2-bedroom flat · SN13 9HA
Listing removedListed 390 days
Opportunity summary
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About
Attention First-Time Buyers & Investors!
Perfectly positioned within walking distance of Corsham’s High Street and local amenities, this well-presented two double bedroom ground-floor apartment offers excellent rental potential or a fantastic first step onto the property ladder.
Complete with private front and rear gardens and an allocated parking space, this home ticks all the boxes for comfortable, low-maintenance living in a convenient location.
Accessed via a communal entrance with a secure entry phone system, the apartment features bright and flexible accommodation throughout.
At the front of the property is a stylish open-plan kitchen, dining, and living area, updated by the current owner to include a built-in fridge and freezer, electric cooker and hob, and plenty of space for a dining table.
French doors from the sitting area open onto a private front patio, adding to the sense of light and space.
An inner hallway leads to two well-proportioned double bedrooms at the rear of the apartment.
The main bedroom (11'2" x 9'10") also benefits from French doors opening onto a private rear patio – a rare and welcome feature for an apartment in this price range.
The second bedroom (10'2" x 7'5") is ideal as a guest room, children’s room, or home office.
A modern, good-sized bathroom includes a white suite with a bath and overhead shower, and there is a useful storage cupboard housing the water tank, with plumbing for a freestanding washing machine.
This is a leasehold property with a share of the freehold, offering a 999-year lease from 2011. It has mains drainage and electric heating and hot water.
Corsham is a pretty and historic town of architectural significance located on the southern fringes of the Cotswolds, an area of outstanding natural beauty and some 8 miles Northeast of the fine Georgian City of Bath.
The town, noted for its fine High Street, has a wealth of beautiful and historic buildings dating from the 16th Century such as the Alms House and the historic Corsham Court with its landscaped open parkland.
The town caters for most day-to-day needs with a range of national and bespoke shops, coffee houses, boutiques, restaurants, and a variety of public houses.
There are very good Primary and Secondary schools and the new Corsham Leisure Centre.
Communications are excellent: Bath, Bristol, and Swindon are all within easy motoring distance; there are fast road links to London and the West Country via the M4 motorway (J17 and 18 approximately 15 - 20 minutes away); mainline rail services are available from either Bath or Chippenham.
Additional Information: Tenure: (Share of Freehold) (999 Lease Years from 2011) Service Charge: £37 PCM (Ground Rent Included) Current EPC Rating: C (69) // Potential: B (82) Services: Mains Electric.
Mains Drainage. Mains Water.
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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FAQ
About Pound Mead, Corsham, Wiltshire SN13
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