# 2 bedroom apartment for sale (BS29 6BZ) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 2, 72 COWLEAZE PATH, BANWELL, NORTH SOMERSET BS29 6BZ | | Price | £205,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | TBC | | Last sold | £211,000 Jun 2024 | ## Description CJ Hole are pleased to present this well-finished two-bedroom ground floor apartment, located within the popular Mead Fields development in Banwell. Constructed less than two years ago, the property remains within its new home warranty and offers a modern, low-maintenance lifestyle with a strong emphasis on space, light and practicality. The apartment is accessed via a private entrance, immediately setting it apart from a typical block layout. The accommodation centres around a bright and spacious open-plan kitchen/living area, finished with wood-effect flooring and fitted with a contemporary kitchen complete with integrated appliances, including oven, gas hob, dishwasher and washing machine. French doors open directly onto a private patio, providing rare and valuable outdoor space for a property of this type. There are two well-proportioned double bedrooms, with the masterl bedroom benefitting from a large en-suite shower room. A separate, stylish bathroom serves the second bedroom and guests. Neutral décor and quality finishes throughout give the apartment a warm, modern feel. Other benefits include useful internal and outside storage, two allocated parking spaces, EPC rating of B. Ideally positioned for commuters, the property offers easy access to the M5 motorway and Weston-super-Mare train station, while remaining close to local amenities. LEASEHOLD: 995 years GROUND RENT: PEPPERCORN COUNTIL TAX: B EPC: B ## Property Photos - ![Picture No. 30](/listings/photos/170422523/462061) - Picture No. 30 - ![Picture No. 29](/listings/photos/170422523/462062) - Picture No. 29 - ![Picture No. 24](/listings/photos/170422523/462063) - Picture No. 24 - ![Picture No. 08](/listings/photos/170422523/462064) - Picture No. 08 - ![Picture No. 32](/listings/photos/170422523/462067) - Picture No. 32 - ![Picture No. 15](/listings/photos/170422523/462068) - Picture No. 15 - ![Picture No. 31](/listings/photos/170422523/462069) - Picture No. 31 - ![Picture No. 25](/listings/photos/170422523/462071) - Picture No. 25 - ![Picture No. 12](/listings/photos/170422523/462074) - Picture No. 12 - ![Picture No. 13](/listings/photos/170422523/462076) - Picture No. 13 - ![Picture No. 18](/listings/photos/170422523/462077) - Picture No. 18 - ![Picture No. 17](/listings/photos/170422523/462081) - Picture No. 17 ## Floorplans - ![Floorplan](/listings/photos/170422523/462083) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/170422523/462084) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 72 FLAT 2 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BZ | £211,000 | 14/06/2024 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 74 FLAT 1 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BZ | £185,000 | 01/12/2025 | Flat | | 96 FLAT 6 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £180,000 | 28/03/2025 | Flat | | 96 FLAT 2 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £190,000 | 28/03/2025 | Flat | | 96 FLAT 8 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £186,500 | 28/03/2025 | Flat | | 96 FLAT 5 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £188,000 | 27/03/2025 | Flat | | 96 FLAT 3 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £195,000 | 27/03/2025 | Flat | | 96 FLAT 9 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £180,000 | 27/03/2025 | Flat | | 96 FLAT 10 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £178,000 | 26/03/2025 | Flat | | 96 FLAT 7 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £189,750 | 25/03/2025 | Flat | | 96 FLAT 4 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BX | £180,000 | 21/03/2025 | Flat | | [Same street] 74 FLAT 9 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BZ | £143,781 | 01/09/2023 | Flat | | [Same street] 74 FLAT 8 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BZ | £200,000 | 30/06/2023 | Flat | | [Same street] 74 FLAT 6 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BZ | £190,000 | 30/06/2023 | Flat | | [Same street] 74 FLAT 1 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6BZ | £183,000 | 30/06/2023 | Flat | | 33 FLAT 7 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6AN | £215,000 | 30/06/2023 | Flat | | 1 BULLER ROAD, BANWELL, NORTH SOMERSET, BS29 6BR | £202,995 | 29/07/2022 | Flat | | 8 TANNER ROAD, BANWELL, NORTH SOMERSET, BS29 6AT | £220,000 | 08/07/2022 | Flat | | 33 FLAT 3 COWLEAZE PATH, BANWELL, NORTH SOMERSET, BS29 6AN | £176,500 | 18/06/2021 | Flat | **Street average:** £180,356 (5 sales) **Area average:** £190,903 (13 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £185,225 (10 Flat, BS29, 2024–2026) - **Deviation:** +10.7% ## Rental Range *ONS Price Index of Private Rents (South West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,108/mo - **Realistic:** £1,231/mo - **Optimistic:** £1,354/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Weston-S-Mare (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £748/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Semi-Detached House, Kent Avenue, BS24 | £1,050/mo | 2 | 0.43 miles | OpenRent | | 2 Bed End Terrace, Kent Avenue, BS24 | £950/mo | 2 | 0.52 miles | OpenRent | | 2 Bed Flat, Lord Way, BS24 | £1,100/mo | 2 | 0.7 miles | OpenRent | | 2 Bed Semi-Detached House, Willan Place, BS24 | £1,150/mo | 2 | 0.74 miles | OpenRent | | 2 Bed Terraced House, Merton Drive, BS24 | £1,150/mo | 2 | 0.8 miles | OpenRent | | 2 Bed Bungalow, West Rolstone Court, BS24 | £950/mo | 2 | 1.05 miles | OpenRent | | 2 Bed Bungalow, Banwell, BS29 | £1,400/mo | 2 | 1.13 miles | OpenRent | | 2 Bed Terraced House, Appletree Court, BS22 | £1,250/mo | 2 | 1.16 miles | OpenRent | | 2 Bed End Terrace, Stroud Way, BS24 | £1,300/mo | 2 | 1.19 miles | OpenRent | | 2 Bed Flat, Wisley Walk, BS24 | £975/mo | 2 | 1.21 miles | OpenRent | **Average rent: £1,128/mo (10 listings)** ## 1% Rule - **Rent ratio:** 0.55% (weak for cashflow) - **Max investor price (0.8%):** £140,625 - **Target investor price (1%):** £112,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,125/mo).* - **Gross yield:** 6.6% - **Cost-to-rent:** 15.2× - **Monthly cashflow:** £180/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5.9% ## House Price Index (HM Land Registry) *Official index for South West; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -7% - **5y growth (index):** -0.2% - **10y growth (index):** 17.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)