1-bedroom flat · SN15 3PE
For saleListed 257 days
Opportunity summary
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About
An amazing opportunity to purchase a ground floor apartment within the historic Monkton house, central to the town with Monkton Park, River Avon, gardens and golf course as your outlook.
Comprising; communal hallway, private entrance hall, lounge/dining room with window seating and sash windows, kitchen, bathroom and generous bedroom with dual aspect and fitted wardrobes.
Further benefits include allocated parking and use of the established and well maintained communal gardens. This is a must view home. Flat 1 has a 1/8th share of the freehold.
Communal Entrance Hall - Hallway - Front door, door to the sitting room, kitchen, bathroom and bedroom along with built in cupboard.
Sitting Room - High ceilings with period features, four sash window with a duel aspect overlooking communal gardens and the golf course with window seats in each, radiator, gas fire, space for living furniture as well as dining furniture.
Kitchen - Sash window overlooking the communal gardens, floor and wall mounted units, stainless steel sink and drainer, electric oven, electric hob, plumbing for a washing machine, integral fridge and gas fired boiler.
Bathroom - Sash window to the side overlooking the gardens, towel radiator, toilet, wash hand basin, bath with shower over and part tiled walls.
Bedroom - Sash windows to both sides giving a duel aspect, two radiators and two wardrobes.
Communal Gardens - Generous well maintained and well stocked gardens laid predominantly to lawn with pathways and seating areas. A locked gate gives private access in to Monkton Park.
Parking - There is allocated parking specifically for number 1. It is the closest parking allocation to the main building. Tenure - We are advised by the .Gov website that the property is Leasehold.
The current lease term is: 125 years from 24/06/1986. 86 years remaining.
Ground rent is £150 per year and the latest service charge is £3505.14 for a 12 month period- As an owner of a flat in the block you will join the management committee.
Flat 1 has a 1/8th share of the freehold so the remaining years left on the lease are irrelevant. Council Tax - We are advised by the .gov website that the property is band D.
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
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FAQ
About Monkton Park, Chippenham
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