2-bedroom flat · SN12 7FB
Listing removedListed 138 daysAuction 24 Jun · ended
Opportunity summary
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About
The property forms part of a modern development of nine flats over three floors with the subject property being situated on the first floor.
The flat totals approximately 51 sq m (551 sq ft) and is arranged as an open plan living room/kitchen, two bedrooms, hallway, bathroom/wc and Juliet balcony.
Externally there is private residents' parking.
Please CLICK HERE to access the 360 degree virtual tour Location : Melksham is an attractive town lying on the River Avon approximately 11 miles east of Bath and 7 miles south of Chippenham.
It can be accessed via the A350, which links with Warminster to the south and the M4 motorway ay junction 17 approximately 10 miles to the north.
Melksham railway station provides regional rail links as well as direct services to London Paddington with a journey time of approximately 1hr 25 minutes.
Additonally numerous bus routes serve the area.
Bolwell Place lies just a few minutes' walk wouth of the town centre running north from Strattons Walk and south from Lowbourne and close to the open spaces of King George V Park and The Woody Park.
Tenancy : Let on an Assured Shorthold Tenancy for a term of 12 months from 14.05.2025 at a rent of £10,200 pa (£850 pcm) Online Auction on Wednesday, 24 June 2026.
For further information, such as legal documents and property information, please visit bidx1.com.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
Agent & docs
FAQ
About Flat 4, Bolwell Place, Wiltshire, SN12 7FB
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