1-bedroom flat · BS23 2AD
For saleReduced £5k (−3.1%) on 10 OctListed 165 days
Opportunity summary
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About
Situated on the prestigious "Knightstone Island" development within easy reach of the Town Centre and train station, Saxons are pleased to offer this immaculately presented second floor apartment onto the open market.
Accommodation briefly comprises 19ft open plan Lounge/Kitchen with integral appliances, double bedroom with fitted double wardrobe, and fully fitted Bathroom.
The property further benefits views onto Marine Lake, double glazing, and secure allocated parking. Offered vacant with no onward chain complications. Entrance Secure entrance.
Lift and stairs rising to second floor. Door into entrance hall Spacious hallway. Smooth ceiling with two central lights. Smoke detector. Phone entry system. Wall mounted heater.
Large wall length mirror. Cupboard housing boiler. Door to all principal rooms.
Open plan living area - 18'8" (5.69m) x 14'0" (4.27m) lounge area Rear aspect floor to ceiling door and window opening onto Juliet balcony with views of Marine Lake to Weston Hillside.
Smooth coved ceiling with two central lights. TV & BT points. Wall mounted heater. Kitchen area Smooth ceiling with inset spot lights.
Fitted with a range of eye and base level units with square edge work top surface over. Inset stainless steel sink with mixer tap.
4 ring ceramic Smeg hob with stainless steel splash backs, Smeg oven under and extractor over. Integrated Smeg dishwasher, washing machine and fridge freezer. Tiled floor. Under unit lighting.
Bedroom - 12'2" (3.71m) Max x 9'2" (2.79m) Rear aspect double glazed window with views of Marine Lake. Smooth ceiling with central light. Built in wardrobe. TV point. Wall mounted heater.
Bathroom - 7'6" (2.29m) x 6'2" (1.88m) Smooth ceiling with inset spot lights. Extractor.
Comprising panel bath with mixer tap and mains shower over, low level WC and wall mounted wash hand basin with central mixer tap. Heated towel rail. Tiled floor. Large mirror. Shaver point.
Outside The property benefits from access to communal bike storage and shared garden space . Agents note Secure parking space. Vendor has advised the property is leasehold.
Management charges approximately £1,100 every 6 months. Whilst the property is leasehold, the apartment owners have the right to own freehold via Knightstone Island Limited 'B' shares.
Ground rent is 'free' to owners of 'B' shares. The B share costs approximately £3,500. Owners of the B share have the opportunity to extend the lease to 250 years.
Agents disclosure Saxons have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller.
Saxons have not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation.
Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Directions The postcode for the property is BS23 2AD.
If you require further information, please call the office on .
Money laundering regulations 2017 Intending purchasers will be asked to produce identification, proof of address and proof of financial status when an offer is received.
We would ask for your cooperation in order that there will be no delay in agreeing the sale. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 39, Knightstone Beacon, Weston-super-Mare
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