3-bedroom terraced house · TA21 9RS
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
24 Lancock Street is a well presented three bedroom semi detached family home situated in a private plot position on the popular Dobree Park development within easy walking distance of a range of local amenities.
The property is offered to the market with NO ONWARD CHAIN.
The accommodation comprises in brief; front door opens into entrance hall with downstairs cloakroom, stairs to the first floor and doors to the principal rooms.
To the front of the house, the kitchen/breakfast room is fitted with a comprehensive range of modern gloss wall and base units with contrasting work surfaces, a stainless steel sink, integrated single oven with a four ring gas hob and extractor above.
There is a space for washing machine, fridge/freezer and a breakfast table.
The sitting/dining room provides ample space for everyday furnishings with a feature fireplace and understairs storage cupboard. French doors open to the garden.
To the first floor there are three bedrooms with the two doubles both benefiting from built in storage.
The family bathroom is fitted with a modern white suite with shower over the bath and a heated towel rail.
Outside, to the front, the property is set back from the road with a single garage and parking space in front.
The rear garden is fully enclosed with timber fencing and predominately laid to lawn along with a patio area.
LOCATION Wellington is a popular market town boasting an assortment of both independently run shops and larger national stores to include the well renowned Waitrose whilst also benefitting from a range of educational and leisure facilities a Sport Centre, cinema and The Cleve Hotel & Spa.
The landmark Wellington Monument showcases extensive views across the Blackdown Hills which is an Area of Outstanding Natural Beauty.
There is also a regular bus service to outlying villages and to the County Town of Taunton which is approximately 7 miles distant with its main line railway station.
The M5 Motorway can be accessed via Junction 26 just outside Wellington.
DIRECTIONS From our Wellington town centre office proceed in the Exeter direction into Fore Street which becomes Mantle Street.
Continue out of the town and on reaching the traffic lights at Rockwell Green, continue across and take the first turning on the right into the Dobree Park development.
Continue through the development and at the first T junction turn left following the road around until the next T junction where you turn left again.
Continue along until you turn right onto Lancock Street where after a short distance you will turn right following the road round, where you will find the property as indicated by our For Sale board.
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
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FAQ
About 24, Lancock Street, Wellington
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