1-bedroom flat · TA8 2PW
Listing removedReduced £7.5k (−7.5%) on 6 AugListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned one bedroom ground floor flat situated in a sought after location to the North of Burnham-on-Sea in need of some upgrading Accommodation Door to: Communal Entrance Hall Door to: Lounge/Diner (L Shaped) Lounge Area (4.28 x 3.24 (14'0" x 10'7")) Feature fire surround, picture window to side and storage cupboard Dining Area (2.14 x 1.99 (7'0" x 6'6")) Kitchen/Breakfast Room (3.21 x 2.77 (10'6" x 9'1")) Fitted with a range of wall and floor units to incorporate a single bowl/drainer unit, integrated oven and hob, space for fridge/freezer, space and plumbing for automatic washing machine, large picture Upvc double glazed window to side Bedroom (4.28 x 3.25 (14'0" x 10'7")) Upvc double glazed windows to either side.
Door to: Bathroom (3.19 x 2.77 (10'5" x 9'1")) Comprising of a panelled bath with shower over, close coupled wc, bidet, pedestal hand wash basin, storage cupboard, gas boiler supplying domestic hot water and radiators, two Upvc double glazed obscured windows to front and side Outside Parking space + visitors parking and communal gardens Tenure Leasehold: 999 years from 1st June 1985 No ground rent.
Service charge: £60.00 per month, payable to the management company Description This deceptively sized ground floor flat offers 56m2 of living space briefly comprising of a good size lounge/dining room, generously sized kitchen/breakfast room, large bedroom and bathroom.
The property is in need of modernisation and improvement and offers great potential to be reconfigured to create a two bedroom flat (should it be required).
Offered with the benefit of gas central heating, upgraded electrical consumer unit, Upvc double glazing, and no onward chain, an early application to view is highly recommended by the vendors selling agents.
Directions From the roundabout at the junction of Love Lane and Oxford Street beside the Esso service station proceed in a northerly direction along Berrow Road passing the inland lighthouse on the left hand side.
Take a left turn into Golf Links Road. Proceed down Golf Links Road where the property will be found on the left hand side. Material Information:
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.
Area
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FAQ
About Flat 3, 17, Golf Links Road, Burnham On Sea
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