2-bedroom flat · BS20 8EE
Sold STCListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment is a great investment opportunity for buy-to-let investors or first-time buyers interested in entering the property market with minimal maintenance costs.
The property is move-in ready and is being sold with no onward chain.
Overview As you step into this apartment, you are greeted by a spacious hallway that effortlessly leads into a bright and airy lounge/dining area.
The lounge features a large window offering views of the front garden, while the well-equipped kitchen comes with plenty of storage space and some integrated appliances.
Off the hallway, you will find 2 generously sized bedrooms, with the main bedroom including a built-in wardrobe for added convenience.
Additionally, there is a family bathroom and airing cupboard conveniently located off the hallway. Outside The Gardens are meticulously kept, providing lovely atmosphere to sit and enjoy.
Plus, the apartment comes with its own garage and ample communal parking.
Location Located in a highly sought-after area just off Nore Road, this flat boasts easy access to public transportation, a quick drive to Portishead's High Street and Marina, and a short stroll to the stunning coastal path.
We think... This apartment is perfectly suited for a variety of buyers, especially those seeking a peaceful and secluded place to call home.
The well-maintained grounds create a beautiful environment to relax in. Additionally, it is conveniently situated just a brief walk from the coastal path, providing a stunning walk into town.
Material information (provided by owner) Length of lease: Remainder of a 999 year lease from 1975 Ground Rent: £40 p/a Service Charge: £1,740 p/a Please note that this information is correct at the time of publishing but is subject to change.
Council Tax Band B. Management fee covers - Buildings Insurance - Landscaping costs of surrounding Somerset Road and Devonshire Road area - Window Cleaning - External Building and Gutter cleaning
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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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 Somerset Road, Portishead
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