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See how verdicts work2-bedroom house · BA12 6EE
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fern Cottage is a charming attached period house set in a quiet, peaceful setting, approximately a five minute or so walk from the centre of Mere.
Description - Fern Cottage is a charming attached period house set in a quiet, peaceful setting, approximately a five minute or so walk from the centre of Mere.
In brief the accommodation comprises of a well proportioned kitchen with a range of pine fronted units leading to a lovely cosy sitting room with fireplace opening through to separate dining room.
Also, accessed off the sitting room is a conservatory of good proportion. Additionally to the ground floor is a large bathroom.
To the first floor are two double bedrooms with the main bedroom having an ensuite shower room.
Externally, less than a minute away is a gravelled car park built for the residents of Waterside on a first come first served basis.
The garden with the property enjoys a high level of privacy and lies to the south/south west and is enclosed with hedging and fencing to boundaries.
Access is gained via a courtesy gate from the pathway, the property also has a secondary access being a small bridge from Waterside, please DO NOT use as this has not been tested.
Situation - Mere - Mere is a small country town which offers a good range of everyday facilities including health centre and dentist, supermarket, Flower/Vegetable shop, Post Office, butchers, Primary School, churches, cafes, pubs, electrical shop, golf driving range, fishing lakes and regular local bus services, There are excellent walks in and around the town and also the Wiltshire downs.
The town has easy access to the A303 and main line station at Gillingham (Exeter - Waterloo) approximately 4 miles, the ancient Saxon hilltop town of Shaftesbury is approximately 8 miles and the cathedral city of Salisbury about 24 miles.
Additional Information - Services: Mains Water, Gas, Electricity & Drainage.
Council Authority: Dorset Council ~ Council Tax Band: B Caution: NB All services and fittings mentioned in these particulars have NOT been tested and hence we cannot confirm that they are in working order.
Energy Performance Certificate: Rated: D
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
Agent & docs
FAQ
About Waterside, Mere, Warminster
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