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See how verdicts work2-bedroom flat · BS23 1RS
Sold STCListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no onward chain, a centrally located first floor flat within an easy level walk of the train station, high street and sea front of Weston-super-Mare.
The property which will make an ideal first time purchase or buy to let investment having been let at £800 pcm is Upvc double glazed and has gas central heating and has the added benefit of being approached via its own entrance at ground floor level with an internal staircase leading to a central first floor landing, lounge, 2 good size bedrooms, a kitchen and separate lounge, leasehold tenure.
Entrance - Timber front door with a glazed top light to entrance area, internal staircase rising to.
First Floor Landing - Radiator, telephone point, timber effect laminate flooring, doors to all rooms. Lounge - 3.76m x 3.18m to 2.82m (12'4" x 10'5" to 9'3" ) - TO chimney breast.
Upvc double glazed window to the front, radiator, chimney breast with electric fire, TV and telephone points, timber effect laminate flooring.
Kitchen - 2.87m x 1.70m (9'5" x 5'7") - Upvc double glazed window to the rear, wall mounted gas fired boiler providing hot water and central heating.
The kitchen is fitted with modern white high gloss double and single wall cupboards, single bowl single drainer sink with double cupboard and drawer under, further double base cupboard with roll edge work tops over with tiled splash backs, gas and electric cooker points, radiator, timber effect laminate flooring.
Bedroom 1 - 4.06m x 3.71m to 2.82m (13'4" x 12'2" to 9'3") - Upvc double glazed window to the rear, double radiator, timber effect laminate flooring, TV point.
Bedroom 2 - 3.66m x 2.62m to 1.57m min (12'12 x 8'7" to 5'2" m - An L shaped room with Upvc double glazed window to the front, radiator built in double over stairs storage cupboard, timber effect laminate flooring.
Bathroom - 2.24m x 1.40m (7'4" x 4'7") - Fitted with a suite of pedestal wash hand basin, low level WC, a panelled bath with mixer tap with shower attachment over, tiled walls and shower back walls to the bath area, radiator, tiled effect vinolay flooring, loft access.
Tenure - Leasehold, 999 year lease from 27/07/1988 with a £10 per year ground rent, maintenance believed to be split 50 / 50 with the downstairs property. Material Information.
- Additional information not previously mentioned •Mains electric supply •Water Mains supply Bristol Wessex water •Heating Via gas central heating •Sewerage Mains drainage via Bristol Wessex water •Broadband Via fibre to the property For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: checker.ofcom.org.uk/en-gb/mobile-coverage checker.ofcom.org.uk/en-gb/broadband-coverage Flood Information: flood-map-for-planning.service.gov.uk/location
Value & comps
No previous sales on record.
Returns
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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 Hopkins Street, Weston-Super-Mare
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