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See how verdicts work2-bedroom flat · BS31 3TJ
For saleReduced £25k (−7.7%) on 27 JunListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Longreach is a superb development of apartments which were converted in 2005-2006 with the work undertaken by a well respected firm of local builders, Messrs Biggs.
Longreach is a land mark building set on the outskirts of Saltford which was previously owned by Horace Batchelor of Radio Luxembourg fame.
It enjoys a very convenient position close to bus stops, Flourish farm shop, café and backs onto fields. Apartment 5 is situated on the first floor.
Internally the apartment is extremely spacious, well appointed and tastefully decorated throughout.
It has the advantage of a luxury fitted kitchen with granite work tops and a full range of quality built in appliances.
The master bedroom benefits from en-suite facilities and there is a second double bedroom with dual aspect windows. There is also a separate well specified bathroom.
Externally there are two allocated parking spaces, a bike store and is settled within beautiful grounds. There is also good access to the Bus network with regular buses.
The property is ideal for those seeking a property to lock up and leave or keen to keep maintenance to a minimum or perhaps with impending retirement in mind.
Equally it could suit professionals seeking an easily run home with excellent access to Bristol and Bath.
The property is located on the first floor and benefits from use of the beautiful communal gardens.
Saltford is an excellent strategic location between the cities of Bristol and Bath offering a range of village amenities and excellent local schools both the village primary school and Wellsway School at Keynsham.
The cities of Bristol and Bath are within easy reach by road and public transport. In fuller detail the accommodation comprises (all measurements are approximate): Entrance Hallway Entry phone system.
Coved ceiling. Radiator. Phone point. Wall lights. Double storage cupboard / coats cupboard.
Sitting Room (4.70 x 3.94 (15'5" x 12'11")) Double glazed window and double glazed French doors leading to a Juliet balcony. Wall lights. Radiator. Television and satellite point.
Kitchen (3.35 x 2.69 (10'11" x 8'9")) Double glazed window. Coved ceiling. Wall mounted boiler.
A range of wall and base units comprising cupboards and drawers with tiled splash backs and granite work surfaces, stainless steel one and half sink and drainer with a mixer tap.
Built in washing machine, fridge freezer and dishwasher. Inset gas hob, Neff built in oven. Stainless steel cooker hood. Vinyl floors. Radiator.
Bedroom 1 (3.93 x2.88 max (12'10" x9'5" max)) Double glazed French doors lead to a Juliet balcony. Coved ceiling. Radiator. Television and satellite point. Built in wardrobe.
Ensuite (1.65 x 1.63 (5'4" x 5'4")) Corner shower with curved glass sliding doors and thermostatic controlled shower. Pedestal basin basin. Toilet. Part tiled walls. Extractor fan. Heated towel rail.
Tile floor and part tiled walls. Bedroom 2 (3.37 x 3.12 (11'0" x 10'2")) Dual aspect double glazed windows. Coved ceiling. Radiator. Television and satellite point. Phone point.
Entry lobby with built in wardrobe.(2.22 include wardrobe x 1.41) Bathroom (2.19 1.70 (7'2" 5'6")) Bath with mixer tap and a hand shower. Toilet. Pedestal basin.. Part tiled walls. Extractor fan.
Heated towel rail. Tiled floor and part tiled walls. Parking There are two allocated parking spaces next to each other. Visitor spaces are also available. There is a bike store for residents.
Gardens There are communal gardens that offer a superb space to enjoy. The area is laid mainly to lawn, with flower beds and shrubs, an attractive willow tree sits centrally on the lawn.
There are also seating areas on the footpaths. Tenure Share of freehold 999 years from 1st December 2005 Council Tax According to the Valuation Office Agency website, .
The present Council Tax Band for the property is D.
Please note that change of ownership is a ‘relevant transaction’ that can lead to the review of the existing council tax banding assessment Additional Information Local authority.
Bath and North East Somerset Service Charge £1800 per year Services. All amins services connected Mobile phone EE O2 Three Vodafone all good outdoor signal Broadband Ultrafast 1000 mps Source Ofcom
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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About Apartment 5, Longreach, Bath Road, Bristol
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