2-bedroom flat · BA5 1TH
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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*Selling made easy scheme available - Removals and decluttering services included Plot 36, Two Bedroom Apartment Adam Lock Lodge is a collection of 47 one and two-bedroom retirement apartments.
Ideally placed for the town’s High Street and historic centre, these brand-new retirement homes are the perfect base for exploring local attractions such as Wells Cathedral and the Bishop’s Palace as well as the natural landscape from the Mendip Hills to Cheddar Gorge.
This brand-new development benefits from a range of communal facilities including an Owners' Lounge with coffee bar, Guest Suite and beautiful landscaped gardens.
Standard Features: Apartments at Adam Lock Lodge are self-contained with their own front door providing privacy when you want it, but with a communal Owners' Lounge where you can meet up with like-minded neighbours or join in with one of the regular social events.
All apartments are fitted with a 24-hour call centre support system, video door entry system and an intruder alarm as standard providing you and your family with peace of mind.
A Lodge Manager is responsible for the effective and smooth running of the development. There is a free car park and beautifully landscaped gardens which are maintained on your behalf.
Some apartments at Adam Lock Lodge also feature balconies or patio areas providing the perfect outside living space.
Kitchens are tiled with colour-coordinated worktops and come fully fitted with a waist-height oven, hob and upright fridge/freezer as standard.
Shower rooms feature low-level shower trays and easy turn taps. Two bedroom apartments feature a separate WC or an en-suite.
We appreciate everyone's household costs will differ, and just how daunting the idea of a service charge can be.
We are here to help you every step of the way, please contact one of the team to discuss your current costs and help you discover just how much you could be saving.
A full service charge budget analysis is available for each individual development.
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
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FAQ
About Plot 36, Adam Lock Lodge,, Plot 36, Adam Lock Lodge, Wells
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