2-bedroom house · BS20 7NY
Sold STCListed 202 days
Opportunity summary
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About
A large ground-floor 2 double bedroom retirement apartment in Waverley Court, conveniently located within a short distance to the Marina, restaurants and cafes and sold with no onward chain.
Overview Waverley Court is the ideal retirement complex for those who are looking to the future and who are wanting convenience from the moment you move in.
The complex offers fantastic facilities which include restaurant, hair and beauty salon, laundry room, hobbies and guest rooms.
There is an onsite manager and even the option of an on-site 24hr care team.
The apartment consists of a spacious entrance hall, with two storage cupboards, a bright and airy lounge opening onto a modern fitted kitchen.
There are two double bedrooms, with the master having direct access to the wet room and a wardrobe.. The apartment is sold with a 75% Share. Sold with no onward chain.
Outside Communal parking can be found at the rear of the property on a first come, first serve basis.
Location The apartment is situated in the Village Quarter and just a minutes walk from the Marina with surrounding shops, cafe's and restaurants nearby. We think...
This spacious apartment offers two good-sized bedrooms, it has lots of natural light, and plenty of storage space. Perfect for those looking to downsize.
Material information (provided by owner) The property is Leasehold, sold with a 75 % share. The service charge is £432.17 per month. There is a Catering Infrastructure charge of £213.05 per month.
The 125 year lease was set up in 2009, so has approx 109 years remaining.
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
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FAQ
About Waverley Court, Portishead
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