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See how verdicts work2-bedroom flat · TA6 5QX
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* No onward chain * Two bedroom ground floor apartment * Allocated parking * A well proportioned two bedroom ground floor apartment located within 'Blakespool Park' development and within easy walking distance to the town centre.
The property would make an ideal first time/investment purchase. The accommodation is fully UPVC double glazed and warmed by electric heating.
The internal accommodation comprises in brief; communal entrance, entrance hall, sitting/dining room, kitchen, two bedrooms and bathroom.
Externally there is a communal bin store and bike storage and allocated parking as well as well maintained communal areas Energy Rating: D Communal Entrance Door to; Entrance Hall Doors to all rooms.
Airing cupboard. Sitting/Dining Room 15' 4'' x 12' 6'' (4.67m x 3.81m) Front aspect window. Kitchen 8' 2'' x 7' 5'' (2.49m x 2.27m) Integrated oven and hob with extractor hood over.
Bedroom 1 9' 6'' x 8' 9'' (2.89m x 2.67m) Rear aspect window. Built-in wardrobes. Bedroom 2 7' 8'' x 7' 3'' (2.33m x 2.21m) Rear aspect window.
Bathroom 7' 2'' x 7' 2'' (2.19m x 2.18m) Low level WC, wash hand basin and bath with electric shower over.
Agents Note This property is 'leasehold' with a 99 year Lease commencing on 1st January 1989.
There is an annual Ground Rent to pay of approximately £75 and an annual Service/Maintenance Charge which is currently levied at approximately £900.
Full details of the Lease can be sought via your legal representative.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Teal Close, Bridgwater
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