1-bedroom flat · BA4 5LX
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This south facing Grade II Listed ground floor apartment is predominantly all on one level with the exception of two internal steps.
Set in the communal gardens in a quiet part of the town, yet still within walking distance of the town’s amenities.
The apartment is approached across the gravelled seating area, which forms part of the communal gardens.
A front entrance door leads into the spacious sitting / dining room which has wood effect flooring, a modern electric oil filled radiator and a window overlooking the communal gardens.
A door leads to the master bedroom and two steps lead down to the kitchen. Overlooking the communal garden, the master bedroom has a modern electric oil filled radiator and a window.
The kitchen is fitted with a modern range of base, drawer and wall units incorporating a stainless steel single drainer unit with wood effect work tops, tiled splashback and tiled floor.
There is an integrated ceramic hob, oven, cooker hood, plumbing for washing machine and space for a freestanding fridge / freezer. A good sized breakfast bar runs along one wall.
From here a door opens into the bathroom which is fitted with a modern white suite of panel enclosed bath with shower and screen, low level wc and wash hand basin in vanity units.
The walls are tiled with contrasting matching tiled floor. OUTSIDE The front of the Grade II Listed building fronts Town Lane. Pedestrian and vehicular access is through Whitstone Close.
The car parking area provides 1 allocated parking space. but there is ample parking available in Town Lane for visitors.
There is a lawned communal garden, sited in the far corner, where residents can enjoy the sunshine and socialise with the other apartment owners, as well as a gravelled seating area.
AGENT’S NOTE The property is Leasehold with a 999 year Lease commencing 2017 with a nil rent. The Maintenance charge for 1/1/2026-31/12/26 = £534.43. ADDITIONAL INFORMATION Electric heating.
Mains water, electricity and drainage are connected. Council Tax Band A.
LOCATION The historic market town of Shepton Mallet offers a range of local amenities and shopping facilities and is within commuting distance of Bristol, Bath, Wells, Frome and Castle Cary with its mainline station to Paddington London.
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 Town Lane, Shepton Mallet, BA4
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