We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BS23 2BS
Listing removedReduced £10k (−8.3%) on 10 OctListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* no onward chain!
* Ideally positioned just a short stroll from the seafront and its array of popular amenities, Mayfair Town & Country are delighted to bring to the market this fantastic opportunity, perfect for first-time buyers looking to step onto the property ladder or investors seeking a buy-to-let addition to their portfolio.
Accessed via a communal entrance with both stair and lift access, the accommodation briefly comprises of an entrance hallway with a built-in storage cupboard, a spacious dual-aspect living room, a fitted kitchen, a well-proportioned double bedroom with an airing/storage cupboard, and a bathroom.
Further benefits include shared off-road parking, available on a first-come, first-served basis, and convenient lift access to all floors. We highly recommend a viewing at your earliest convenience.
Communal Stairway Secure key entry leading into communal hallway with stairs rising to all floors, and lift.
Hallway (1.02m x 3.84m max (3'04" x 12'07" max)) Through the flats front door a few steps lead down to the hallway with storage cupboard housing the consumer unit, night storage heater and doors to; Living Room (4.67m x 3.84m (15'04" x 12'07" )) Spacious living area with dual aspect uPVC double glazed windows to side and rear, night storage heater, and television point.
Double Bedroom (2.77m x 3.63m (9'01" x 11'11")) UPVC double glazed window to rear, night storage heater, and door to airing cupboard housing the hot water tank.
Kitchen (3.66m x 1.70m (12'00" x 5'07")) UPVC double glazed window to side, a range of matching eye and base level units with worktop space over and tiled surround, inset stainless steel sink with adjacent drainer and mixer taps over, electric oven with four ring gas hob, fridge/freezer and plumbing for washing machine Bathroom (2.01m x 1.63m (6'07" x 5'04")) White suite comprising low level W/C, hand wash basin with mixer tap over and tiled surround, panelled bath with electric shower over and tiled surround, and extractor.
Communal Off Street Parking We have been advised the property has the use of a couple of parking spaces to the front of the building, on a first come first serve basis.
Leasehold Information We have been advised the property is leasehold with the remainder of a 999 year lease which commenced on 25/03/1974.
We have been advised there is an annual ground rent of £15 and an annual service charge of £1,239.60.
Material Information We have been advised the following; Council Tax - A Electricity - Mains Water and Sewerage - Bristol and Wessex Water Broadband - For an indication of specific speeds and supply or coverage in the area, we recommend visiting the Ofcom checker at .
Mobile Signal- No known restrictions, we recommend visiting the Ofcom checker at .
Flood-risk- Please refer to the North Somerset planning website if you wish to investigate the flood-risk map for the area at .
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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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 Flat, 6, Folkestone Court, Weston-Super-Mare
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