1-bedroom house · BS21 6FL
For saleReduced £20k (−12.1%) on 14 JulListed 296 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented second-floor apartment set within the ever-popular Coleridge Court development.
Exclusively available to residents aged 60 and over, the property is offered to the market with no onward chain.
The accommodation briefly comprises an entrance hall, living/dining room, kitchen, bedroom and a contemporary shower room.
The entrance hall provides access to all principal rooms and benefits from generous cloak cupboard storage.
The kitchen is finished to a good standard, featuring a range of wall and base units with complementary tiling to all splash-prone areas.
The light and airy living/dining room enjoys a pleasant outlook over the surrounding area and is enhanced by a feature electric fire.
The bedroom is a well-proportioned double with integrated wardrobe storage.
The contemporary shower room is fitted with a walk-in shower with glazed enclosure, WC, pedestal wash hand basin and LED mirror cabinet.
Coleridge Court is renowned for its friendly and welcoming community, with a centrally located communal lounge hosting a variety of social events including coffee mornings, book clubs and fish and chip nights.
Additional amenities include a guest suite for visiting friends and family, a communal laundry room, and well-maintained communal gardens to the rear of the building overlooking the river.
Ideally positioned, the development is just a short walk from Clevedon Town Centre, the Curzon Cinema and Lidl supermarket, offering excellent convenience for day-to-day living.
Utilities Mains electric, water and drainage with a communal boiler Broadband and mobile coverage Ultrafast broadband available with highest available download speed 1000 Mbps and highest available upload speed 100 Mbps.
Mobile coverage is good outdoor and 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.
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FAQ
About 33, Coleridge Court, Clevedon
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