Studio flat · BA20 2DL
Listing removedListed 159 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor studio flat built of render under tiled roof.
Studio flat suitable for a single person working at the Hospital/Augusta Westland site/Garador/Town Centre etc A modern converted studio with one parking space. Modern kitchen and Shower room.
The rent is exclusive of the following utility bills council tax, mains electric, mains gas, water and sewage. There is mobile coverage in the area, please refer to Ofcom's website for more details.
As stated on Ofcom website Ultrafast broadband is available to the area. As stated on the GOV.UK website there is very little risk of flooding.
The property has gas central heating and will be let unfurnished.
Rent - £695 per calendar month / £160 per week Holding Deposit - £160 Security Deposit - £800 EPC band - E Council Tax Band - A No deposit option available via Reposit Outside - There is a communal car park for use of the tenants within the block.
There is a communal grassed area to the rear with a washing line and a grassed lawn to the front.
Situation - Yeovil offers a wide range of excellent shopping, business and cultural facilities; there are many supermarkets within easy reach.
Regular bus services run within the town also serving nearby villages and neighbouring towns.
A mainline railway station will be found at Yeovil Junction, good road links to the A30, A303 and A37 are all close by.
The M5 junction 25 is approximately 20 miles away and the South Coast approximately 25 miles. Directions - What3words///blast.remit.motel
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 62 Preston Road, Yeovil
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