1-bedroom flat · BS22 6BU
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership- 75% share ***for over 55's only*** Available through Shared Ownership, this bright and well-presented one-bedroom ground floor apartment is located within the highly regarded Tamar Court retirement village in Weston-super-Mare, exclusively for residents aged 55 and over.
The accommodation comprises an entrance hallway, a generously sized living room, a fitted kitchen, a spacious double bedroom, and a bathroom.
The apartment is ideal for those seeking independent living within a welcoming and supportive community.
Residents can enjoy access to attractive communal gardens and a range of excellent on-site facilities.
Tamar Court has been thoughtfully designed to offer comfort, convenience, and peace of mind, featuring a communal dining room, pamper room, assisted spa bathroom, relaxation garden, and three inviting communal lounges.
Safety and security are prioritised, with a video entry system together with comprehensive fire and smoke detection systems installed throughout both the apartment and communal areas.
The property comes well-equipped with an integrated fridge freezer, washer-dryer, single oven and grill, ceramic hob, and stainless-steel sink.
Designed with energy efficiency in mind, each home benefits from its own utility meter, allowing residents full control over their energy usage and household costs.
Monthly Utility, Food and Service Costs (Estimated): 1 person: £800.84 per month* 2 people: £1,147.85 per month* *Figures are based on average usage and may vary depending on consumption.
Charges include building management, gas, electricity, water, and meal provision.
Shared Ownership Details 75% Share Price: £101,250 Based on a Full Market Value of: £135,000 Monthly Rent: £0 Monthly Service Charge: £339.08 Total Monthly Charge: £339.08, plus any mortgage payment required for the 75% share.
*Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 16, Tamar Court,, Tamar Road, Somerset
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