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See how verdicts work2-bedroom flat · CF36 5NA
Listing removedListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom second floor flat forms part of a well-established block of purpose-built apartments, ideally situated within walking distance of Porthcawl town centre and the seafront.
The property is in need of some refurbishment. It’s an excellent opportunity for investors, those seeking an Air BnB venture, or first-time buyers.
Also, there is no on-going chain so a quick completion can be achieved. Accommodation comprises: Entrance: Via half glazed uPVC front door to: Entrance hall: Cushion flooring.
Large walk in cupboard with carpet. Radiator. Lounge: 10’ 3” x 12’ 4” uPVC window to rear elevation. Carpet. Coving to ceiling. Radiator.
Kitchen: 6’ 4”” x 9’ 2” Inset sink and drainer unit with cupboards below. Range of matching wall and base units with rolled edge work surface over incorporating gas hob with electric oven below.
Plumbing for an automatic washing machine / dishwasher. Space for under counter fridge / freezer. Cushion flooring. Walls part tiled. UPVC window to front elevation.
Bedroom 1: 9’ 9” x 12’ 11” To rear elevation. Carpet. Coving to ceiling. Radiator. UPVC window. Bedroom 2: 10’ 4” x 6’ 9” To side elevation. Carpet. Coving to ceiling. Radiator. UPVC window.
Bathroom: Suite in white comprising: Panelled bath with electric shower over. Low level w.c. Pedestal wash hand basin. Cushion flooring. Walls mainly tiled. Plumbing for an automatic washing machine.
Wall mounted gas combi boiler. UPVC window to front elevation. Communal drying and grassed areas with communal parking. Tenure: Leasehold (89 years remaining) Approx.
Maintenance / ground rent: £400 per month approx. Council tax: B price: £115,000 .
Important Information Note while we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you, please contact the office and we will be pleased to confirm the position for you.
We have not personally tested any apparatus, equipment, fixtures and fittings or services and cannot verify they are in working order of fit for purposes.
Nothing in these particulars is intended to indicate that carpets or curtains, furnishings or fittings, electrical goods (whether wired or not), gas fires or light fitments or any other fixtures not expressly included form part of the property offered for sale.
This computer generated Floorplan, if applicable, is intended as a general guide to the layout of the property. It is not a scale and should not be relied upon for dimensions.
Tenure: We cannot confirm the tenure of the property as we have not had access to the legal documents. The buyer is advised to obtain verification from their solicitor or surveyor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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 advisers 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.
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FAQ
About 88, Lake View Close, Porthcawl
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