1-bedroom flat · BS21 6FL
For saleReduced £10k (−5.9%) on 9 JulListed 593 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the highly sought-after Coleridge Court development, this beautifully presented apartment is designed exclusively for those aged 60 and over.
With the added benefit of no onward chain, it provides an excellent opportunity for effortless and enjoyable living within a thriving community.
The property features an entrance hall with a generous cloak cupboard, a bright and spacious living/dining room, a contemporary kitchen with integrated appliances and ample storage, a well-proportioned double bedroom with built-in wardrobe space, and a stylish bathroom with modern fittings.
Each room offers a welcoming ambiance and delightful views of charming cottages and surrounding woodland.
Coleridge Court is celebrated for its strong sense of community, with a central communal lounge hosting a variety of social gatherings, including coffee mornings, book clubs, and fish and chip nights.
Additional facilities include a guest suite for visitors, a communal laundry room, and beautifully maintained gardens overlooking the river-an ideal setting for relaxation.
Utilities Mains electric, water and drainage with a communal boiler Broadband and mobile coverage Standard broadband available with highest available download speed 17 Mbps and highest available upload speed 1 Mbps.
You may be able to obtain broadband service from fixed wireless access providers covering this area - EE Mobile coverage is good outdoor and variable in-home. Subject to your network.
This information has either been sourced via the sellers of the property or and is accurate to the best of knowledge.
Lease Information 125 year lease from 01.06.2008 Service charge includes water, sewage and skirting heating, communal grounds upkeep, maintenance, scheduled jobs Pets allowed with prior consent from the management company Lease allows you to rent out the property (subject to management company charges) Ground rent payable twice a year of £365.41 (£730.82 pa) Service charge £3,345.82 pa which = £278.82 pcm Holiday lets/Air bnb – We understand that the lease does not allow for holiday lets or Air bnb.
This information has been supplied by the vendor at the time of marketing and is correct to the best of our knowledge.
We would recommend that any interested party seeks verification of this information from their solicitor prior to purchase.
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
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FAQ
About Flat 15, Coleridge Court, 2, Coleridge Vale Road North, Clevedon
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