4-bedroom house · TA23 0FD
Sold STCReduced £25k (−7.7%) on 28 AugListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious end of terrace townhouse offering 4 bedrooms (1 ensuite), integral double garage, driveway parking for 2 cars, south facing rear garden with side access, and lovely sea views!
Benefitting from gas central heating and double glazing, the accommodation comprises, on the ground floor - entrance hall, utility room, WC, and access into the garage.
The first floor comprises sitting/dining room, and a kitchen/breakfast room with French doors onto the garden. The second floor is home to 2 double bedrooms, a single bedroom, and a family bathroom.
The master bedroom can be found on the top floor, and benefits from an ensuite shower room.
Externally there are 2 off road parking spaces to the front, one to the side of the house and 1 in front of the garage.
A gate from the parking to the side leads into the garden which is laid to lawn at the side with a mature shrub bed.
The rear garden offers a large south facing patio, a timber garden shed, and a sloping bank with artificial grass.
The property is situated in a convenient location within easy reach of the town centre. Watchet is a thriving historic harbour town with a marina for boating enthusiasts.
The town has a good range of facilities meeting most everyday needs as well as a large variety of independent antique, gift and art shops.
Watchet has a station on the West Somerset Heritage Steam Railway - the longest in the country which links it to the coastal resort of Minehead.
Set between the Quantock and Brendon Hills and the Exmoor National Park this is a great area for walking and outdoor pursuits.
Taunton (18 miles), the county town, gives access to the motorway network and fast trains (from 1 hour 40 minutes) to London.
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 17 Lorna Doone, West Street, Watchet
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