1-bedroom flat · BA13 3DE
Sold STCListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Agents Note Please note that the photographs used in the advertisement were taken prior to the current tenant moving into the property.
Why you'll like it Martin & Co are pleased to present this modern one bedroom apartment for sale, ideally located in the heart of Westbury and forming part of a well executed coach house conversion.
The property is being sold with a tenant in situ, making it an attractive opportunity for buy to let investors seeking an immediate income.
The current rent is £575 per calendar month, which is paid directly via the local council, providing reliable and consistent rental income.
At the asking price of £85,000, the property currently generates an annual rental income of £6,900, representing an approximate gross yield of 8.1%.
The accommodation benefits from its own private entrance and comprises an entrance hall leading into an open plan living space with a fitted kitchen area, offering a range of modern units along with a built in oven and hob.
The property also provides a good size double bedroom which benefits from an en suite shower room. Externally there is nearby council permit parking available.
Overall, this is an excellent opportunity to acquire a well-located investment property with a tenant already in place and a strong rental return from day one.
Further Information: LEASE- 111 YEARS REMAINING G.R- £150PA SERVICE CHARGE- £1,861.50 PA Property location Westbury is a small market town situated at the western edge of Wiltshire beside the chalk down lands that form Salisbury Plain.
The most famous landmark of the area is the vastly impressive Westbury White Horse which is both the oldest and largest White Horse in Wiltshire, makes it a delight for both the walker and cyclist and the area also provides the perfect location for air sports.
The town offers a range of shopping and leisure facilities including, library, sports and leisure centre, schools, churches, doctors, dentist surgeries, three supermarkets, post office and the oldest swimming pool in the country.
Westbury is exceptionally well positioned for all major road and railway connections with the mainline railway station offering links to London (1 hour 26 minutes), Wales and the whole of the South West of England.
How to find me Satnav postcode: BA13 3DE What3Words: ///variation.estimate.fuels For your information Martin & Co Westbury haven't tested any of the appliances listed in these details, or asked for warranty or service certificates, unless stated - they're on an 'as seen' basis.
You should only use floor plans and measurements as a general guide to room layout and design, as they're not exact. Potential buyers are advised to recheck the measurements before completion.
Money Laundering Regulations: Purchasers will be asked to produce identification and proof of residency documentation, once an offer has been agreed, we need to hold this on file before solicitors can be instructed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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About White Lion Apartments, Westbury
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