1-bedroom flat · TA6 3BE
For saleListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Currently achieving a 10% rental return (when calculated against the asking price and before and expenses) this second floor studio apartment is situated in a central location overlooking Bridgwater High Street.
Located within a three storey all amenities are extremely close at hand. This could prove an ideal first time buy or it could be an ideal investment purchase.
There is a main entrance with secure phone entry from the Ground Floor and in brief the property itself comprises Entrance Lobby, Living Room/ Bedroom, Kitchen and Shower Room.
There is a modern electric heater to the main living space and built-in wardrobe/cupboard space. Accommodation Communal entrance Hallway with stairs to upper floor.
This studio flat is situated on the second floor.
Entrance hall Space for coats and shoes lounge/bedroom Window to the front aspect, storage cupboard, fitted electric heater, loft hatch and phone entry system. Open archway to Kitchen.
Kitchen Fitted wall and base units with work surface over, having inset sink/drainer unit.
Fitted oven and hob, space and plumbing for washing machine, space for fridge/freezer and window to the front aspect. Shower room Shower cubicle with glazed door, wash hand basin and WC.
Tenure: Leasehold 125 year lease from 25/12/1989 Ground Rent Approximately £48 per annum Service Charge Approximately £1,248 per annum. Both payable to Alpha Housing in Taunton.
Viewing: By appointment with Charles Dickens Estate Agents, Tel. Or Services: Mains electricity, water & drainage.
Council Tax: Band A Energy Rating: E (45/78) Broadband & Mobile Coverage Information is available at important Charles Dickens, their clients and any joint agents state that these details are for general guidance only and accuracy cannot be guaranteed.
They do not constitute any part of any contract. All measurements are approximate and floor plans are to give a general indication only and are not measured accurate drawings.
No guarantees are given with regard to planning permission or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are not necessarily included.
Purchasers must satisfy themselves on all matters by inspection or otherwise.
Viewings - interested parties are advised to check availability and current situation prior to travelling to see any property.
If the property is leasehold full details and terms of the lease should be sought via your legal representative.
Please also note that some or all of the photographs used to market this property may have been taken with a wide angle lens, solely for the purpose of showing the property to its best advantage.
Intending purchasers will be asked to produce identification and proof of financial status when an offer is received.
We would ask for your co-operation in order that there will be no delay in agreeing the sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
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FAQ
About 23, High Street, Bridgwater
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