1-bedroom flat · BA9 9JH
For saleReduced £10k (−15.4%) on 24 JulListed 240 days
Opportunity summary
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About
The flat is situated on the second floor and enjoys the benefit of a longer lounge and bedroom compared to a number of the other flats within the building.
There is a light and airy lounge with an outlook over the communal garden, modern fitted kitchen and shower room.
The House Manager can be contacted from various points within the flat in case of an emergency. For periods when the House Manager is off duty there is a 24 hour emergency careline response system.
Accommodation The main entrance has a security entry phone system for visitors and a remote key fob for the residence that open the double doors into the reception hallway.
The managers office is to the left, and further along the hallway double doors open to the communal lounge. There are stairs or lift to the second floor.
Front door to: Entrance hall: Coved ceiling, large storage/airing cupboard housing pre-lagged hot water tank with immersion heater and electric meter.
Lounge/diner: 17’5” x 10’6” A bright and airy room with a double glazed window enjoying an outlook over the communal garden.
Slimline storage heater, intercom entry phone, coved ceiling, telephone point, two wall light points, emergency pull cord, television aerial point and archway to: Kitchen: 7’3” x 5’5” A fitted kitchen comprising inset single drainer stainless steel sink unit with cupboard below, further range of matching wall and base units with work surface over, extractor, electric cooker, space for tall fridge/freezer, tiled walls and coved ceiling.
Bedroom: 14’3” x 8’8” Slimline storage heater, double glazed window with an outlook over the communal garden, double wardrobe with hanging rail and shelf, emergency pull cord, coved ceiling and wall light point.
Shower room: A modern suite comprising shower cubicle with fitted seat, wash hand basin vanity unit, low level WC, electric heated towel rail, fully tiled walls and extractor.
Outside Attractive communal garden with seating areas.
Agents note: It is a condition of purchase that the residents be over the age of 60 years or in the event of a couple one must be over the age of 60 years and the other over 55 years.
Viewing: Strictly by appointment through the agents.
Value & comps
No previous sales on record.
Returns
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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 38, Homecanton House, Somerset
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