1-bedroom flat · TA6 5EG
Listing removedListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom flat situated in the market town of Bridgwater. This top floor flat which briefly comprises of Entrance Hall, lounge, bedroom, kitchen, bathroom.
Outside there is off street parking(rented monthly at £40 pcm) and half share of a double garage. Description One bedroom flat situated in the market town of Bridgwater.
This top floor flat which briefly comprises of Entrance Hall, lounge, bedroom, kitchen, bathroom. Outside there is off street parking(rented monthly at £40 pcm) and half share of a double garage.
Accommodation All sizes are approximate.
Main Door Main door into communal entrance hall with stairs to the top floor, front door into:- Entrance Hall Lounge (4.9 x 2.6 (16'0" x 8'6")) Double glazed window to front, electric wall heater, cupboard housing hot water tank.
Bedroom (3.0 x 2.44 (9'10" x 8'0")) With built in wardrobes. Kitchen (2.3 x 1.5 (7'6" x 4'11")) Range of wall & base units, space for electric cooker, space & plumbing for washing machine.
Extractor fan. Bathroom (3.0 x 2.4 (9'10" x 7'10")) Pedestal wash hand basin, low level w/c, panelled bath with electric shower over.
Outside Secure gated entrance, there is a parking space within a secure garage and a further parking space which is currently rented at a cost of £40.00 pcm Tenure 999 year lease from 1999 with a service charge of £840.00 per year.
Material Information...
Additional information not previously mentioned •Mains electric •Water metered •Heating electric room heating •Mains Sewage •No Flooding in the last 5 years or not •Broadband and Mobile signal or coverage in the area.
For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: Flood Information:
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
Agent & docs
FAQ
About Flat 7, Mariners Court, Mariners Close, Bridgwater
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