1-bedroom flat · SN15 3YY
For saleListed 141 days
Opportunity summary
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About
A well presented top floor apartment with the benefit of its own private balcony within this sought after development of retirement apartments for those aged sixty and over, Ideally located in the centre of Chippenham.
Situation The development is accessible to all amenities including full medical facilities, High Street shops and independent retailers, banks and building societies, Post Office and Library.
The town also offers a vibrant and colourful weekly street market and a bi-monthly farmers market, with produce from local growers and suppliers.
The town is just south of the M4 motorway, giving easy access to London, Bristol and South Wales. Chippenham boasts that it is one of the West Countrys most dynamic and thriving market towns.
Surrounded by history and nestled on the banks of the River Avon, Chippenham lies between the Marlborough Downs to the east, the Cotswolds to the north and west, and Salisbury Plain to the south.
Surrounding the town are a number of villages including Lacock, Biddestone and Castle Combe. Communal Entrance Lift and entrance door to: Entrance Hall Access to loft space.
Storage cupboard housing hot water tank with light and shelving. Coving. Dado rail. Door to: Sitting/Dining Room Double glazed window to front. Door to balcony. Night storage heater.
Television/FM radio point. Multi paned door to: Kitchen Double glazed window to front. Rolled edge work surfaces with tiled splash backs and inset single bowl single drainer stainless steel sink unit.
Range of drawer and cupboard base units and matching wall mounted cupboards. Built-in eye level electric oven and hob with extractor over. Integrated fridge and freezer. Coving.
Bedroom Double glazed window to front. Built-in mirror front double wardrobe. Coving. Wall mounted electric heater.
Shower Room White suite comprising double width shower cubicle, vanity wash basin with cupboard under and close coupled WC. Wall mounted heater. Heated towel rail. Extractor fan.
Tiling to the principal areas. Balcony Enclosed by railed fencing with composite decking. Other Facilities Residents Lounge Large open plan area on the ground floor.
Guest Suite A Guest Suite is provided for visiting relatives or friends and a charge is made for its use. Reservations are arranged via your Lodge Manager.
Priority may be given to a visitor helping a sick Owner. Laundry Room Communal laundry facilities, which are available to all Owners.
The costs of running the laundry, including servicing and repairs, are paid for through the service charge. Parking There is a residents parking area and spaces are provided free of charge.
Directions From our Office in the Market Place proceed past the bus station and Castle Lodge will be found on the right.
Turn right at the junction into Gladstone Road and after 50 yards turn right at the end of the building. This leads to the parking and entrance to the apartments.
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.
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About 43, Castle Lodge, Chippenham
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