This property comprises two one-bedroom flats situated in a central location in Weston-super-Mare, requiring significant refurbishment to unlock their full investment potential. The building features a freehold title and consists of three storeys, with the first and second floors currently vacant. Each flat offers approximately 44sqm and 60sqm of living space, respectively, with the possibility of being reconfigured into two-bedroom units or transformed into a House in Multiple Occupation (HMO).
Positioned close to local amenities and transport links, these flats present an attractive option for rental income, with market estimates suggesting rental yields between £700 and £800 per month upon completion of modernisation. The current condition allows for creative upgrades that could significantly enhance value; both flats are equipped with double glazing and have access to mains utilities but will need comprehensive interior work.
Investors looking to capitalize on the high rental yield opportunities in this sought-after area will find these properties particularly appealing. Given their prime location opposite the Town Hall near essential services such as shops, rail connections, and leisure activities like the beach and Grand Pier, there is substantial demand for quality rental properties in this vicinity.
