4-bedroom bungalow · BS27 3DD
Listing removedListed 61 days
Opportunity summary
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About
*** EXCITING DEVELOPMENT OPPORTUNITY *** PLANNING GRANTED FOR A 4 BEDROOM SINGLE STOREY DWELLING WITH A DETACHED DOUBLE GARAGE AND STORE *** PLANNING APPLICATION NUMBER IS PL4872/15A *** CUURENT USE IS A PART RESIDENTIAL ONE BEDROOM BUNGALOW WITH VARIOUS OUTBUILDINGS INCLUDING A LARGE WORKSHOP AND STORAGE *** OUTSTANDING ELEVATED LOCATION WITH FAR REACHING COUNTRYSIDE VIEWS *** APPROX 2.12 ACRES OF AGRICULTURAL LAND *** EPC G The Barleys & EPC F for the annexe *** Notes: The current main building is of a non-standard construction with planning for partial residential use and and comprises an open plan kitchen/diner, two bedrooms, cloak and shower room Mains water and electricity Part mains and part private drainage There is a shared driveway which is owned by the neighbouring property with permitted access in place Outside - .
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Value & comps
No previous sales on record.
Returns
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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 Shipham Road, Cheddar
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