1-bedroom flat · SN13 9EE
For saleReduced £5k (−3.3%) on 8 JulListed 168 days
Opportunity summary
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About
This modern ground-floor 1-bedroom apartment is situated in popular Katherine Park and is ideally placed for access to local amenities, the A4 and Bath.
Having been owned by the same owner for almost 20 years, it has been a loving home and comprises a good-sized lounge/dining room, kitchen with integrated electric oven & hob, double bedroom, and stylishly tiled bathroom with shower over the bath.
The property also benefits from an allocated parking space adjacent to the flat, visitor parking and a security entry phone system.
In short, an ideal first-time buy, or investment opportunity, with anticipated rental income of c.£750pcm Situation Freestone Way is situated towards the edge of the popular Katherine Park development with lovely lakeside and woodland walks almost on the door step and within easy access of Corsham's picturesque and historic high street which offers a variety of interesting shops, cafes and restaurants.
Other local amenities include junior and comprehensive schooling, doctors surgery and leisure centre.
Ideally placed for access to the A4, the Georgian city of Bath is within 9 miles with it's vast array of shopping, cultural and leisure amenities and high speed rail service to London, which is also available at nearby Chippenham.
There is also fast road access to the M4 motorway via junction 17. Prtoperty Information Main Services Electric Heating Freehold Property Council Tax Band: A EPC Rating: C Allocated Parking
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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About 28, Freestone Way, Corsham
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