1-bedroom flat · TA8 1AT
Listing removedListed 113 days
Opportunity summary
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About
A spacious one bedroom ground floor flat, in need of modernisation, offered for sale with no onward chain and is situated within a stone's throw of the town centre and beach beyond.
Communal entrance door leads into the entrance porch and hallway, a door leading to flat 1 opens into the inner hallway with access to the large lounge with bay window with shutters overlooking the front.
There is a double bedroom with window overlooking the courtyard and a shower room with walk in shower area.
The kitchen is fitted with a range of cupboards and worktops with built in oven and hob, extractor hood, built in dishwasher, space for washing machine, space for fridge, space for table and chairs, concealed ‘Ideal’ boiler for central heating and hot water.
A door leads to the rear courtyard where there is a useful storeroom off (floor is in need of attention and could be unsafe at present).
From the courtyard a gate leads to the parking area, which we have been advised is shared with the two other flats on a first come first served basis, accessed via Ravensworth Terrace.
The property is offered with no onward chain and therefore the owners can make a quick decision to serious offers.
Accommodation comprises (all measurements are approximate) Lounge 5.56m into bay 4.5m Bedroom 3.76m maximum 2.82m Shower Room 2.5m maximum 1.68m m Kitchen 3.45m x 3.43m Store Room/Possible Office 3.53m x 3.15m Directions none - Please follow SatNav directions to TA8 1AT Agents Note: none - We advise all prospective purchasers to check with their Solicitor regarding any building regulations/planning consent relating to any conversions or extensions along with any parking restrictions, covenants and boundaries in connection with any properties we are marketing, and if there is any proposed/granted planning near-by.
Tenure Leasehold - We are advised that the Length of lease 999 year from 19th January 1987.
It is understood that all three shared freehold, owners equally share any joint costs associated with the building with the exception of the entrance hall lighting that is paid for by Flat 1.
Buildings insurance is paid on an annual basis (March) and it is organised by a part-freehold owner. All three freeholders pay an equal share of this.
When the policy is due for renewal the broker sends a renewal invite to the freehold owner who organises the insurance and this is share between the flats.
Building-wide issues dealt with informally between the three owners – the vendors understand that there is no management company, associated service charges or sinking fund.
We advise prospective purchasers to check with their conveyancer. Utilities none - Mains electric, gas, water, and sewage.
Broadband none - For an indication of specific speeds and supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/broadband-coverage Mobile none - For an indication of supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/mobile-coverage Flood Risk none - For information relating to flood risk in the area, we would advise interested buyers to use the below government checker: flood-map-for-planning.service.gov.uk/location
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 College Street, Burnham on Sea, Somerset, TA8
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