2-bedroom flat · SN14 0RU
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation is accessed via a secure communal entrance with stairs rising to the first-floor flat. On the communal landing, there is a useful storage cupboard.
Inside, the property features a welcoming entrance hall and a stylish open-plan kitchen/diner with a modern fitted kitchen.
The sitting room enjoys a pleasant outlook across a neighbouring open grassed area, a view also shared by both well-proportioned double bedrooms.
The accommodation is completed by a contemporary bathroom fitted with a shower over the bath. Externally, the property benefits from a communal off-road parking area.
Conveniently located within easy reach of major road networks, this property would make an ideal purchase for first-time buyers or an excellent investment opportunity.
Situation - The property is just a short distance away from the town and all amenities which include a public library and the pleasant Monkton Park with a nine hole golf course and riverside walks and cycleways.
There is convenient pedestrian access to the mainline railway station (London Paddington - approx. 75 minutes).
The M4 motorway, the A4 and the A420 offer excellent motor commuting to the major centres of Bath, Bristol, Swindon & London.
There is a good choice of private schooling and Chippenham also offers excellent secondary schools and primary schools, together with further education at Wiltshire College.
Property Information - Council Tax Band: C Leasehold - Remainder of a 125 year lease which commenced in 1981.
The service charge is approximately £66.00 per calendar month Mains electricity, water and drainage Electric heating EPC 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
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About Southmead , Chippenham
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