2-bedroom house · TA8 1QW
For saleReduced £5k (−3.5%) on 20 JunListed 182 days
Opportunity summary
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About
An attractive purpose-built first floor, two-bedroom retirement apartment, ideally situated within a stone’s throw of the town centre and beach, close to all local amenities and offered with no onward chain.
Accommodation (Measurements Are Approximate) Upvc double glazed door to the: Entrance Hall (2.18 x 1.22 (7'1" x 4'0")) Night storage heater, airing cupboard.
Living/Dining Room (5.02 x 3.45 (16'5" x 11'3")) Double glazed window to the front, television point, wall mounted electric heater, feature electric fireplace.
Kitchen (2.55 x 2.26 (8'4" x 7'4")) Double glazed window to the front with a range of matching wall and base units with laminate worktop.
Space for electric oven, space for upright fridge/freezer, space and plumbing for washing machine, stainless steel sink unit, tiled splashbacks and laminate flooring.
Bedroom 1 (4.07 x 3.00 (13'4" x 9'10")) Double glazed window to the rear, built in wardrobes. Bedroom 2 (1.99 x 3.06 (6'6" x 10'0")) Double glazed window to the rear, wall mounted electric heater.
Shower Room (2.37 x 1.51 (7'9" x 4'11")) Toilet, wash hand basin and shower with electric shower, floor to ceiling tiles, tiled splashback areas, laminate flooring and heated towel rail.
Wall mounted heater and extractor fan. Electric shaver point. Outside Communal gardens and parking.
Tenure Leasehold 125 years from 1988 Maintenance Charge £2881.56 per year payable £240.13 per month Ground Rent £50 per year Owners to be over 55 years of age.
Description Accessed via a secure communal entrance with entry system, the property benefits from both stairs and a stairlift rising to the first floor, where a private entrance door leads into the apartment.
The lounge is a comfortable and inviting space, featuring a good-sized double glazed window to the front and a feature electric fireplace.
The fitted kitchen, located just off the dining area, offers a good range of storage cupboards including a tall larder unit, along with space for a washing machine, cooker, and fridge/freezer.
The shower room is fitted with a modern suite. There are two bedrooms, with the principal bedroom benefiting from a fitted range of wardrobes and drawers.
Externally, the property is set within well-maintained communal gardens, mainly laid to lawn and complemented by a variety of established bushes and shrubs.
Additional features include a nearby manager’s office and a communal clothes drying area.
Please note, this development is subject to an age restriction, with purchasers required to be 55 years or over.
Material Information Additional information not previously mentioned •Mains electric and water •Water not metered •Heating electric room 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.
Area
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FAQ
About 15, Priory Gardens, Burnham-On-Sea
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