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See how verdicts work2-bedroom flat · TA8 2RF
For saleListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** FANTASTIC NEW PRICE!!** This first floor apartment is a fantastic investment opportunity with excellent income potential, currently used as holiday lets with forward bookings, situated in the very popular coastal village of Brean.
This is an opportunity to purchase a first floor two bedroom apartment, currently used as holiday let. The vendor has advised us that this brings in an estimated income of around £14,000 per annum.
The apartment is currently being advertised on Sykes Holiday Cottages and forward bookings have been taken up to the end of the year.
Accommodation comprises (All measurements are approximate 1F Ash House - First Floor none Lounge 4.9m x 2.95m Kitchen 3.4m x 2.57m Bedroom 1 3.15m x 2.97m Bedroom 2 3.23m x 2.24m Bathroom 2.29m x 1.73m Directions none - Please follow Sat Nav directions to TA8 2RF Agents Note none - We advise all prospective purchasers to check with their Solicitor regarding any building regulations/planning consent relating to any conversions or extensions along with any parking restrictions, covenants and boundaries in connection with any properties we are marketing, and if there is any proposed/granted planning near-by.
“Images may include AI-enhanced illustrations and should be considered indicative only.
Original, unedited photographs are available for inspection upon request.” Material Information none Council Tax Band none - Sedgemoor District Council 1F Ash House Band - 2024- 2025 year National Non-Domestic Rating Retail Discount 75% - Amount payable £199.60 Tenure none - Leasehold - 1F Ash House Term Length - 189 years from 24/6/1984 Service Charges £600.00 per year, paid March, June, September & December.
Ground Rent - £30.00 per year - not set but has been the same since 2016. Payment date June. EPC - D Utilities none - Mains water, sewage & electricity. Heating is electric storage heaters.
Broadband none - For an indication of specific speeds and supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/broadband-coverage Mobile none - For an indication of supply or coverage in the area, we would advise interested buyers to use the Ofcom checker: checker.ofcom.org.uk/en-gb/mobile-coverage Flood Risk none - For information relating to flood risk in the area, we would advise interested buyers to use the below government checker: flood-map-for-planning.service.gov.uk/location
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 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.
Area
Agent & docs
FAQ
About Knoll Park, Brean, Somerset, TA8
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