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2 X Flats | Wsm

South West

£134,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1044 sqft

Description

This Freehold mid-terraced property comprises a block of two self-contained one-bedroom flats, offering significant renovation potential. With each flat spanning approximately 521 and 523 square feet respectively, the accommodation is arranged over two floors and includes an enclosed rear courtyard garden. Both units are currently vacant and require updating, making this an ideal opportunity for investors or those looking to break up the property into separate rentals. There is also potential to reconfigure the layout to create two-bedroom units by merging the kitchen and reception spaces, subject to obtaining necessary planning consents. Located in Weston-super-Mare, a well-known seaside town with a rich history as a holiday destination, this property benefits from proximity to local beaches, amenities, and transport links such as the M5 motorway and regular train services to larger cities. Given the strong rental market in this area, there is ample scope for value addition through refurbishment.

Investment Analysis

(BS23 area)

Below Market Value

This property is priced -49.2% below area average per sq ft

-49.2%
Potential saving
This Property
£128/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£239
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£290,143
10% above area average per sq ft
Potential ROI
+66.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (BS23)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +1.1%
5 year growth: +17.8%
Investment Disclaimer: Analysis based on BS23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

2 X Flats | Wsm
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£483
Based on a loan of £100,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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