1-bedroom flat · BS21 7NE
Listing removedReduced £15k (−8.6%) on 21 JunListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought after Averill Court development in Clevedon, this one bedroom retirement flat presents a fantastic opportunity for those looking to downsize.
Located on the second floor, the apartment benefits from lovely views across the Bristol Channel, bringing a sense of peace and open space.
The accommodation includes a well proportioned living/dining room, separate kitchen, a double bedroom with built-in storage and a shower room.
Averill Court is a well maintained, purpose built development for the over 60s, offering a welcoming community environment, communal gardens, residents’ lounge, laundry facilities and parking (subject to availability).
This property is offered for sale with no onward chain, making for a smooth and hassle free purchase.
Accommodation (All Measurements Approximate) Front door to communal hall leading the front door of 17 Averill Court.
Door opens to: Hall Two large cupboards, one ideal for shoes and coats etc and the other is an airing cupboard with shelving and houses the water tank.
Shower Room Three piece suite of WC, pedestal washhand basin, king size shower, extractor fan.
Bedroom (11' 8'' x 9' 8'' (3.55m x 2.94m)) Two built in wardrobes, window providing lovely views across Clevedon, towards the chanel and the Mendips in the far distance.
Kitchen (9' 9'' x 7' 10'' (2.97m x 2.39m)) Fitted with base and eye level units, working surfaces with sink, electric oven and hob, space for fridge/freezer and space for washing machine, tile effect floor Lounge/Diner (20' 2'' x 9' 9'' (6.14m x 2.97m)) Lovely light, bright room with floor to ceiling bay window offering incredible views to the bedroom.
Outside There are communal gardens with sitting areas and both residents and visitors parking (subject to availability).
Lease Details: Leasehold Term: 999 years from 1 April 1994 until 31 March 2993 Each flat owns a share of the freehold Management Charge: £207.30 per month which includes: Buildings Insurance, water rates, sewerage rates, cleaning of communal areas.
Maintenance of the communal gardens.
Window Cleaning, Maintenance of the building, Fire detection System, Maintenance of the lift which services all apartments, Use of the communal lounge/dining room/kitchen areas, Use of salon allowing for visiting hairdressers, 24 hour care call system, Door security system Management Company: Averill Court Management Company Limited Health And Safety Statement We would like to bring to your attention the potential risks of viewing a property that you do not know.
Please take care as we cannot be responsible for accidents that take place during a viewing.
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 17 Averill Court, Hill Road, Clevedon
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