1-bedroom flat · TA6 5RD
Listing removedListed 237 days
Opportunity summary
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About
A well proportioned one bedroom ground floor flat located in a block of similar flats within the sought after and popular ‘Blakespool Park’ development, which is located within 10 minutes walking distance approximately 1 mile south of the town centre of Bridgwater.
The block which was built approximately 20 years ago, is constructed of cavity walling under a pitched, tiled, felted and insulated roof.
The well proportioned accommodation briefly comprises: Lounge/Diner, Kitchen, Double Bedroom, Bathroom & Separate W.C.. Economy ‘7’ heating is provided & there is UPVC Double Glazing.
There is also an intercom security entry phone system. Outside there is an allocated parking space as well as visitors parking making. There is also a bus stop close by.
We feel the flat would provide an ideal investment buyers property. Early viewing is advised to avoid disappointment. Accommodation ground floor Entrance hall Personal door to flat no.
6 entrance hall Security entry phone. Door to: Inner hall Airing cupboard with factory lagged cylinder, immersion heater. Night storage heater. Door to: Lounge/diner 14’3” x 12’3” reducing to 7’5”.
Window to front. Telephone and TV aerial points. Night storage heater. Smoke detector. Arched window opening. Kitchen 7’8” x 7’6”.
With range of floor and wall mounted cupboards units with single drainer sink unit inset into rolled edge work surfaces with tiled surround. Plumbing for automatic washing machine.
Space for fridge/freezer and electric cooker. Matching tall cupboard. Extractor unit. Bedroom 9’3” x 8’9” plus louvered doors to double built-in wardrobe. Window to rear. Electric panel radiator.
Bathroom Window to rear. White suite comprising pedestal wash hand basin with tiled splash back. Panel sided bath unit with tiled surround and electric shower over. Electric wall heater.
Separate WC With low level WC. Extractor unit. Outside Bin storage area. Designated allocated parking space within the compound immediately to the front of the block.
Also well maintained communal gardens. Tenure - Leasehold - 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 £890.
Full details of the Lease can be sought via your legal representative. Viewing.
By appointment with the vendors agents Messrs Charles Dickens, who will be pleased to make the necessary arrangements Services Mains electricity, water & drainage Energy Rating tbc Council Tax Band A Broadband & Mobile Information available at
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.
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FAQ
About 6, Grebe Court, Bridgwater
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