1-bedroom flat · BS27 3DF
Listing removedListed 233 days
Opportunity summary
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About
NO ONWARD CHAIN! Excellent one bedroom top floor apartment with view of The Mendip Hills, open plan living / dining room, in a quiet cul-de-sac position and one allocated parking space.
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Location Situated at the foot of the Mendip Hills and surrounded by the stunning Somerset countryside, Cheddar is a popular location offering a comprehensive range of leisure activities including walking, horse riding and sailing on the Cheddar Reservoir.
Local attractions to Cheddar include Cheddar Gorge and Caves, Wookey Hole Caves, Glastonbury Tor, the Cathedral City of Wells and the seaside town of Weston-super-Mare.
There are a range of shopping facilities and amenities in Cheddar which is well served by a local bus service providing access to the surrounding district.
There are a range of excellent schooling facilities in the area including the very popular Kings of Wessex School in Cheddar and private schooling in Wells, Bath and Bristol.
For those travelling further afield there is easy access to Bristol International Airport and Bristol City Centre on the main A38 and access to the M5 Motorway network is available at junction 21(St Georges) or 22 (Edithmead) Entrance Upvc double glazed door to communal hallway (due to be redecorated in 2026) stairs to top floor landing.
Door on right to: Entrance Hall Loft access. Carpeted flooring. Built-in cupboard.
Doors to: Kitchen 2.49m x 2.31m (8' 02" x 7' 07") Contemporary fitted kitchen with electric oven, washing machine, fridge, freezer. Upvc double glazed window. Wall mounted gas boiler.
Vinyl flooring. Living/Dining Room 5.51m x 3.38m (18' 01" x 11' 01") Two Upvc double glazed windows to the front providing a lovely view of the Mendip Hills. Carpeted flooring. Radiator.
Bathroom White suite comprising of a bath with shower over, pedestal wash basin, WC, vinyl flooring, radiator.
Bedroom 3.99m x 2.84m (13' 01" x 9' 04") Spacious double bedroom with upvc double glazed window, radiator, carpeted flooring. Allocated Parking Space Allocated space for one vehicle.
Material Information 999 year lease from 1993. Each Lease-holder owns a share of the Freehold £60.04 management charge per month. No ground rent - Peppercorn.
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 Old Station Close, Cheddar, Somerset. BS27 3DF
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