2-bedroom flat · BS20 6NE
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought-after hillside of Portishead, this two-bedroom apartment enjoys far-reaching panoramic views across the Gordano Valley, over Portishead town, towards the marina, and extending to Avonmouth in the distance.
Offering excellent potential for improvement, this property presents an exciting opportunity for first-time buyers, investors, or those looking to create a home tailored to their own tastes.
Property Description Conveniently located within a short walk of Portishead town centre, residents can enjoy easy access to a range of shops, cafés, restaurants, and local amenities.
Excellent public transport links are also nearby, with regular bus services operating throughout Portishead and providing direct connections into Bristol.
Inside Accessed via a communal hallway, the apartment opens into a small entrance vestibule leading through to the main hallway.
From here, there is access to two bedrooms, comprising a generous double bedroom and a versatile single bedroom, along with a useful storage cupboard.
The family bathroom is fitted with a three-piece suite consisting of a panel-enclosed bath with folding glass shower screen and shower over, low-level WC, and wash hand basin.
The spacious living room is undoubtedly one of the property's standout features, offering plenty of room for both lounge and dining furniture.
Sliding doors open onto a substantial terrace, creating the perfect space for alfresco dining, entertaining, or simply relaxing whilst enjoying the spectacular elevated views.
The kitchen/diner provides ample worktop space, a range of eye and base-level storage units, and room for a small dining table, making it both practical and functional for everyday living.
Additional Information Although the property would benefit from a programme of modernisation, it offers tremendous potential and represents an attractive investment opportunity.
Subject to the necessary improvements, the property is expected to achieve a rental income in the region of £1,100–£1,200 per calendar month.
Offered to the market with no onward chain, this is a rare opportunity to acquire a well-positioned apartment with outstanding views and significant scope for enhancement.
Material Information Council tax Band A which for the current year 2026/2027 is £1,722.48 The flat is currently held on a 125 year lease which commenced 1st of July 1982 which means there are 90 years remaining.
The sellers are in the process of extending the lease for a further 90 years, which will mean the remainder of lease will be extended to 180 years.
There is a service charge of £99.88 per month and a ground rent of £10 per annum, although once ther new lease is granted the ground will become a peppercorn under the Leasehold Reform Act 2022
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
Agent & docs

FAQ
About Briary Road, Portishead, Bristol, Somerset, BS20
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