2-bedroom terraced house · TA24 6GA
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 2002 by Westbury Homes and forming part of this popular coastal development, situated between the West Somerset Steam Railway and the seafront, this attractive home enjoys pleasant views towards the railway line and surrounding hills.
The property benefits from gas fired central heating and double glazing throughout.
The well-presented accommodation briefly comprises a modern fitted kitchen, spacious lounge/dining room with patio doors opening onto the rear garden, and a ground floor cloakroom.
To the first floor are two double bedrooms, both with fitted wardrobes, together with a contemporary family bathroom.
Outside, the property enjoys gardens to the front and a particularly attractive enclosed rear garden.
A gateway provides access to the single garage and an additional parking space located to the rear.
From our offices in Friday Street proceed down through the Avenue towards the seafront following the road along the seafront towards Butlins.
At the round about turn right into Seaward Way and then take the first right into Trinity Way.
After approximately 150 yards the pedestrian walkway entrance to Rope Walk will be found on the left hand side. The vehicle access to the garage at the rear of the property is off Trinity Way.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Rope Walk, Minehead
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