1-bedroom flat · BS22 6AF
Listing removedReduced £5k (−3.7%) on 30 JunListed 237 days
Opportunity summary
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About
* First Floor Retirement Flat * Double Bedroom * Lounge/Diner * Communal Gardens * 24 Hour Emergency Call System * Local authority North Somerset Council Tax Band: B Tenure: Leasehold with 109 years remaining of a 125 year Lease from 2008.
There is a Maintenance Charge of £3140.88 per annum or £261.74 per month. There is a Ground Rent of £365.41 per annum.
EPC Rating: B accommodation communal entrance Security entry system into communal entrance, house managers office, resident lounge with access to communal gardens, lift to all floors and stairs with a stair lift.
Entrance hall Wooden entrance door into hallway, Tunstall entry system with emergency pull cord, storage cupboard with light housing hot water tank, consumer unit, electric meter and shelving.
Lounge/diner 16' 11" x 10' 4" (5.17m x 3.17m) UPVC double glazed Juliette balcony to side, UPVC double glazed window to rear, freestanding electric fire set into feature surround, TV point, coved ceiling, wall mounted electric heater, glazed doors to: Kitchen 7' 5" x 7' 2" (2.27m x 2.19m) Fitted with a range of wall and base units with complementing work surface, stainless steel sink and drainer unit with mixer tap over, tiled splashbacks, built-in electric hob with extractor hood over, eye level electric oven, integrated under counter fridge and freezer, coved ceiling, UPVC double glazed window to rear.
Bedroom 11' 5" x 9' 4" (3.49m x 2.85m) UPVC double glazed window to rear, built-in double wardrobes, telephone point, coved ceiling, wall mounted electric heater.
Shower room Walk-in glazed double base shower with mains shower over, Aquabord splashback, vanity unit with inset wash hand basin, low level WC, extractor, emergency pull cord.
Outside There are communal gardens which can be used by all residents. They are mainly laid to lawn with flower and shrub borders. Agents note The property is for over 60's only.
The property is Leasehold with 109 years remaining of a 125 year Lease from 2008.
There is a Maintenance Charge of £3140.88 per annum or £261.74 per month which includes employment of the Manager, upkeep of Communal Areas, repairs and maintenance of Emergency Call system, lift and general maintenance.
There is also a Ground Rent of £365.41 per annum. Material information Electric, Water, Sewerage all main supplied. Broadband to the premises is available.
For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: Flood Information:
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.
Area
Agent & docs
FAQ
About 29 Fussells Court, 11, Station Road, Weston-super-Mare, North Somerset
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