2-bedroom flat · TA6 3PE
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom First Floor Flat | Allocated Parking | No Onward Chain | Great Potential Available with no onward chain, this two bedroom first floor flat offers an excellent opportunity for first time buyers, investors or those looking to downsize.
Benefiting from allocated off road parking beneath a car port, gas central heating and UPVC double glazing throughout, the property would now benefit from general cosmetic improvement and freshening up, allowing a purchaser to put their own stamp on it.
The accommodation comprises in brief; communal entrance, private entrance hallway, two bedrooms, bathroom, and an open plan living/dining space leading through to the kitchen.
Externally, the property benefits from allocated parking beneath the car port. AGENTS NOTE: This property is 'leasehold' with a 125 year Lease commencing on 1st January 2006.
There is an annual Ground Rent to pay of approximately £200.00 together with an annual Service/Maintenance Charge which is currently levied at £1,400.00.
Full details of the Lease and charges can be sought via your legal representative.
EPC Rating: C Agency Registration Number: 11962171 Living/Dining Room 3.9m x 4.7m Kitchen 2.7m x 2.9m Bedroom 1 3.4m x 3.8m Bedroom 2 2.7m x 2.7m Bathroom 1.9m x 2.7m
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 Riverside Close, Bridgwater, TA6
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