2-bedroom flat · BS1 2NR
Sold STCListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Two-bedroom flat in Number One Bristol with communal gym and no onward chain** Located within the prestigious Number One Bristol development, this impressive two-bedroom apartment offers contemporary city living in one of Bristol’s most desirable residential addresses, complete with the rare advantage of access to a residents’ communal gym and no onward chain.
The property boasts a spacious open-plan living and kitchen area, thoughtfully designed to create a bright and versatile space ideal for both everyday living and entertaining.
The modern kitchen is fitted with high-quality units and integrated appliances, providing a sleek and functional finish.
Both bedrooms are well-proportioned doubles, with the principal bedroom benefiting from a calm and comfortable atmosphere.
The second bedroom offers flexibility, making it ideal as a guest room, home office, or additional living space.
A stylish bathroom completes the accommodation, finished with contemporary fittings and neutral tones.
Residents of Number One Bristol enjoy exclusive access to an on-site communal gym, an increasingly rare feature that adds real convenience and appeal.
Offered to the market with no onward chain, this apartment presents an excellent opportunity for first-time buyers, investors, or those seeking a low-maintenance city base.
Ideally positioned in the heart of Bristol, the development provides easy access to Temple Meads station, Cabot Circus, and the vibrant city centre, with an array of shops, restaurants, and amenities all within close proximity.
Early viewing is highly recommended. Agents Note- This property is for sale by the Modern Method of Auction.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.50% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Lewins Mead, Bristol, BS1
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