1-bedroom flat · BS37 4FJ
For saleReduced £5k (−2.9%) on 17 SepListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within Normandy Drive, which is a few minute`s walk to Yate town centre, which offers you practically everything on your doorstep.
The apartment is located on the ground-floor, within the first block on your right-hand side & surrounded by greenery. Three things my vendor fell in love with at the property.
The first was his independence, being a first-time buyer & having his own home. The second, are his neighbours & the small community within his block.
The third aspect is how quiet it is for a modern apartment block close to a town. Park up in your allocated parking space & head on into the communal area.
The communal area gives access to all the floors and apartments as well as the post boxes. The apartments front door leads into the entrance hallway, with all the accommodation off of it.
Starting at the far end of the entrance hallway is the lounge/diner. A dual aspect squared room, which allows plenty of natural light to pour in from the front & side window & French doors.
The lounge/diner opens nicely into the kitchen. A well thought out and planed space, with an additional window, allowing the extra light in. The master bedroom is a good-sized double bedroom.
With fitted wardrobes. The family bathroom is also a sizeable room. With an enclosed panel bath, with an electric shower over. A low-level W.C, wash hand basin as well as a heated towel rail.
The entrance hallway also offers an ideal storage cupboard. My vendor has found a vacant property to move in to, so the chain is ready to go.
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 3, Normandy Drive, Bristol
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