2-bedroom flat · SN8 1AB
For saleListed 337 days
Opportunity summary
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About
Retire in style to Wye House Gardens A 2 bedroom 1st floor apartment with garage.
This well appointed apartment has the benefit of its own entrance on the ground floor and triple aspect views from its prime location on the development.
There is an en-suite to the master bedroom and a useful study off the sitting room. Outside space is provided by a small balcony and there is access to the well maintained communal gardens close by.
A single garage is located in a block close to the entrance to Wye Gardens. The property is located on a purpose-built retirement development for the over 55s.
Management services are provided by Cognatum Estates, a not-for-profit organisation and one of the UK's leading companies in retirement housing.
Behind a high wall, just 250 yards from one of the grandest high streets in England, lies Wye House, a fine 18th-Century Grade II listed property, which provides the perfect setting for a collection of luxury cottages and apartments.
The original Georgian building has six elegant apartments with high ceilings and, together with the cottages, built in a Regency style, looks out over a carefully-landscaped, formal public garden.
The vibrant market town of Marlborough is a place of enormous provincial charm, known for its broad high street of timber-framed buildings and Georgian architecture, which testify to the prosperity it has enjoyed over the centuries.
The town has an excellent array of shops, with high-street brands, designer boutiques and antique shops in abundance, and many excellent pubs and restaurants, including Rick Stein.
There is also a twice-weekly market and a monthly farmers’ market.
Close by is the ancient Savernake Forest, one of the largest and oldest forests in England, which offers wonderful walks and glorious scenery.
When you want to enjoy a day out in a larger town, you'll find Swindon, Chippenham, Newbury and Bath all less than one hour away.
Cognatum Estates maintains, repairs and insures all the buildings, arranges the window cleaning and refuse collection and tends to the gardens and grounds thereby freeing owners and residents from these responsibilities.
There is a personal alarm system in each property and the estate managers are on hand to provide support and help when needed.
The cost of providing these services is shared equally between all properties. There are no restrictions on owning a property except that one resident must be over 55 years of age.
999 year lease (from 1984). No ground rent.
Please Note: Upon resale of the property, Cognatum Estates management company charge 1% of sale price plus VAT for the leasehold pack, payable by the vendor.
For viewings please contact the Estate Manager
Value & comps
No previous sales on record.
Returns
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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
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