2-bedroom flat · TA8 1PD
Sold STCListed 146 days
Opportunity summary
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About
An opportunity to purchase a two bedroom, first floor flat, situated in Burnham on Sea High Street and close to the sea front.
Accommodation (Measurements Are Approximate) - Double glazed entrance door to: Entrance Vestibule - With stairs rising to the first floor with double glazed window.
Door to the: Utility Room - 2.80 x 2.25 (9'2" x 7'4") - With double glazed window overlooking the side, radiator, two worktops with space under for appliances.
Small built in cupboard and door to the: Kitchen - 1.69 x 1.67 (5'6" x 5'5") - With a range of white fronted base cupboards and drawers and matching wall mounted cupboards.
Worktop with inset stainless steel sink unit, space for cooker, wall mounted Potterton gas fired boiler. Inner Hall - Sliding door from the utility room. Radiator.
Multi pane glazed door to the: Lounge - 3.62 maximum x 3.50 (11'10" maximum x 11'5") - Fireplace surround with tiled hearth, radiator, dual aspect double glazed windows overlooking the front and side.
Bedroom 1 - 3.35 x 2.78 (10'11" x 9'1") - Radiator, double glazed window overlooking the side, access to roof space.
Bedroom 2 - 2.03 x 1.81 (6'7" x 5'11") - Window, radiator and small built in cupboard.
Shower Room - 1.84 x 1.73 (6'0" x 5'8") - Corner shower cubicle with wall mounted shower, pedestal wash hand basin and low level w.c. Radiator and obscure double glazed window.
Tenure - Leasehold 2000 years from 3rd September 1963 Peppercorn Ground Rent Service Charge - There is no cross-liability between the flat and the downstairs shop (being the only adjoining property), formal or informal.
Description - Situated on Burnham High Street, and so highly convenient for all town centre facilities and beach, this two bedroom, first floor flat offers great potential as a home or buy to let investment.
Whilst requiring updating, the first floor accommodation briefly comprises: Entrance door (from Cross Street), stairs to the first floor where you enter a room that is currently a utility area with door to an internal kitchen.
The inner hall gives access to all other rooms including a spacious, dual aspect lounge which overlooks the front and side, two bedrooms and a shower room.
The property is gas centrally heated and double glazed. Directions - From the Esso service station at the top of Love Lane, turn left onto Oxford Street and third right into College Street.
Turn left at the T junction onto the High Street where the flat is located with its entrance door off Cross Street.
Material Information - Additional information not previously mentioned Council Tax Band-A EPC-D •Mains electric, gas and water •Water not metered •Gas central 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: checker.ofcom.org.uk/en-gb/mobile-coverage checker.ofcom.org.uk/en-gb/broadband-coverage Flood Information: flood-map-for-planning.service.gov.uk/location
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
Agent & docs
FAQ
About High Street, Burnham-On-Sea
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