Peter Street, Shepton Mallet

SUMMARY
Sale by Modern Auction (T&Cs apply) Accessed on a single level, the property benefits from a low-maintenance shared courtyard garden - perfect for a small dining area, you'll find a fantastic, fitted kitchen, separate dining space, two bedrooms and recently fitted shower room.


DESCRIPTION
Stylish Two-Bedroom Apartment in Central Shepton Mallet – Offered by Modern Auction

Guide Price: £150,000
Ideal for Investors or First-Time Buyers

Located in the heart of Shepton Mallet and accessed via Peter Street, this charming two-bedroom apartment presents an excellent opportunity for both investors and first-time buyers. Currently operating as successful Airbnb accommodation, the property is generating income for the current owner—please contact the agent for further details.

The apartment is well-presented throughout, combining character features with modern upgrades, including a recently refurbished kitchen and shower room. The layout is practical and spacious, offering comfortable living for a single occupant, couple, or small family.

Its central location provides easy access to local amenities, shops, and transport links, making it a convenient and attractive place to live or let.

All furnishings can be included in the sale, offering a ready-to-go solution for investors or a fully equipped first home for new buyers. Whether you're looking to step onto the property ladder or seeking a ready-to-go investment, this leasehold apartment offers excellent potential for a business venture or your first home.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall 
A warm space offering access into the dining room, kitchen, shower room & both bedrooms.

Storage Cupboard 6' 2" x 6' 3" ( 1.88m x 1.91m )
Very useful space for additional storage - Currently used for guest changeover equipment.

Kitchen 7' x 7' 3" ( 2.13m x 2.21m )
Very well appointed kitchen with a selection of wall and base units, double oven, 4 ring hob with extractor above, wall mounted boiler, plinth heater, fridge and vinyl flooring & Washing machine.

Shower Room 
Double shower with glass shower screen, hand wash basin, WC, extractor, tiling & aqua paneling to splash prone area.

Dining Room 6' 10" x 6' 10" ( 2.08m x 2.08m )
Double glazed window to the front, led lighting & vinyl flooring and radiator.

Bedroom One 10' 1" x 10' 4" ( 3.07m x 3.15m )
Double glazed window to the rear, radiator and double bed

Bedroom Two 8' 9" x 10' 4" ( 2.67m x 3.15m )
Double glazed window to the rear, radiator and vinyl flooring.

Outside 
Shared courtyard space, great for a small dining area and or storage. On street parking is available locally, permits are also available for purchase.

Tenure 
Leasehold - with a 999-year lease and very low services & ground rent - to enquire further on this please call the office on


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.