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Opportunity summary
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About
A selection of luxury Retirement Apartments located in Mulberry Court in the picturesque town of Burnham-On-Sea with an exclusive communal lounge, kitchen and WC, concierge service, lift access and communal gardens.
Description The property is conveniently located in the heart of Burnham-on-Sea and is a short walk away from local amenities, including the post office, cinema, swimming pool, town centre, sea front and various pubs and shops.
The neighbouring towns of Berrow and Brean are a short drive away and the M5 Junction 22 at Edithmead is around 2 miles away, giving excellent access to Bristol, Taunton, Exeter and the M4 corridor.
The A38 also gives good access to Bristol Airport and there is a mainline railway link in the nearby town of Highbridge.
Directions: From the M5 motorway exit at junction 22 and take the A38 exit to Weston-Super-Mare/Burnham- On-Sea/Bristol (South)/Airport.
At the Edithmead roundabout take the second exit onto the B3140 and at the next roundabout again take the second exit (onto Love Lane/B3140).
At the third roundabout take the second exit (onto Manor Road/B3140), then turn left at St. Andrew’s Church onto Victoria Street. The property is located on your left.
Material Information Additional information not previously mentioned •Mains electric and water •Electric Heating •No Flooding in the last 5 years •Broadband and Mobile signal or coverage in the area.
For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: Flood Information: Tenure Leasehold Service Charge - One beds £2,895.30 per annum (50% semi-annual payment 1st Jan / 1st June) Service Charge - Two beds £4,344.33 per annum (50% semi-annual payment 1st Jan / 1st June) 999 year lease (from January 2023) 6 year Architect Certificate (from 2023) No ground rent (peppercorn) Pets Policy - (Existing pets ok but a 'no replacement' policy) Retirement Policy – Over 55s only.
(Do not have to be retired from work)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Victoria Street, Burnham-On-Sea
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