2-bedroom flat · TA2 6DQ
Sold STCListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and immaculately presented two bedroomed top floor apartment is situated in the desirable village of Norton Fitzwarren and offered to the market with NO CHAIN.
The property features an entrance hall, kitchen, sitting/dining room, two generous double bedrooms and a family bathroom.
Externally the property benefits from one allocated parking space and a communal bin storage area.
Energy rating: B-81 Hallway 12' 9'' x 4' 4'' (3.88m x 1.32m) sitting/Dining Room 14' 0'' x 12' 5'' (4.26m x 3.78m) Kitchen 9' 5'' x 6' 8'' (2.87m x 2.03m) Bedroom 1 11' 5'' x 8' 7'' (3.48m x 2.61m) Bedroom 2 11' 6'' x 8' 3'' (3.50m x 2.51m) Family Bathroom 7' 2'' x 6' 2'' (2.18m x 1.88m) Outside Allocated parking space.
Communal bin storage. Tenure and Outgoings The apartment is leasehold and benefits from a 125 year lease dated 1st April 2008 (108 years remaining).
The ground rent is £250 per annum and the service charge is £1,000 per annum.
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 Norton Fitzwarren
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