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See how verdicts work2-bedroom flat · SN2 1AF
No longer listedListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ST PAUL'S COURT, CRICKLADE ROAD, SWINDON, SN2 1AF We are pleased to present this excellent income-producing buy-to-let investment opportunity, currently tenanted and generating a reliable rental income in a sought-after residential location in Swindon.
________________________________________ FINANCIAL SUMMARY Asking Price £145,000 Service Charge £1,560 per annum Ground Rent Zero Gross Yield 7.86% Net Yield 6.8% Rental Arrears None ________________________________________ TENURE & LEGAL • Tenure: Leasehold - 992 years remaining • Share of Freehold: Included - offering exceptional security of ownership • Ground Rent: Peppercorn / Zero- no escalating ground rent liability ________________________________________ KEY INVESTMENT HIGHLIGHTS • Immediate rental income - property is currently tenanted at £950 pcm with no arrears, providing a seamless income from day one • Strong investment returns - delivering a gross yield of 7.86% and a net yield of 6.79%, well above the national buy-to-let average • Share of freehold included - a significant added value, giving the purchaser a stake in the building and greater control over management decisions • 992-year lease - virtually freehold in practical terms; no lease extension costs anticipated for generations • Zero ground rent - no ground rent exposure, fully compliant with current legislation and highly attractive to mortgage lenders • Low service charge - at just £1,560 per annum, ongoing outgoings are modest and well-managed • Clean financial history - no rental arrears, reflecting a responsible tenancy and well-maintained asset ________________________________________ LOCATION Cricklade Road is a well-established residential corridor in north Swindon, benefiting from excellent transport links, local amenities, and proximity to the town centre.
Swindon continues to attract strong rental demand, underpinned by major employers and ongoing regeneration investment in the area.
________________________________________ SUMMARY This property represents a straightforward, low-risk investment with an established income stream, exceptional leasehold security, and minimal ongoing liabilities.
At an asking price of £145,000 and delivering a net yield of 6.8%, it is well suited to both experienced portfolio landlords and first-time buy-to-let investors.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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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FAQ
About Cricklade Road, Swindon
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