2-bedroom flat · TA9 3FF
Listing removedListed 124 days
Opportunity summary
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About
Located on the first floor of the block is this well presented two bedroom flat with a generously sized lounge, kitchen, family bathroom, two storage cupboards and garage.
The property benefits from being advertised with no onward chain and is ideal for first time buyers and investors.
Accommodation (Measurements Are Approximate) Wooden door leading to: Communal Entrance Hall Stairs rising to the first floor where the entrance door for the flat can be found Entrance Hall Two storage cupboards and doorways to each room Kitchen Fitted with a range of wall and base units with worktop space over, electric oven, four ring gas hob with extractor over, single sink drainer unit, space and plumbing for washing machine, space for upright fridge/freezer, cupboard housing the gas boiler supplying domestic hot water and radiators, and Upvc double glazed window to rear Lounge Generously sized lounge with dual aspect Upvc double glazed windows Bedroom 1 Double bedroom with radiator and Upvc double glazed window Bedroom 2 Double bedroom with radiator and Upvc double glazed window Family Bathroom Fitted with a panelled bath with tiled splashback and shower over, close coupled w/c, hand wash basin, and Upvc double glazed window Garage The garage is located next to the communal entrance door and is perfect for storage space.
Tenure Leasehold 125 years from 01/01/2008 Service Charge £2381.64 per annum to Trinity Estates Ground Rent £299.04 Description Located on the first floor of the block is this well presented two bedroom flat with a generously sized lounge, kitchen, family bathroom, two storage cupboards and garage.
The property benefits from being advertised with no onward chain and is ideal for first time buyers and investors.
Directions From the Esso Garage on the junction of Love Lane and Oxford Street proceed along Love Lane. At the roundabout beside the Tesco Supermarket take the third exit onto Fank Foley Park Way.
Continue to the next roundabout and take a left onto Worston road, which in turn becomes Marconi drive.
Proceed down Marconi Drive bearing left and then turning sharp right where number 48 Marconi Drive will be found on your left hand side.
Material Information Additional information not previously mentioned Council Tax Band-b Epc-c • Mains electric and water. •Water metered. • Gas heating. • Mains Drainage.
•No Flooding in the last 5 years. •Broadband and Mobile signal or coverage in the area.
For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: Flood Information:
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.
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FAQ
About Apartment 1, 48, Marconi Drive, Highbridge
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