3-bedroom flat · TA8 1BE
Listing removedListed 134 days
Opportunity summary
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About
An opportunity to purchase a three bedroom (one en suite), first floor flat, situated on Burnham on Sea Esplanade and enjoying far reaching, coastal views.
Accommodation (Measurements Are Approximate) - External steps to the communal entrance door leading to the communal entrance door. Stairs rise to first floor landing with access to Flat 3.
Entrance Hall - With storage recess. Lounge - 6.43 maximum into bay window x 3.92 (21'1" maximum - Double glazed bay window overlooking the front and enjoying panoramic coastal views with window seat.
Fireplace with mantel and inset electric fire, two wall mounted, oil filled electric radiators.
Kitchen/Breakfast Room - 3.92 x 2.69 (12'10" x 8'9") - Fitted with a range of dark grey/blue fronted units including base cupboards and drawers and matching wall mounted cupboards.
Built in electric oven and four ring hob. Space for washing machine and fridge/freezer. One and a quarter bowl stainless steel sink unit with mixer tap. Space for breakfast table.
Electric, oil filled, wall mounted radiator, tiled splashbacks and double glazed window overlooking the front enjoying coastal views.
Bedroom 1 - 5.15 x 3.79 maximum (16'10" x 12'5" maximum) - With two fitted double wardrobes with box storage over, wall mounted, oil filled, electric radiator and two double glazed windows to the side.
Door to the: En Suite Shower Room - 2.49 x 0.99 (8'2" x 3'2") - With shower cubicle with folding sliding glazed door and wall mounted shower. Pedestal wash hand basin and low level w.c.
Tiled splashbacks. Bedroom 2 - 4.26 x 2.83 (13'11" x 9'3") - With double glazed window overlooking the side. Wall mounted, oil filled electric radiator.
Bedroom 3 - 4.94 x 2.72 (16'2" x 8'11") - With fitted double wardrobe and double glazed window overlooking the rear.
Bathroom - 2.53 x 2.03 (8'3" x 6'7") - White suite comprising panelled bath with wall mounted shower over and folding shower screen. Pedestal wash hand basin, low level w.c.
Tiled splashbacks and wall mounted electric, oil filled radiator. Two double glazed obscured windows, airing cupboard with hot water cylinder and slatted shelving.
Outside - To the rear of the property and accessed from Cross Street there is tandem parking for two small cars (one larger car) and a shared area of storage.
Tenure - Leasehold 999 Year Lease from 1st December 1978 No Ground Rent Service Charge £1,200.00 per annum (£100 per month) payable to Esplanade Management Company.
Description - This three bedroom, first floor flat offers spacious accommodation enhanced by coastal views to the Quantock Hill and the Welsh coastline in the distance.
The accommodation briefly comprises: Steps up to communal entrance door and hall, further staircase to the first floor (stairlift if required could be available by separate negotiation).
The internal entrance hall gives access to all rooms including a generous lounge with bay window and fitted window seat where the views can be enjoyed, breakfast kitchen, three bedrooms (the master of which has an en suite shower room) and further bathroom.
The property has electric heating, double glazing and tandem parking (for two small cars) There is a communal garden area to the front which is low maintenance.
Conveniently situated within a stones throw of Burnham on Sea High Street which offers a range of shops and amenities.
For the commuter, the M5 motorway interchange is at junction 22 Edithmead and mainline railway station is in the nearby town of Highbridge Directions - From the Esso service Station at the top of Love Lane, turn left onto Oxford Street and take the third turning right onto Cross Street.
Continue along Cross Street, over the High Street and continue to the Esplanade where the property can be found on the left hand side on the corner of Cross Street and Esplanade.
Material Information - Additional information not previously mentioned Council Tax Band-B EPC- Ordered •Mains electric and water.
•Water not metered •Electric heating •Mains drainage •No Flooding in the last 5 years •Broadband and Mobile signal or coverage in the area.
For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the Ofcom checkers below: checker.ofcom.org.uk/en-gb/mobile-coverage checker.ofcom.org.uk/en-gb/broadband-coverage Flood Information: flood-map-for-planning.service.gov.uk/location
Value & comps
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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.
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About Esplanade, Burnham-On-Sea
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