2-bedroom terraced house · TA21 8FL
Sold STCListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with NO ONWARD CHAIN this neutrally decorated two double bedroom mid terraced house benefits from two allocated parking spaces, fully enclosed level garden, master ensuite, utility space and cloakroom.
The accommodation on offer briefly comprises a uPVC door leading into a hallway with stairs rising to the first floor.
The sitting room is situated at the front of the property and offers ample space for everyday soft furnishings whilst a useful understairs cupboard is perfect for storage.
The kitchen offers a comprehensive and modern range of matching white wall and base units with contrasting worktops and upstands, there is an integrated dishwasher and fridge/freezer along with a built in Bosch single oven with hob and extractor above.
French doors give access and views over the rear garden whilst the adjoining utility area provides space for a washing machine and further storage along with a wall mounted boiler.
Completing the ground floor is a useful cloakroom.
To the first floor there are two double bedrooms with the master benefiting from built in double fronted mirrored wardrobes and an ensuite complete with double walk-in shower cubicle.
Completing the internal accommodation is the family bathroom offering a three-piece white suite.
Externally the property enjoys a pleasant approach of a maturing and popular estate and provides two allocated parking spaces along with gated access to the rear garden which is predominately laid to lawn along with a small area of patio.
AGENTS NOTE As with most with most modern developments there is an annual maintenance charge in place which we understand to be approximately £240 per annum.
LOCATION Follett Close is located on the Longforth Farm development ideally placed on the outskirts of Wellington yet still within walking distance of the town centre.
Wellington offers a wide range of independently run shops and larger national stores including the well renowned Waitrose.
The town also benefits from a good assortment of educational and leisure amenities such as a Sports Centre with its own swimming pool and local cinema.
The town itself stands between the River Tone and the Blackdown Hills.
The County town of Taunton is approximately 7 miles distant with its mainline railway station and the M5 can be DIRECTIONS From our Wellington office, proceed in the Taunton direction passing through the traffic lights and continue to the mini roundabout taking the first exit to Longforth Farm.
As you go into the estate continue along the main road taking a right turn into Maurice Jennings Drive at the bottom of Maurice Jennings Drive turn left onto Proctor Road and them immediately right into Follett Close where the property can be found on the left hand side as indicated by our For Sale board.
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
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FAQ
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