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See how verdicts work2-bedroom flat · BS20 7AF
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautiful 2 double-bedroom apartment situated on the popular Port Marine development, with fantastic views over the Lock Gate and Marina. Sold with no onward chain.
**Overview** As you enter the apartment, you are immediately taken with how light and airy the accommodation feels throughout.
Being on the third floor it also showcases a variety of wonderful views from all rooms.
The spacious entrance hall has access to a w/c and boiler cupboard with double doors opening onto an impressive open-plan kitchen/ living/dining room measuring over 25'.
This room has 3 windows and French doors opening out to a sunny balcony showcasing the stunning Marina views. The kitchen is fitted with integrated oven, hob with space for free standing appliances.
There are two double bedrooms, the main bedroom has an en-suite bathroom and 2 large built-in wardrobes. The 2nd bedroom is also a great size double bedroom with this time an en-suite shower room.
This apartment offers ample living accommodation throughout, with sensational 360'-degree views.
**Outside** There is a balcony with stunning views over the lock gate and Marina, providing a lovely space to relax and enjoy the outdoors without leaving the comfort of your own home.
There is also an allocated parking space.
**Location** The apartment is positioned in the popular Port Marine development where you'll find picturesque walks, vibrant bars, coffee shops and restaurants.
Also, situated within walking distance to the High Street and Lake Grounds.
**We think...** The apartment is perfect for those who want to make the most out of Marina living and all its fantastic amenities and attractions right on its doorstep.
Situated on the third floor, the light and airy feel is a standout feature of this home. **Material information (provided by owner)** Leasehold.
The lease started in Sept 2004 at 999 years with 977 years remaining. The current Management Fee is £3,722 per year and the Ground Rent is £267 per year. Council Tax Band D.
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 62 Lockside, Portishead
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