We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · BS29 6JE
Sold STCListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO ONWARD CHAIN***VIEWS, VIEWS VIEWS***Are you looking for a residential park home in good condition with superb views and privacy ??
Brightestmove are pleased to present to the market this great two bedroom RESIDENTIAL park home, in a very sought after position at Summer Lane, Banwell.
Property comprises: Hallway, lounge, kitchen/diner, shower room, two double bedrooms. Outside you have low maintenance gardens to the front, sides and rear.
There is also allocated parking for one vehicle available( extra monthly charge ). The views from the rear will literally take your breath away offering peace , quiet and tranquillity.
Additional benefits include: uPVC double glazing, LPG gas central heating. These plots are rare to come up for sale so this park home will have a lot of interest.
VIEWING IS ESSENTIAL AND STRONGLY RECOMMENDED !! ENTRANCE HALL 17' 3" x 2' 4" (5.26m x 0.71m) Radiator, smoke alarm, coved ceiling, two new fan lights, NEW CARPET.
On approach to the park home, walk up a few steps on to the veranda, this leads to the uPVC double glazed entrance door in to the hallway, if you prefer you can enter the park home via the uPVC double glazed French doors which leads directly in to the lounge.
KITCHEN/DINER 11' 10" x 10' 0" (3.61m x 3.05m) uPVC double glazed bay window to side aspect, uPVC double glazed window to other side aspect, radiator, cupboard housing combination boiler, inset sink with drainer, built in electric oven, gas hob and extractor above.
The washing machine and tall fridge freezer are included in the sale.
Range of wall and base units with worktops over, coved ceiling, new fan light vinyl flooring, door in to: LOUNGE 14' 5" x 10' 0" (4.39m x 3.05m) uPVC double glazed bay window to front aspect, uPVC double glazed French doors to side aspect, radiator, TV point, telephone point, coved ceiling, spot lights, NEW CARPET.
SHOWER ROOM 7' 4" x 6' 1" (2.24m x 1.85m) uPVC double glazed obscure window to side aspect, radiator, pedestal hand wash basin, low level WC, double shower cubicle with wall mounted mains shower, glass door, extractor fan, coved ceiling, vinyl flooring.
BEDROOM ONE 10' 8" x 10' 0" (3.25m x 3.05m) uPVC double glazed bay window to side aspect, radiator, built in double wardrobes with sliding mirrored doors, built in storage cupboard, coved ceiling, NEW CARPET.
BEDROOM TWO 10' 8" x 7' 3" (3.25m x 2.21m) uPVC double glazed window to side aspect, radiator, built in double wardrobe, coved ceiling, NEW CARPET.
OUTSIDE: FRONT GARDEN Low maintenance laid to stone chippings fence surround, pathway to veranda. SIDE GARDENS Low maintenance laid to stone chippings, outside water tap, storage shed, water butt.
REAR GARDEN Low maintenance laid to patio, fence surround, superb views, privacy to relax and unwind.
TENURE/INFORMATION Ownership of a residential park home is in accordance with the Mobile Homes Act 2013, council tax band A, Ground rent is £167.37 per month.
Age of the park home we are informed is circa 2010 and we are informed there's only been two owners from new.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Summer Lane Park Homes, Banwell
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