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See how verdicts work2-bedroom flat · TA18 8FD
Sold STCReduced £5k (−3.3%) on 26 OctListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and spacious two double bedroom second floor apartment situated on the outskirts of Crewkerne.
In brief the accommodation comprises entrance hall, open plan kitchen/sitting room, two double bedrooms and a bathroom. The property benefits from double glazing and one allocated parking space.
The property is a great investment or first time buy. Entrance Hall - Intercom system and a dimplex heater.
Sitting Room - 15' 8'' x 13' 8'' (4.77m x 4.16m) - With a window to the front aspect double glazed. Dimplex heater, television and telephone points.
Kitchen - 7' 9'' x 11' 3'' (2.36m x 3.43m) - With a window to the rear aspect double glazed. Fitted kitchen comprising wall and base units, drawers and work surfaces over.
Integrated electric oven, hob and extractor fan, sink/drainer. Space for dishwasher, fridge/freezer and tiling to all splash prone areas.
Bedroom One - 11' 8'' x 10' 8'' (3.55m x 3.25m) - With a window to the front aspect double glazed and a dimplex heater.
Bedroom Two - 11' 0'' x 8' 7'' (3.35m x 2.61m) - With a window to the rear aspect double glazed and a dimplex heater.
Bathroom - 9' 7'' x 7' 2'' (2.92m x 2.18m) - With a window to the rear aspect double glazed.
Suite comprising bath with shower over, low level WC, wash hand basin, heated towel rail and tiling to all splash prone areas.
Cupboard housing the hot water cylinder and plumbing for a washing machine. Outside - There is one allocated parking space. Agents Note - Council Tax Band - B. Mains water, drainage and electricity.
The lease is 999 years from 2017. There is an annual service charge currently (and unchanged this year) of £1,507.36 payable to Jubilee Close Misterton Ltd (JCM) in two installments of £753.68.
This is to cover the cost of cleaning, heating, lighting, fire alarm system and maintaining the common spaces internally and externally. JCM holds a contingency fund in case of unexpected expenses.
JCM is owned jointly by all the individual owners is the building and surroundings. Correspondingly there is no ground rent.
A charge is collected by Old Mill Management Company from every dwelling on the Old Mill development towards the maintenance of the open and landscaped areas. This is currently £154 pa.
There is one allocated parking space. The property is being sold with no onward chain.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Jubilee Close, Crewkerne - ALLOCATED PARKING
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