2-bedroom flat · BS31 1LW
Listing removedListed 308 days
Opportunity summary
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About
Situated on the first floor of a purpose-built block, this two double bedroom apartment enjoys a highly convenient location on the Wellsway side of town, within easy reach of town centre amenities.
Accessed via a shared hallway, the property benefits from a private entrance and staircase leading to the main accommodation.
The spacious internal layout includes a generous entrance hallway with loft access and a large storage cupboard, a bright and airy lounge with floor to ceiling windows overlooking the attractive residents' gardens, a well-appointed kitchen also enjoying garden views, two double bedrooms, and a three piece bathroom suite.
Offered to the market with no onward chain, this light-filled apartment is ideal for first-time buyers or those looking to downsize.
Interior Ground Floor Communal entrance hallway, bin store, door leading to entrance and stairs rising to first floor landing.
First Floor Landing Access to loft via hatch, built in storage cupboard housing gas combination boiler, power points, doors leading to rooms.
Lounge (4.7m x 4.3m (15'5" x 14'1" )) Double glazed window to rear aspect overlooking Resident's gardens, radiator, power points.
Kitchen (3m x 2.9m (9'10" x 9'6" )) Double glazed window to rear aspect overlooking Resident's gardens.
Kitchen comprising range of matching wall and base units with roll top work surfaces, stainless steel sink with mixer tap over, space and power supply for oven, plumbing washing machine, upright fridge/freezer, and dishwasher, power points, splashbacks to all wet areas.
Bedroom One (5m x 3.1m (16'4" x 10'2")) Double glazed window to front aspect, radiator, power points.
Bedroom Two (3.2m x 3.1m (10'5" x 10'2" )) Dual double glazed windows to front aspect, radiator, power points, built in wardrobe.
Bathroom (2.1m x 1.7m (6'10" x 5'6" )) Matching three piece suite comprising pedestal wash hand basin, low level WC, panelled bath with shower off mains supply over, radiator, extractor fan, tiled splashbacks to all wet areas.
Exterior Residents have access to mature Resident's gardens that are mainly laid to lawn. Garage Single garage located nearby within a block. Tenure This property is leasehold.
999 year Lease with an annual groundrent of £10 and annual service charge of £1,100 are payable.
Council Tax Prospective purchasers are to be aware that this property is in council tax band C according to website.
Please note that change of ownership is a ‘relevant transaction’ that can lead to the review of the existing council tax banding assessment.
Additional Information Local authority: Bath and North East somerset. Services: All services connected. Broadband speed: Ultrafast 1000mbps (Source - Ofcom).
Mobile phone signal: Outside EE, O2, Three and Vodafone - all likely available (Source - Ofcom).
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 6, Dragons Hill Court, Bristol
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