2-bedroom flat · TA9 3FJ
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GENEROUS TWO DOUBLE BEDROOM FIRT FLOOR FLAT *** NO ONWARD CHAIN *** EN-SUITE *** CARPORT *** A generously proportioned and competitively priced two double bedroom first floor apartment situated on Mulholland Way, Highbridge, offered to the market with no onward chain.
Please note, the lounge and second bedroom will be carpeted shortly.
The property provides well-planned accommodation ideal for first-time buyers, couples, downsizers or buy-to-let investors, and benefits from allocated parking in the form of a carport.
The accommodation briefly comprises an entrance hall with two useful storage cupboards, and a spacious lounge/diner, providing a comfortable and versatile living and entertaining space.
The separate kitchen offers a practical range of fitted units. There are two well-sized double bedrooms, with the principal bedroom benefiting from its own en-suite shower room.
A separate family bathroom completes the internal accommodation. Externally, the property benefits from a private carport, providing valuable off-road parking.
Material Information: Leasehold: 125 year lease from 30.01.09 (approx 107 years remaining) Management Fees: £2381.63 per year Ground Rent: tbc Council Tax Band B EPC: B Flood Risk: (low/very low) Property Description *** GENEROUS TWO DOUBLE BEDROOM FIRT FLOOR FLAT *** NO ONWARD CHAIN *** EN-SUITE *** CARPORT *** A well-presented and generously proportioned two double bedroom first floor apartment situated on Mulholland Way, Highbridge, offered to the market with no onward chain.
The property provides well-planned accommodation ideal for first-time buyers, couples, downsizers or buy-to-let investors, and benefits from allocated parking in the form of a carport.
The accommodation briefly comprises an entrance hall with two useful storage cupboards, and a spacious lounge/diner, providing a comfortable and versatile living and entertaining space.
The separate kitchen offers a practical range of fitted units. There are two well-sized double bedrooms, with the principal bedroom benefiting from its own en-suite shower room.
A separate family bathroom completes the internal accommodation. Externally, the property benefits from a private carport, providing valuable off-road (truncated)
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
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FAQ
About Mulholland Way, Highbridge, Somerset, TA9
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