2-bedroom flat · BA2 2EP
Listing removedListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Really great two bedroom apartment in the purpose built Sladebrook Court, views, a garage and parking. No Chain.
This top floor flat has fantastic views over the city, with two double bedrooms & a generously proportioned sitting/dining room of 23.9x13.8.
The sitting room has a picture window that over looks Hilcrest Park, an internal glass slider contects the sitting/diner to the kitchen in a 70's style.
The kitchen has a range of wall and base units, an electric hob and oven, the window looks up Englishcombe Lane.
The flat is completed by the shower and seperate WC, it benefits from several fitted cupboards and has electric heating. This property could use some updating.
£35,677.55 in the sinking fund Agents note: The property has a section 20 notice out standing for roof work so requires a cash buyer Method of Sale The property is to be sold by traditional auction.
Finance your purchase Traditional auction requires immediate payment of a deposit and therefore we would recommend you have an Agreement in Principle (aip) before bidding.
If you require advice on how to finance a purchase through traditional auction, please contact us in branch.
Fees A non-refundable reservation fee of 4.20% of the purchase price inc VAT (subject to a minimum of £6,600 inc VAT) is payable, in addition to the purchase price, by the successful bidder to secure the purchase of the property.
Although paying a reservation fee may seem daunting it shows your commitment to the seller, and it also secures their commitment to you.
Bidding online Register, make an offer and bid via the auctions section on the Andrews website. Offers can be made on a property at any time before the end of the auction via the website.
The seller can choose to accept an offer at any time before or during an auction cycle, should they so wish, ending the auction immediately. All auction terms and conditions still apply.
The registration process, to offer and bid, is extremely simple and free. Please visit the Andrews website and click on the auction tab at the top to get started.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 12, Sladebrook CourtC,, Englishcombe Lane, Somerset
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