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See how verdicts work3-bedroom flat · BS23 2AB
For saleListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***INVESTMENT ONLY***THREE BEDROOM FLAT*** ALLOCATED PARKING SPACE***CLOSE TO SEAFRONT AND TOWN CENTER*** Situated in a quiet development close to the town centre and seafront this three bedroom flat is currently offered to the market with a tenant in situ.
The property briefly comprises of a lounge, kitchen, three bedrooms, ensuite to principle bedroom and bathroom. Outside the property benefits from one allocated parking space. EPC Rating C.
Property Information ***INVESTMENT ONLY***THREE BEDROOM FLAT*** ALLOCATED PARKING SPACE***CLOSE TO SEAFRONT AND TOWN CENTER*** Situated in a quiet development close to the town centre and seafront this three bedroom flat is currently offered to the market with a tenant in situ.
The property briefly comprises of a lounge, kitchen, three bedrooms, ensuite to principle bedroom and bathroom. Outside the property benefits from one allocated parking space. EPC Rating C.
Material Information Council Tax Band C Annual Charge £2,284.66 Flood Risk Assesment Information: 999 year lease from 2006 Service Charge - TBC Ground Rent - TBC The vendor informs us the management company is in the process of being changed over and therefore the management charges cannot be confirmed at present.
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
Agent & docs
FAQ
About Manilla Place, Weston-Super-Mare, Somerset, BS23
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