1-bedroom flat · CF36 3YS
Listing removedListed 385 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prestons are pleased to market for sale this immaculately presented 1 bedroom first floor apartment, adjacent to the Promenade and a short walk to the town centre at Porthcawl.
The property is in exceptional order throughout which would be apparent on an internal viewing which would easily be arranged by prior appointment with our office.
Accommodation comprises: Entrance via wooden front door to: Communal entrance hall: Cushion flooring. Dado rail. UPVC window. Stairs to first and second floor.
Wood front door to: Open plan kitchen / diner / lounge: 18’ 10” x 17’ 7” Overall and into front bay. Laminate flooring. Two modern radiators. Spot light area over kitchen. Breakfast bar.
Built-in seated area in bay to front elevation. Two fitted storage cupboards, one housing wall mounted gas boiler. UPVC fully glazed door leading out to veranda.
UPVC sash windows with stunning views over the Bristol Channel and beyond. Kitchen area: Inset sink and drainer with cupboards below.
Range of matching wall and base units with work surfaces over and incorporating gas hob and oven below and extractor over. Walls part tiled. Breakfast bar.
Bedroom: 13’ 4” x 11’ 11” Overall and to rear elevation. Carpet. Radiator. UPVC window. Shower room: Modern suite in white comprising low level wc, wash hand basin set in a vanity unit.
Square glass shower enclosure with shower over. Spot lighting. Walls are part tiled. Floor tiled. Tall radiator. Extractor. Outside: Parking space for one car to rear, accessed off Gordon Road.
Tenure: Leasehold - 900yrs + remaining on lease annual ground rent: £0.00 (Guidance) annual service charge: £0.00 (Split between 5 Apartments – Guidance) price: £175,000 Important Information Note while we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you, please contact the office and we will be pleased to confirm the position for you.
We have not personally tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for their purposes.
Nothing in these particulars is intended to indicate that carpets or curtains, furnishings or fittings, electrical goods (whether wired or not), gas fires or light fitments or any other fixtures not expressly included form part of the property offered for sale.
This computer generated Floorplan, if applicable, is intended as a general guide to the layout of the property. It is not scale and should not be relied upon for dimensions.
Tenure: We cannot confirm the tenure of the property as we have not had access to the legal documents. The buyer is advised to obtain verification from their solicitor or surveyor.
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 55, Esplanade Avenue, Porthcawl
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