1-bedroom flat · SN2 1XA
Listing removedListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor one-bedroom apartment | May Close, Gorse Hill, Swindon Tucked away on a quiet residential close in the heart of Gorse Hill, this top floor apartment offers a surprisingly peaceful retreat with some lovely open views over the neighbouring park (the kind of outlook that makes you feel further from the city than you actually are).
Day-to-day life here is genuinely convenient.
The local gp surgery is virtually next door, a pharmacy is a short walk away, and Cricklade Road (with its mix of independent shops, cafés and restaurants) is easily reached on foot.
It's the sort of location that suits people who want a real neighbourhood feel rather than just a postcode.
The apartment itself is well-proportioned for one-bedroom living, with a bright living room, fitted kitchen, double bedroom and bathroom.
Being on the top floor brings the twin benefits of no neighbours above and better natural light throughout the day. An allocated parking space is included, and the communal areas are well maintained.
With no onward chain, this is an uncomplicated purchase, equally well suited to a first-time buyer looking to get a foot on the ladder, or an investor seeking a straightforward buy-to-let in a consistently popular rental area.
The lease runs for the remainder of a 999-year term from 1993, with an annual service charge of £1,540 and no ground rent payable.
Viewing is highly recommended to appreciate both the apartment and the setting.
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.
Area
Agent & docs
FAQ
About 83, May Close, Swindon
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