to flood risk in the area, we would advise interested buyers to use the below government checker: flood-map-for-planning.service.gov.uk/location Agents Notes: Some of the photographs used by Wilkie, May & Tuckwood have been taken with a wide angled lens to show the property off to its best advantage.
Please note the floorplan is for guidance only and is not architecturally accurate.
THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of the Property are based on information supplied by the Seller.
The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
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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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 Greenfield Road, Watchet
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