2-bedroom flat · SN3 4PP
Under offerListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A FULLY RENOVATED TWO DOUBLE BEDROOM TOP-FLOOR FLAT WITH ALLOCATED PARKING – SOLD WITH NO ONWARD CHAIN Offered for sale with no onward chain, this beautifully presented and fully renovated two double bedroom top-floor flat is tucked away within a quiet courtyard development in the popular area of Stratton.
Ideally positioned close to a range of local amenities, including shops, restaurants and regular bus routes, the property has been fully renovated to a high standard and is presented in excellent decorative order throughout, offering spacious and well-proportioned accommodation.
The property is accessed via a shared main entrance, with internal stairs leading to a spacious landing with useful storage, leading through to a generous sized living room and a BRAND NEW fully fitted kitchen with integrated appliances.
There are two well-proportioned double bedrooms, with the master bedroom benefiting from a modern en-suite shower room. A further modern family bathroom completes the accommodation.
Further benefits include brand new carpets throughout, gas central heating with brand new radiators, double glazing and an allocated parking space.
This is an excellent opportunity for first-time buyers, investors or those looking for a stylish, home in a convenient and popular location.
The property is ready to move into and is offered with the added benefit of no onward chain.
Service charges: £1312.43 Ground rent: £150.00 Remaining years on lease: 104 years These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Belvoir nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
FLOOR PLANS - The floorplans are intended as a guide only. This is NOT TO SCALE and dimensions are approximate.
These particulars have been prepared for the guidance of intending purchasers but no guarantee of their accuracy is given, neither do they form a contract of any part thereof. EPC rating: C.
Tenure: Leasehold, Length of lease (remaining): 103 years 3 months,
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
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FAQ
About Ermin Mews, Stratton St Margaret, Swindon, SN3
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