2-bedroom flat · SN10 1DJ
Sold STCListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Virtual tour available** This well-presented and refurbished first floor apartment positioned within the centre of Devizes town centre offers a practical and comfortable layout, ideal for first-time buyers, downsizers or investors alike.
This newly refurbished apartment offers a clean and modern feel throughout and is enhanced by recent upgrades including new double glazed windows, brand new kitchen appliances and a newly installed boiler, giving the buyer peace of mind from day one.
The living space is designed for straightforward, low-maintenance living.
A bright and functional kitchen is complemented by new appliances including a washing/dryer, cooker, fridge and freezer, making the property immediately usable without further expense.
The layout flows naturally into the main reception space, creating a sociable and comfortable bright dual aspect area to relax or entertain.
There are two double bedrooms, offering flexibility for a range of buyers whether as a main bedroom and guest room, or a home office setup.
The accommodation is supported by recently checked electrics (2026), ensuring both safety and reliability.
Outside, residents benefit from access to communal gardens and an area to dry washing, together with a lockable storage area for bins or bikes.
Parking is available via a resident permit on a first come, first served basis.
The property also benefits from a new 125-year lease from 2025 and with minimal ongoing costs, this is a compelling buy-to-let opportunity as well as a comfortable home.
TENURE Length of lease remaining: 125 years Service charge: £1629.76 per annum (includes sinking fund) Service charge review period: annually Ground rent: peppercorn rent Council tax band: A Energy efficiency rating: C
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 Sheep Street, Devizes, Wiltshire, SN10
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