2-bedroom flat · TA6 3PP
Sold STCReduced £5k (−3.7%) on 11 JunListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Top Floor Flat | Allocated Parking | No Onward Chain A two-bedroom top floor flat with allocated parking and no onward chain, situated within walking distance of Bridgwater town centre.
The property presents a great opportunity for both first-time buyers and investors.
The flat is accessed via an internal hallway with a useful storage cupboard, leading into the open-plan kitchen, dining and living area ideal for modern, flexible living.
There are two bedrooms, both well-proportioned, and a bathroom completing the accommodation. The layout maximises space and natural light throughout.
Hallway entrance hallway with useful storage cupboard.
Open-Plan Lounge / Dining Area 15' 5'' x 7' 6'' (4.7m x 2.29m) Lounge 8'10" x 8' 3" (2.7m x 2.53m) Dining Area part of a well-planned top floor apartment.
Kitchen 8' 7'' x 8' 3'' (2.61m x 2.51m) Kitchen area open to the living space – practical layout Bedroom 1 10' 6'' x 9' 3'' (3.2m x 2.81m) Large, double sized room.
Bedroom 2 8' 2'' x 6' 11'' (2.5m x 2.1m) Ideal for guests, home office or storage.
Bathroom 8' 1'' x 5' 3'' (2.47m x 1.6m) Bathroom fitted with bath with over head shower, WC and wash hand basin.
AGENTS NOTE This property is 'leasehold' with a 125 year Lease commencing on 1st January 2006.
There is an annual Ground Rent to pay of approximately £300.00 together with an annual Service/Maintenance Charge which is currently levied at £1,440.00.
Full details of the Lease and charges 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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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 Riverside Close, Bridgwater
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