2-bedroom house · BS24 7FG
For saleReduced £10k (−4.2%) on 13 OctListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom, mid-terraced, freehold property offered with the benefit of tenants in situ, generating an immediate rental income of £850.00 per calendar month, or available with vacant possession if you so wish, benefitting from no onward chain.
An excellent opportunity for investors seeking a ready-made addition to their portfolio, whilst equally appealing to home buyers and commuters.
The accommodation comprises an entrance hallway, fitted kitchen and a light and bright living/dining room with useful under-stairs storage and direct access to the rear garden.
To the first floor are two bedrooms, with the second bedroom currently partitioned into two sections.
Accompanying the two bedrooms is a family bathroom fitted with a three-piece suite, complete with a shower over the bath.
Externally, the property benefits from a private front garden and an enclosed rear garden designed for low-maintenance enjoyment, featuring a patio seating area, artificial lawn and gravelled sections.
To the rear is an allocated parking space and single garage, providing valuable parking and storage.
Please note, the garage and parking are situated separately from the main property within a coach house-style building.
Situated within the sought-after West Wick development, the property enjoys convenient access to local amenities, schools and key transport links, including nearby motorway connections and rail services, making it an ideal choice for commuters and families alike.
EPC Rating: C79 | Council Tax Band: B
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 33, Irons Way, Weston-super-Mare
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