1-bedroom flat · TA21 9EH
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain/Ground floor flat/Garden This is a ground floor apartment forming part of a converted period house, conveniently situated within walking distance of Wellington town centre and its range of shops, amenities and transport links.
The property is accessed via an entrance to the side of the building, with leads only to two flats making it a semi-private entrance.
As you enter you're welcomed by a hallway which provides access to all the rooms.
The sitting room offers space for both seating and dining furniture and leads through to the kitchen/dining room, providing a practical layout for everyday living.
The apartment also benefits from a double bedroom and a shower room.
The property retains features associated with its period origins while benefiting from modern fittings, creating a home suited to a range of purchasers, including first-time buyers, downsizers and investors.
An opportunity to acquire a ground floor apartment within a converted period house in a convenient location.
Energy rating : D -65 Accommodation Hallway Sitting Room 17' 10'' x 15' 4'' (5.43m x 4.67m) Kitchen/ Dining Room 17' 1'' x 9' 0'' (5.2m x 2.74m) Bedroom 14' 0'' x 12' 1'' (4.26m x 3.68m) Bathroom Outside Material Information No 2.
Priory House benefits from a 999 year lease which commenced on 1st January 1989.
The service charge is currently £130 per month to include the buildings insurance, grounds maintenance, cleaning of common areas, maintenance of the exterior of the building, window cleaning and a sinking fund to pay for the planned maintenance.
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
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FAQ
About Priory, Wellington
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