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See how verdicts work2-bedroom flat · BS1 6GL
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The Property- An impressive and spacious two-bedroom apartment positioned within the highly regarded Steamship House development, enjoying a fantastic waterfront setting and a generous open-plan layout.
Upon entering, you are welcomed into a bright and contemporary home, with natural light flowing throughout the apartment.
The standout feature is the substantial open-plan kitchen and living space, providing an excellent setting for both everyday living and entertaining.
The modern fitted kitchen offers a good range of wall and base units, integrated appliances and ample preparation space, while the living area benefits from large windows and direct access onto the private balcony.
The balcony is a particularly appealing feature, overlooking the harbour waterfront and providing the perfect spot to enjoy a morning coffee, unwind after work or entertain during the warmer months.
The combination of the open-plan living space and waterfront outlook gives the apartment a real sense of space and makes it an ideal city home.
There are two spacious double bedrooms, both benefiting from plenty of natural light.
The principal bedroom is a generous room with the added benefit of a modern en-suite shower room and ceiling fan, while the second double bedroom provides excellent flexibility and could also work well as a guest room, home office or additional living space.
A separate contemporary bathroom completes the accommodation, while underfloor heating throughout ensures the apartment remains warm and comfortable all year round.
The property also benefits from an allocated parking space, an increasingly valuable feature for city living.
Outside- One of the additional benefits of this apartment is the separate external storage unit, providing useful additional space for bikes, outdoor equipment and belongings that you would rather keep outside of the apartment itself.
Steamship House also benefits from beautifully maintained communal areas, creating an attractive and well-kept environment throughout the development.
The combination of the communal grounds, private balcony, allocated parking and external storage makes this a particularly practical apartment for both owner-occupiers and investors.
Location- Steamship House enjoys an enviable position within Bristol's vibrant harbourside, offering the perfect balance of waterfront living and city convenience.
The surrounding area is renowned for its selection of independent cafés, restaurants, bars and leisure facilities, with much of what Bristol has to offer accessible on foot.
The city centre is within easy reach, providing access to Cabot Circus, Broadmead, Bristol's commercial districts and a wide range of shops and amenities.
The harbourside itself offers a fantastic setting for walking, running or simply enjoying the waterfront, with many popular destinations close by.
For commuters, the apartment is also well positioned for Bristol's wider transport links, with Bristol Temple Meads station accessible from the property and excellent connections across the city and beyond.
Council Tax Band: D (Bristol City Council) Tenure: Leasehold (131 years) Ground Rent: £300 per year Service Charge: £2,000 per year Hall Living Room/Kitchen 7.92m x 3.50m (26'0 x 11'6) Balcony Bedroom 1 4.38m x 4.19m (14'4 x 13'9) En-Suite 2.27m x 1.46m (7'5 x 4'9) Bedroom 2 3.27m x 2.61m (10'9 x 8'7) Bathroom 2.77m x 1.99m (9'1 x 6'6)
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.
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FAQ
About Flat 23, Steamship House, Bristol
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