2-bedroom semi-detached house · SN11 8RW
For saleListed 16 days
Opportunity summary
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About
OFFERED FOR SALE UNDER A SHARED OWNERSHIP SCHEME !
An excellent opportunity to step onto the property ladder with this brand new two bedroom semi detached home, available through a shared ownership scheme.
The property is offered at an example 40% share, based on a full open market value of £275,000.
The monthly rent payable on the remaining share is £378.13, with an additional development service charge of £19.30 per month.
The Accommodation – Arranged over two floors, the property offers thoughtfully designed accommodation; entrance hallway with a staircase rising to the first floor and a doorway leading into the living room.
Moving towards the rear of the property, a handy ground floor WC is positioned to the right, before entering the kitchen/dining room overlooking the rear garden.
The kitchen offers a range of wall and base units, complemented by an integrated oven, hob and extractor hood, with ample space for a dining table.
The first floor comprises two bedrooms, both accessed from the central landing, alongside a family bathroom.
The property benefits from practical vinyl flooring to the kitchen, bathroom and ground floor WC, with fitted carpets throughout the remaining accommodation.
Externally – To the rear, the property enjoys a private, turfed garden. A small garden storage unit offers provides storage space. Allocated parking for two vehicles.
Situation - Calne, the 'Town of Discovery' is situated in the heart of the Wiltshire countryside.
The town retains many buildings of historical interest, including St Marys, a beautiful example of a 12th Century Parish Church.
Modern day Calne benefits from a weekly market and various sports and leisure facilities. There is also a selection of shops and supermarkets, a library, public and private schooling for all ages.
Just outside the town is the village of Cherhill. Here you will find Wiltshire's most dramatic White Horse carved on the chalk hillside below an ironage fort.
A short drive away are the UNESCO Word Heritage Sites of Avebury, Silbury Hill, Stonehenge, Lacock Abbey and the Georgian City of Bath.
A couple of miles away is Bowood House with beautiful gardens and luxury Hotel, Spa and Golf Resort.
Property Information - This property is being sold via Selwood Housing will applicant required to fill in an application form before proceed.
For more information on how the shared ownership process works then please contact the office and we will send you the information form.
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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FAQ
About 16 Spackman Drive, SN11 8RW
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