2-bedroom house · SN16 0NZ
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented Cotswold stone terraced cottage with a wealth of original features.
Believed to date back to the early 1600’s, 2 Parsonage Cottages is very well presented and retains much of its original character and charm including exposed beams and a spacious original staircase.
Accessed via a front garden, the porch leads directly into the reception room complete with wood burning stove.
To the rear is a bright, stylish and extended kitchen/dining room with designated space for a large dining table and bi-fold doors which lead directly onto the south/west facing terrace and garden.
Upstairs, on the first floor, there is double bedroom with built-in storage along one wall and a well-appointed bathroom.
The staircase continues to the second floor which has another large double bedroom with exposed ceiling beams and a pitched ceiling. 2 Parsonage Cottage is not listed.
Outside, the front garden is easy to maintain and bordered by a traditional Cotswold stone wall.
The south/west facing rear garden has been sympathetically landscaped and includes a broad paved terrace, perfect for outside dining and entertaining.
Wide stone steps lead up to the lawn with mature borders and raised beds.
Within the far corner of the garden is a stone-built outbuilding that has been converted into a smart garden office with power and light, underfloor heating and a WC.
The cottage is situated on the edge of Pinkney with a wonderful network of footpaths offering fabulous walking.
PLANNING PERMISSION Application Reference Number: 20/03025/FUL Rear extensions and extension to existing outbuilding. Full details on the Wiltshire planning website.
We believe the planning to be extant.
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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