2-bedroom flat · BS29 6DE
Sold STCReduced £5k (−2.8%) on 1 OctListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom ground floor apartment in the desirable village of Banwell, featuring generous open plan living, a newly fitted bathroom, south-facing outside space, parking and No Onward Chain.
Offered to the market with No Onward Chain, this beautifully presented Two Bedroom Ground Floor Apartment is situated within a charming Period Property, sympathetically converted into apartments in the early 2000s, in the highly sought-after village of Banwell.
The property offers generous and well-proportioned accommodation throughout, beginning with two spacious double bedrooms and a welcoming entrance hall.
The heart of the home is the impressive open plan kitchen/dining area, which flows effortlessly through a large feature archway into the spacious living room, creating a bright and sociable space ideal for both everyday living and entertaining.
The apartment has been exceptionally well maintained by the current owner and benefits from a newly fitted bathroom, installed ready for marketing, providing a stylish and contemporary finish.
Further peace of mind comes from a boiler installed in 2025.
Externally, the property enjoys allocated parking along with a private south-facing outdoor space to the rear, offering the perfect spot to relax and enjoy the sunshine.
Banwell is a thriving and desirable village offering an excellent range of local amenities, including well-regarded schools, a popular village park, village hall, local shops and countryside walks.
The location is ideal for commuters, with excellent access to Bristol Airport, Weston-super-Mare, Cheddar and Winscombe, as well as convenient links to the M5 motorway.
Combining character features with modern comforts, generous living accommodation and an enviable village setting, this fantastic apartment would make an ideal first-time purchase, downsize or investment opportunity.
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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FAQ
About Flat 1, 35, West Street, Somerset
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