1-bedroom flat · BS48 2BP
For saleListed 595 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*OFFERS INVITED*A well presented one bedroom retirement apartment located close to shops and all local amenities.
The apartment comprises; a fitted kitchen with integrated oven and hob overlooking the communal gardens, a generous lounge/diner and a Juliet balcony, a large bedroom with two double wardrobes and a four piece bathroom suite with a separate shower cubicle.
The apartment further benefits from a house manager, well maintained communal gardens, parking, laundry room and residents lounge. Viewing is highly recommended.
*SIX MONTHS MANAGEMENT FEES INCLUDED*EPC: B Entrance Composite door lading into the entrance hall Entrance Hall Wall-mounted secure entry system, good sized cupboard housing the immersion tank with shelving and wall mounted heating system, coving to ceiling, and doors to the lounge-diner, bedroom, and bathroom.
Lounge 4.877m x 3.448m (16' 0" x 11' 4") uPVC double glazed windows overlooking the communal gardens, with Juliet balcony, television point, television point, telephone point, wall sockets, feature fireplace incorporating an electric fire with marble effect hearth and backing, wall-mounted Creda heater, and partially glazed door into the kitchen Kitchen 1.996m x 2.352m (6' 7" x 7' 9") Double glazed window, inset bowl and drainer with mixer tap over, range of drawers, eyeline and base units with rolltop worksurfaces over, integrated ceramic hob with extractor fan over, integrated eyeline oven, space for fridge freezer, mains wired smoke alarm, and tile-effect vinyl floor covering.
Bedroom 4.282m x 2.699m (14' 1" x 8' 10") Double glazed window overlooking the communal gardens, good sized storage cupboard housing the fuse boards and meter, wall-mounted Creda electric heater, television point, and fitted wardrobe providing hanging and storage solutions.
Bathroom 1.962m x 2.5m (6' 5" x 8' 2") Fully tiled with four-piece suite comprising panelled bath with hand held attachment and mixer tap over, wash hand basin set in vanity unit with cupboards below and to the side, close-coupled WC and shower cubicle housing the thermostatic shower, heated towel rail, Dimplex wall heater, Linolite with shaving point, and emergency pull chord.
Material Information The property is leasehold Tax Band C, charged at £2,030.10 for the period 2025/26 Current service charge is £3,819.03 per annum collected in two payment in April and October
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 Silver Street, Nailsea, North Somerset, BS48
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