1-bedroom flat · BS24 7NY
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ONE BEDROOM FIRST FLOOR FLAT***BEAUTIFULLY PRESENTED***NO ONWARD CHAIN*** Offered to the market with the benefit of NO ONWARD CHAIN this one double bedroom first floor flat must be viewed.
The property is situated in a highly sought after area and is a perfect first time buy or investment property.
The property briefly comprises of a open plan kitchen/living/dining space, a double bedroom and a modern bathroom. The property further benefits from a large cupboard for storage.
Outside there is an allocated parking space and communal bin store. EPC Rating B.
Property Description ***ONE BEDROOM FIRST FLOOR FLAT***BEAUTIFULLY PRESENTED***NO ONWARD CHAIN*** Offered to the market with the benefit of NO ONWARD CHAIN this one double bedroom first floor flat must be viewed.
The property is situated in a highly sought after area and is a perfect first time buy or investment property.
The property briefly comprises of a open plan kitchen/living/dining space, a double bedroom and a modern bathroom. The property further benefits from a large cupboard for storage.
Outside there is an allocated parking space and communal bin store. EPC Rating B.
Material Information Lease Information - 250 years from 1 June 2021 Management Fee - TBC Ground Rent - TBC The vendor informs us the management has just been taken over from the developer and is therefore in the process of being set up.
Once this is in place the fees will be confirmed. Council Tax Band A Annual Charge - £1,681.56 (2026/27) Flood Risk Assessment -
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 Lord Way, Locking, Weston-super-Mare, Somerset, BS24
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