2-bedroom flat · TA24 5BW
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Believed to originally date back to the early 1900s and converted into apartments in the early 1990’s, this attractive ground floor apartment is conveniently located within easy reach of the town centre, with the benefits from off-road parking for one vehicle.
The accommodation briefly comprises an entrance hall leading to a spacious open plan, double-aspect living area featuring a charming bay window and a fitted corner kitchen complete with an integrated electric oven and hob.
There are two bedrooms, a bathroom, and the added comfort of gas central heating throughout.
From our office in Friday Street turn right into the Parade, then take the second into Summerland Road and second left into Summerland Avenue.
The property will be found on the left hand side in about a 1/4 mile, at the junction with Tregonwell Road.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Flat 2, 85, Summerland Avenue, Somerset
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