1-bedroom flat · SN10 5BX
For saleListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a modern and well presented one bedroom ground floor flat, perfectly positioned near Drews Pond in the historic market town of Devizes.
Boasting a bright, open-plan layout, allocated parking, and access to mature communal gardens, this property is ideally suited for first-time buyers, downsizers, or investment buyers looking for a low-maintenance home in a peaceful yet connected setting.
The heart of the home is the spacious open-plan reception room and kitchen, designed to maximize both light and functionality.
Large windows look out towards the lawn outside, while the kitchen area is fitted with contemporary units and ample countertop space, perfect for cooking and entertaining simultaneously.
The flat is accessed via an entryphone system and there are 2 built in cupboards providing storage in the hallway.
The flat features a comfortable double bedroom with built-in wardrobe that provides a quiet retreat, alongside a well-appointed bathroom suite.
Being on the ground floor, the property offers superb accessibility and benefits from direct ease of access to the communal gardens—a lovely space to enjoy outdoor seating without the hassle of extensive upkeep.
TENURE Leasehold Length of lease: 103 years remaining (125 years from1/6/2004) Service charge: £1329.72 per annum Ground rent: £220 per annum SERVICES AND MATERIAL INFORMATION Mains water drainage and electricity connected.
The property operates on electric heating. Council Tax Band A EPC Rating B Families or future planning are well-served by highly regarded local institutions.
Nearby primary education includes Wansdyke School and The Trinity Church of England Primary Academy, both rated Good by Ofsted.
For older children, Devizes School provides comprehensive secondary education and a sixth form, also holding a consistent Good Ofsted rating.
Situated just a short distance from Devizes town centre residents enjoy access to local independent shops, cosy pubs like The Bell by the Green, and major supermarkets including Morrisons and Sainsbury's.
The area is also rich in leisure options, with local GP surgeries, healthcare facilities, and scenic walking trails nearby—such as the beautiful Drews Pond woods making this an incredibly well rounded place to meet.
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.
Area
Agent & docs
FAQ
About Green Lane, Devizes, Wiltshire, SN10
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