2-bedroom flat · BS24 7NN
For saleReduced £5k (−2.3%) on 1 OctListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful top floor purpose built flat located on the hugely popular Locking Parklands development on the Southern edge of Weston super Mare.
Presented in what can only be described as first class condition - this fabulous flat has a great specification and a very stylish interior.
This flat really is worth a look as it has one of the largest footprints that we have seen. The living areas are bright and airy with plenty of windows which bathe the rooms in light.
The position of the block is great too - with a lovely outlook over green space and trees from most windows.
This energy efficient B rated home will no doubt suit first time buyers or somebody downsizing from a larger property.
If it's an easy life with no maintenance or work that you're after - this is for you.
The gas centrally heated and double glazed accommodation briefly comprises: Entrance Hall with storage, larger than average open plan Sitting/Dining Room/Kitchen which has 3 distinct "zones" plus a Balcony, 2 double bedrooms - one with built in wardrobes plus a smart Bathroom with bath & overhead shower.
Other features include: *UPVC double glazing *Superb well appointed Kitchen with integrated appliances *piv air circulation system *Very energy efficient *Secure video entry system *Well tended communal gardens *Highly regarded development *Well specified throughout *2 double bedrooms *Sought after development Outside Very well kept communal gardens.
2 allocated parking spaces for this flat. Tenure: Leasehold - with 246 years remaining Service Charge - £155 per month Council Tax Band: B Energy Rating: B
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 Flat 11, 1, Bishop Path, Weston-Super-Mare
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