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See how verdicts work1-bedroom flat · BS20 6PW
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just a short distance from the popular High Street is this ground-floor one double bedroom apartment in Somerset Mews. The apartment is sold with no onward chain.
Overview As you step inside, you are welcomed by a spacious open-plan kitchen, lounge, and dining area.
The kitchen comes fully equipped with a cooker, hob, fridge/freezer, and space for a standalone washing machine. The double bedroom is generously sized and features built-in wardrobes.
The bathroom boasts a three-piece white suite with a shower over the bath, and there is also a convenient storage cupboard off the hallway. The apartment is sold with no onwards chain.
Outside Outside of the flat you will find an allocated parking space and communal bike store.
Location Nestled at the end of the bustling high street, this apartment offers an array of bars, restaurants, and coffee shops right at your fingertips.
Its proximity to the main routes into and out of Portishead makes it an ideal location for commuters. We think...
This apartment is ideal for a buy-to-let investor or a first-time buyer seeking a peaceful residence within close proximity to all local amenities.
Material information (provided by owner) Council Tax Band : B. The property is a leasehold. The management fee is £1,686.00 per annum with a yearly ground rent of £150.00.
The lease started at 999 years from 2005.
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 Flat 2, 141a, High Street, Portishead
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