2-bedroom flat · BS23 1DH
For saleListed 201 days
Opportunity summary
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About
Located in this ever popular retirement block just off of the sea front, ideally located for the Beach lawns, High Street and other local facilities, a purpose built second floor apartment located on the west side of the building thus attracting a great deal of natural light.
The accommodation which is Upvc double glazed and has electric heaters comprising, an entrance to hall with ample built in storage to a good size lounge / diner with access to a balcony seating area, kitchen, 2 double bedrooms, and shower room.
Residents have use of a residents lounge, kitchen, laundry and gardens, with parking available on a first come first served basis, and a guest suite which can be hired by visitors for a small charge.
Communal Entrance - Door with entry phone to communal entrance porch further door to communal reception area, lift service or stair case to the second floor, door to apartment 50.
Entrance Hall - Coved ceiling, loft access, Tunstall entry phone system, cloaks and meter cupboard, airing cupboard part shelved and housing Pulsa Coil electric hot water heater.
Lounge / Diner - 6.91m x 3.23m max (22'8" x 10'7" max) - Coved ceiling, feature fire place with electric coal effect fire with surround, TV and telephone points, glazed double doors to the kitchen and Upvc double glazed door and side panel window which are westerly facing and giving access to Balcony with tiled floor and railings westerly facing thus being a sunny place to sit with glimpse of Weston bay.
Kitchen - 2.31m x 2.13m max (7'7" x 7'12 max) - Coved ceiling, Upvc double glazed west facing window, electric wall heater.
The kitchen is fitted with maple effect units comprising 3 single wall cupboards, book shelf and display unit, single bowl single drainer sink with double cupboard below, further single base cupboards and drawers with roll edge work tops over, tiled surrounds, integrated 4 ring electric hob with extractor hood over, integrated electric oven with cupboard below, space for fridge and freezer.
Bedroom 1 - 4.75m x 2.82m max (15'7" x 9'3" max) - Including built in double wardrobe with folding mirrored doors. Coved ceiling, Upvc double glazed window, night storage heater, TV point.
Bedroom 2 - 4.19m x 2.79m plus door recess (13'9" x 9'2" plus - Coved ceiling, Upvc double glazed window, electric heater.
Shower Room - 2.06m x 1.65m (6'9" x 5'5") - Coved ceiling, extractor, Upvc double glazed window, tiled walls, electric wall heater, fitted with a modern white suite of vanity wash hand basin with double cupboard below, shaver light and socket, low level WC, double tiled shower cubicle with mains mixer shower unit and sliding screen.
Outside - Residents have use of communal gardens laid to areas of lawns with flower and shrub beds and borders mainly to the south and east sides of the block as well as access to communal parking on a first come first served basis.
Tenure - Leasehold residue of 125 year lease form 1/11/2003.
Maintenance £3310.80 per year Ground rent £450 per year Agents Note 1 - There is an age restriction - single person must be aged 60 years or over and in the case of a couple, the younger person must be at least 55 years old.
Agents Note 2 - he House Manager on site between 09.00-17.00, Monday-Friday. The Apartment has use of residents lounge with kitchen, games room, library, laundry room and guest suite (charges apply).
Agents Note 3 - We are advised by the sellers that when the property is sold, the seller has to pay a transfer fee of equal to 1% of the agreed sale price together with 1% to the contingency fund.
Material Information.
- Additional information not previously mentioned •Mains electric supply •Water mains supply via Bristol Wessex water •Heating via night storage and electric room heaters •Sewerage mains drainage Bristol Wessex water •Broadband Via fibre to the cabinet For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: checker.ofcom.org.uk/en-gb/mobile-coverage checker.ofcom.org.uk/en-gb/broadband-coverage Flood Information: flood-map-for-planning.service.gov.uk/location
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 Beach Road, Weston-Super-Mare
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