2-bedroom flat · BS24 7BF
Under offerListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHARED OWNERSHIP home available to purchase from a 40% share from £82,000 Book an appointment with our experienced Shared Ownership Sales Advisor.
Plot 12: The Claverton - A high quality two bedroom first floor apartment, located on the popular Locking Parklands development.
Upon entering the property, double doors open into a practical utility area, conveniently tucked away from the main living space.
From the hallway, there is access to a single bedroom, ample storage, a family bathroom and the master bedroom.
At the end of the hallway, you are welcomed into a good size open-plan kitchen, living and dining area.
Externally, the property benefits from 2 allocated parking spaces Plots: 12,13,14,15 (First, Second and Third Floor) 100% sales value: £210,000 Minimum share purchase: 40% Purchase price of share: £84,000 Rent per month: £183.75 Service charge per month: £58 Eligibility Requirements To qualify for this scheme, you should: -Create a login and apply for this property on the Curo Sales website -Must have a local connection to North Somerset About Shared Ownership You buy a share in a home, usually between 25% and 75%, and pay a discounted rent to Curo on the remaining share.
This means you'll need a smaller deposit and a smaller mortgage, making it easier and more affordable for you to own a home.
You can then purchase more shares at a time that is right for you, in most cases, up to 100%.
This process is called 'staircasing' and once you've achieved full ownership, you'll no longer need to pay rent to us.
Curo @Locking Parklands On the outskirts of Weston-super-Mare sits the pleasant parish of Locking, home to Phase 4 of Locking Parklands, Curo's new residential development of 124, one and two bedroom apartments, and two, three and four bedroom homes.
Located in the heart of the wider scheme, Phase 4 will be a contemporary range of attractive, energy-efficient homes in a glorious greenspace setting.
Thanks to the nearby parkland brimming with established, protected trees and rich wildlife habitats, residents at this new community of homes for sale will find the area to be both peaceful and convenient.
Locking is a peaceful new village that has many amenities right on its doorstep.
It's also only a 10-minute drive from the increasingly popular Weston-super-Mare: a vibrant coastal town with so much on offer.
Home to a two-mile long sandy beach and the iconic Grand Pier, activities such as water sports, seawater swimming or fish and chips on the beach no longer have to be a yearly treat.
Weston has developed into a destination designed for year-round living.
With parks, cinemas, music venues, independent shops, two theatres and amazing restaurants, there are endless activities to keep you and your loved ones entertained.
Getting to the city is quick and stress-free. From Weston-super-Mare, there is a direct train to London, and it takes less than half an hour to get to Bristol.
For drivers, you can get on the M5 in under 10-minutes.
*Curo* We're a local housing association and housebuilder working to deliver high quality homes for sale and affordable housing across South West England.
We're proud to be a business with social objectives. That's why, instead of having shareholders, we re-invest all our profits to achieve our purpose - to create Homes for Good.
We're an established and trusted business that prioritises great customer service. We stay involved in the neighbourhoods we build for the long term.
Our profits are re-invested into affordable housing and the local community, and our customers tell us they like to know that their money is making a positive contribution to society.
We can help make your homeownership dream a reality If you think it's impossible to buy a home on the open market, we can help.
With Shared Ownership from Curo, you benefit from an affordable way to own a home, with all the advantages this brings.
We have a wide selection of beautiful new build and resale Shared Ownership homes and can help you find your perfect home whether you're looking for a small apartment or a large family house.
Great Customer Service From the moment you enquire about a Curo home to the day we hand you the keys to your front door and beyond - you can count on our friendly and reliable customer service.
Our Sales Advisors are on hand to explain the process of buying a home through Shared Ownership and support you every step of the way.
The internal imagery is from the two bedroom Kelston show home at Mulberry Park.
Images may include additional features available at extra cost.*The imagery used is from an imaginary viewpoint within an open space area.
The purpose is to give a feel for the development and DOES NOT provide an accurate description for each property.
External materials, finishes and landscaping and the positions of garages may vary throughout the development. Computer generated image is of the Claverton house type.
Please refer to Sales Advisor for plot specific information.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Locking Parklands Wapiti Drive Weston Super Mare BS24 7BF
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