2-bedroom flat · BS20 6BB
For saleReduced £55k (−25.6%) on 21 JunListed 695 days
Opportunity summary
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About
A fantastic upper floor apartment with dual aspect windows overlooking the mature lush rear communal gardens.
The property is offered with no onward chain and boasts a modern separate kitchen, walk in shower and private balcony.
Adlington House Within Adlington residents benefit from many wonderful facilities with a restaurant serving one meal a day, spa and hair salon served by visiting beauticians and hair dressers.
A coffee lounge and activities room provide places to keep active or just relax socialising whilst enjoying a new found hobby.
In brief, the light and airy apartment comprises; entrance hall, utility cupboard with space and plumbing for washing machine and tumble dryer, living room leading through to a dining area with direct access onto the balcony.
The kitchen is fitted with a number integrated appliances including, dishwasher, fridge/freezer, electric fan assisted oven, four ring hob and microwave oven.
A bathroom, two double bedrooms, master with fitted wardrobes and a shower room complete the internal accommodation.
M5 (J19) 3 miles, M4 (J20) 11 miles, Bristol Parkway 14 miles, Bristol Temple Meads 10.5 miles, Bristol Airport 12 miles (distances approximate) Tenure: Leasehold - 125 Years from and including 1st January, 2015 Service Charge - £454.94 per month Contingency Fund - A contribution to the contingency fund is payable on sale or a transfer of ownership.
Fund covers spending for the repair or renewal of communal areas, roofs, lifts etc.
The contribution is 0.5% of the open market value of the point of sale or transfer, for each year or part year of ownership.
Communal Facilities Fee - This fee contributes to the cost of providing the communal facilities. This fee is 1.25% of the open market value of the apartment per year of ownership.
Any part year will be calculated as a full year, capped at 10 years.
Local Authority: North Somerset Council Tel: Services: Mains Water, Drainage & Electric Accommodation Comprising:- Entrance Hall Secure front door opening to the entrance hall, televised intercom system, doors opening to all of the accommodation, utility cupboard with ample space for storage as well as plumbing for a washing machine and dryer, hot water cylinder.
Lounge/Diner A good sized room, open-planed with the kitchen with ample space to position a three piece suite, dining room table and chairs, TV & telephone point, two electric panel heaters, uPVC double glazed French doors opening to the glazed balcony.
Kitchen Fitted with a comprehensive range of wall, base and drawer units with underlighting and worktop space, inset one and half bowl stainless steel sink and drainer unit, integrated fridge/freezer with built-in electric fan oven, four ring hob with pull out extractor hood over, built-in microwave, uPVC double glazed window to rear aspect.
Master Bedroom UPVC double glazed window to the rear aspect, fitted wardrobes, electric panel radiator, TV point. Bedroom Two UPVC double glazed window to the rear aspect, electric panel radiator.
Shower Room Fitted with a three piece suite comprising; low level WC with concealed cistern, pedestal wash hand basin, shower enclosure with mains shower, fully tiled, heated towel rail, recessed ceiling down lighting, extractor fan.
Value & comps
No previous sales on record.
Returns
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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 37, Adlington House, Slade Road, Portishead
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