Studio flat · BS23 1HP
Listing removedReduced £50 (−7.4%) on 24 JunListed 267 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Saxons are pleased to bring to the market this studio first floor flat. The property is located within Weston town centre with commuter links and short walk to the sea front.
The property is also close to shops and amenities. The property briefly compromises from a kitchen/bedroom living room and a bathroom. The property is Available Immediately subject to references.
Minimum Income requirement £19,500pa. Tenancy period The property is being let on an 'Assured Short-hold Tenancy Agreement' for a minimum of 6 months.
The landlord has indicated that this may be extended after the initial 6 month tenancy subject to terms & conditions.
Terms & conditions A full set of tenants terms and conditions can be issued upon request from any Saxons office.
Additional restrictions The landlord has advised us of the following restrictions: 1. No Smokers 2. No Sharers 3. No Students 4.
No Pets availability The property is offered on an Unfurnished basis and is available immediately.
(subject to satisfactory referencing) council tax banding The council tax is currently band: A (according to ) deposits Deposit The tenant(s) are required to pay the equivalent of 5 weeks rent as a deposit (unless an alternative amount is agreed).
The deposit will be placed in the government approved TDS scheme.
First months rent in advance The tenant(s) are required to pay the first months rent in advance before the start of the tenancy agreement (subject to successful credit and reference checks).
Utility information Saxons hold no responsibility for the connection or specific supplier of utilities (such as telephone landline) to the prescribed property.
Should any prospective tenant require such utility they should inspect/investigate to their required satisfaction before commencement of tenancy.
Viewing arrangements By Email appointment only, please allow 24 hours notice. Opening hours: Monday - Friday - 9am - 5pm. Tel; Notice All photographs are provided for guidance only.
Redress scheme provided by: Property Ombudsman (N3711)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 1, High Street, Weston-super-Mare
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