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See how verdicts work2-bedroom flat · BS3 5DP
Sold STCListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership property Located on the Bedminster/Knowle border.
This excellent two-bedroom penthouse apartment in Lock Mill house benefits from stunning city centre views and is being sold with no onward chain!
Overview Immaculately finished throughout, this exceptional penthouse apartment occupies the entire top floor of this modern development and benefits from a private entrance hall on the first floor, ideal for additional storage.
Upon reaching the second floor, there is a large private hallway with a generous storage cupboard, leading into the apartment itself.
The accommodation comprises two double bedrooms, a spacious bathroom, and a superb open-plan living, kitchen, and dining area.
The contemporary kitchen is fully integrated, and the space is enhanced by a striking floor-to-ceiling feature window, capturing stunning views towards the Clifton Suspension Bridge.
Further benefits include no onward chain. Outside There is an allocated parking space for one car. Location Located on the Bedminster/Knowle border, the flat is well placed.
North Street in Southville is 1.1 miles away while Parson Street station (0.7 miles) and Wapping Wharf (1.5 miles) are also easily reachable.
Supermarkets are a short drive away with Sainsburys in Ashton and Aldi at Imperial Park both under 10 mins. We think...
This is a brilliant opportunity to step onto the property ladder through the shared ownership scheme.
Material information (provided by owner) This property is leasehold, with 120 years remaining of a 125 year lease.
The rent on the 60% shared ownership, the service charge and the ground rent is £480.30 pcm. The council tax band is A.
Living Room/Kitchen 8.0m x 2.8m Bedroom 1 3.8m x 3.4m Bedroom 2 2.3m x 3.3m Bathroom 3.0m x 2.3m Storage
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
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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 Novers Hill, Bedminster, Bristol.
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