2-bedroom flat · BS22 8DY
Listing removedReduced £10k (−6.5%) on 17 OctListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented purpose built first floor flat with offered for sale with no onward chain.
The accommodation comprises; shared entrance hall, private entrance hall, lounge, fitted kitchen, 2 bedrooms and a bathroom with a shower. The property has a single garage plus shared gardens.
It occupies a most convenient location just a short level walk away from Milton village shops including post office, churches, chemists and doctors surgery.
Other local amenities include Ashcombe Park incorporating Ashcombe Bowls Club and Worlebury Woods.
A bus stop is located close to the property on Milton Road with a regular bus service available for Worle and Weston s Mare town centre with its extensive shopping facilities.
Agents note: We are advised that the property is Leasehold. The 999 year Lease dated 4th August 1975 runs from 25th March 1975 and there is a balance of 949 years remaining.
The property cannot be sub let. There is no age restriction for occupancy. The Lease does not allow pets to be kept at the property. There is a Management Company in place. Lotus Court Management Ltd.
The current maintenance charge is set at £190.00 per quarter. There is a ground rent set at £1 per annum. There is a general buildings insurance in place.
Communal areas include; hallways, gardens and shared access to garage.
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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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 4 Lotus Court, Milton Park Road, Weston s Mare
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