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See how verdicts work2-bedroom property · BS29 6JH
Listing removedListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - Brightestmove are pleased to offer to the market this RESIDENTIAL PARK HOME situated on the SOUGHT AFTER SITE of Summer Lane.
Property briefly comprises TWO BEDROOMS, wet room, LOUNGE AND KITCHEN. Further benefits include uPVC double glazing, gas central heating & OFF ROAD PARKING.
ENTRANCE HALL Enter via uPVC double glazed door into hallway. Radiator, doors off to both bedrooms, door to wet room, storage cupboard, vinyl flooring, door to kitchen.
KITCHEN 11' 6" x 7' 10" (3.51m x 2.4m) Two uPVC double glazed windows to both side aspects, range of wall and base units with roll edge worktop over and inset sink and drainer.
Built in electric oven with gas hob & extractor over, space and plumbing for washing machine, space for fridge/freezer, tiled splashbacks.
Radiator, vinyl flooring, wall mounted WORCESTER combination boiler, open to lounge.
LOUNGE 1151' 6" x 12' 1" (351m x 3.69m) uPVC double glazed bay window to front aspect, uPVC double glazed bay window to side aspect, French doors leading to side garden.
Radiator, television point, telephone point, feature fireplace with wooden surround and marble effect hearth, carpet flooring.
BEDROOM ONE 9' 5" x 9' 3" plus built in wardrobes (2.89m x 2.83m) uPVC double glazed bay window to side aspect, radiator, built in wardrobes with mirrored sliding doors, carpet flooring.
BEDROOM TWO 8' 8" x 7' 10" (2.65m x 2.4m) uPVC double glazed window to side aspect, radiator, built in wardrobe, carpet flooring.
WET ROOM 7' 10" x 5' 4" (2.4m x 1.65m) uPVC double glazed obscure window to side aspect. Low level WC, pedestal wash basin, heated towel rail, wall mounted shower.
OUTSIDE Off road parking located to the front of the property. Low maintenance wrap around garden laid predominantly to gravel with footpath and decking area. Shed.
INFORMATION/TENURE Ownership of a residential park home is in accordance with the Mobile Homes Act 2013, council tax band A, Ground rent is £167.37 per month. Property built in 2004
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.
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About Summer Lane Park Homes, Banwell
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