2-bedroom flat · TA21 0DQ
For saleListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor apartment / Allocated parking / Two bedrooms Situated on the popular Thomas Fox development and built by Strongvox in 2018, this well-presented first-floor apartment offers modern, low-maintenance living in a desirable location.
The accommodation is bright and spacious throughout, featuring a light and airy L-shaped open-plan kitchen, dining and living area, creating an ideal space for both relaxing and entertaining.
There are two generously sized bedrooms, a contemporary bathroom, and a useful storage cupboard providing additional practicality.
Externally, the property benefits from an allocated parking space, along with visitor parking for guests.
Residents also have access to communal bike and bin stores, adding further convenience to this attractive home.
This apartment would make an excellent first-time purchase, investment opportunity, or downsizing option, combining modern comfort with a sought-after development setting.
Accommodation Entrance Hallway Kitchen/Living 20' 11'' x 19' 4'' (6.38m x 5.90m) Bedroom One 10' 4'' x 9' 11'' (3.15m x 3.02m) Bedroom Two 10' 4'' x 8' 4'' (3.15m x 2.53m) Bathroom Outside Allocated parking space.
Communal bike & bin store. Material Information No 13. Weare House benefits from a 125 year lease which commenced on 1st January 2018.
The service charge is currently £1020 per annum to include the buildings insurance, cleaning of common areas, maintenance of the exterior of the building, window cleaning and a sinking fund to pay for the planned maintenance.
Ground rent is £132 per annum. Estate maintenance charge is £320.
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
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FAQ
About Thomas Fox Road, Wellington
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