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See how verdicts work1-bedroom flat · SN15 3YY
For saleReduced £4.8k (−4.8%) on 30 JunListed 685 days
Opportunity summary
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About
No onward chain! A one bedroom apartment within the sought after Castle Lodge development of retirement homes designed for those aged fifty five and over, ideally located in the centre of the town.
This well presented ground floor apartment is thoughtfully laid out with benefits to include an entrance hall with useful storage cupboard, dual aspect sitting/dining room with feature fireplace, kitchen with a window and integrated appliances, shower room, double bedroom with built in wardrobes, double glazing and electric heating.
In addition personal safety features including a lift, care and support system. On site is a large communal lounge, laundry room, guest suite and parking area.
Situation The development is conveniently situated opposite the bus station, close to the library and the bustling town centre offering a wide range of amenities.
A short walk away is the River Avon and Monkton Park with riverside walks, cycleways and a nine hole golf course.
Pedestrian access leads on through to the mainline railway station linking within 15 minutes to the Georgian City of Bath as well as London Paddington in just over an hour.
M4 J.17 is c.5 miles north of Chippenham. Accomodation Comprising: Entrance door to: Reception Hall Night storage heater. Dado rail. Coving. Storage cupboard housing hot water tank.
Doors to: Sitting Room Double glazed window to front and side. Night storage heater. Feature electric fireplace with wooden surround and hearth. Coving.
Multi glazed door to: Kitchen Double glazed window to side. Range of drawer and cupboard base units with matching wall mounted cupboards.
Rolled edge worksurfaces with tiled splash backs and inset single bowl single drainer stainless steel sink unit. Built-in electric hob with extractor over. Built-in eye level oven.
Integrated fridge and freezer. Coving. Double Bedroom Double glazed window to front. Night storage heater. Built-in double wardrobe. Coving. Shower Room Extra wide fully tiled shower cupboard.
Vanity wash basin with cupboard under. Close coupled WC. Tiling to principal areas. Light and shaver point. Wall mounted electric fan heater.
Communal Facilities Residents Lounge Newly decorated, offering a large open plan area on the ground floor, ideal for social get togethers.
Laundry Room Communal laundry facilities, which are available to all Owners. The costs of running the laundry, including servicing and repairs, are paid for through the service charge.
Guest Suite A Guest Suite is provided for visiting relatives or friends and a charge is made for its use. Reservations are arranged via your Lodge Manager.
Priority may be given to a visitor helping a sick Owner. Parking There is a residents parking area and spaces are provided free of charge.
Directions From our Office in the Market Place proceed past the bus station and Castle Lodge will be found on the right.
Turn right at the junction into Gladstone Road and after 50 yards turn right at the end of the building. This leads to the parking and entrance to the apartments.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 5, Castle Lodge, Chippenham
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