This spacious one-bedroom flat, located in the heart of Weston-super-Mare, presents a promising opportunity for renovation and investment. Encompassing approximately 47 sqm (502 sq.ft.), the layout currently features an open-plan kitchen and living area, a bedroom, and a bathroom. With modernization efforts, there is potential to enhance this property significantly; even a reconfiguration into a two-bedroom unit could be considered, pending necessary approvals.
Currently needing updates, this flat provides investors with an attractive yield potential of over 20% once refurbished. The local rental market supports monthly rates ranging from £700 to £950 depending on the condition post-renovation. Positioned conveniently near town center amenities and the seafront, it’s well-suited for those looking to tap into the lucrative rental market.
Given its current state and location just 0.3 miles from Weston-super-Mare Railway Station, this property is not just an investment but also a chance to create a desirable living space in a vibrant area.
With community facilities nearby and easy access to major road networks and public transport links, this flat stands as an attractive project for both seasoned investors and first-time renovators.
