1-bedroom flat · TA24 8BS
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WITHIN EASY REACH OF TOWN CENTRE AMENITIES - a well-presented, one-bedroom second floor apartment with attractive communal garden.
Of timber framed construction under a slate roof, this attractive property benefits from gas fired central heating, partial double glazing, an attractive communal garden and lovely views of the surrounding hills.
The accommodation comprises in brief: entrance through communal front door into hallway with stairs to the second floor.
Front door into a good-sized hallway with doors to the lounge, bedroom and shower room and open access into the kitchen.
This is fitted with a range of wall and base units, butler style sink incorporated into wooden work surface with matching upstands and integrated appliances to include a cooker, induction hob with extractor hood over, dishwasher and washing machine.
There is also space for a tumble dryer, wood effect flooring, ample space for a table and chairs and velux window.
The lounge is a good-sized room with fireplace incorporating an electric fire and window to the front with lovely views.
The bedroom is another good-sized room also with lovely views to the front and an eaves storage cupboard.
The shower room is to the rear of the property and fitted with a three piece suite and velux window.
Outside, to the rear, there is an attractive, level communal garden laid with ease of maintenance in mind.
AGENT’S NOTE: The property is leasehold and held under the terms of a 999 year lease granted in 1985.
There is a service charge payable under the terms of the lease currently £509.56 together with a ground rent currently £25.00.
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
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