1/13
Auction
£150,000
Semi-detached · 3 beds · 1 bath
Town Street, Shepton Mallet, BA4
0.04 miles away
Freehold
1/10
1/10
2 bed flat for sale Lower Lane, Shepton Mallet, BA4
Asking price
£121,500
Added on 02/10/2026
Added on 02/10/2026
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- £217 per sq ft
- Tenure
- Leasehold
- 105 years left(from the agent's description)
Service charge £3,180 a year(from the agent's description)Ground rent £200 a year(from the agent's description) Council tax Band B £1,992 a year
* From the agent's description. Check it with them before you rely on it.
Key features
- Located close to the town's amenities
- Potentially offered with no onward chain
- Easy access from pavement level
- 2 double bedroom apartment
- Open plan kitchen / dining / sitting room
- Accommodation arranged on two levels
- Newly fitted double glazing
- Electric heating
- Council Band B
- First year service charge paid subject to level of offer
About this property
This two bedroom split level apartment conveniently located for the town's amenities offers deceptive accommodation and could be offered with no onward chain. The current owner has carried out a series of refurbishment to the property. Internal viewing is recommended to appreciate the size of the property.
DESCRIPTION
Being part of a modern building of 1 & 2 bedroom apartments with parking available in Lower Lane. Number 8 is accessed from the pavement through the communal entrance door with entry phone into the communal hallway. Steps lead down to Lower Lane, however two steps down and two steps up (virtually ground floor) to the communal landing gives access to the apartment. The main door leads into the entrance hall with doors to principal rooms and a useful storage cupboard.
Floorplan
Council tax
Band B £1,992 a year
Per year
- Band A£1,707
- Band BThis home: £1,992
- Band C£2,276
- Band D£2,561
- Band E£3,130
- Band F£3,699
- Band G£4,268
- Band H£5,121
This home is in band B, which costs £1,992 a year in Somerset for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Somerset, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Price guide
This home
£217 / sq ft
Area average (sold)
£301 / sq ft
Price per area, sold homes nearby
£212 / sq ft
£217 / sq ft
£384 / sq ft
Lowest
This home
Highest
£217 per sq ft, below the middle of recent sales in BA4 (£212–£384, 10th–90th percentile, 361 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 361 homes sold in BA4 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in BA4 →
Location
Lower Lane, Shepton Mallet, BA4
Mortgage and stamp duty
Property price £121,500
£60k £183k
Deposit10% £12,000
£0 £122k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £109,500 mortgage. Most lenders would want a household income of about £25,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 17, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Mar 2026 | 560 sq ft £211/sq ft | 560 sq ft | £211 | £118,000 |
| Flat 8, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Apr 2025 | 560 sq ft £191/sq ft | 560 sq ft | £191 | £107,000 |
| Flat 14, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Jul 2024 | 614 sq ft £196/sq ft | 614 sq ft | £196 | £120,000 |
| Flat 1, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | May 2024 | 409 sq ft £202/sq ft | 409 sq ft | £202 | £82,500 |
| Flat 15, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Oct 2023 | 678 sq ft £176/sq ft | 678 sq ft | £176 | £119,220 |
| Flat 12, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Sept 2022 | 560 sq ft £214/sq ft | 560 sq ft | £214 | £120,000 |
| Flat 10, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Mar 2022 | 657 sq ft £178/sq ft | 657 sq ft | £178 | £117,000 |
| Flat 14, Waterloo House, Lower Lane Flat / maisonette | Flat / maisonette | Aug 2020 | 614 sq ft £166/sq ft | 614 sq ft | £166 | £102,000 |
All sales on Lower Lane → All sold prices in Shepton Mallet →
Area insights
The neighbourhood around this property.
Marketed by
Cooper and Tanner, Shepton Mallet
32 High Street, Shepton Mallet, Somerset More properties from this branch
