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See how verdicts work2-bedroom house · SN12 7NS
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in Wharf Court, Spa Road, this delightful second-floor retirement property offers a perfect blend of comfort and convenience.
With two well-proportioned bedrooms, this residence is ideal for those seeking a peaceful retreat while remaining close to the town centre and its array of amenities.
Upon entering, you will find a welcoming reception room that provides a lovely space for relaxation and socialising. The property features a well-appointed bathroom, ensuring all your needs are met.
One of the standout aspects of this retirement property is the absence of an onward chain, allowing for a smooth and straightforward transition into your new home.
Residents can enjoy the benefits of communal facilities, including a lounge, gardens, and laundry rooms, fostering a sense of community and companionship among neighbours.
For added convenience, a lift is available, making access to the second floor effortless. Parking is also available, ensuring that you and your visitors have a hassle-free experience.
This property is not just a home; it is a lifestyle choice, offering a supportive environment for those in their retirement years.
With its prime location and excellent amenities, this retirement property on Spa Road is a wonderful opportunity for anyone looking to embrace a new chapter in a welcoming community.
Hall (1.78m x 1.00m (5'10" x 3'3")) Electric radiator, doors leading to living room, bedrooms and bathroom and storage cupboards.
Living Room (3.12m x 4.52m (10'3" x 14'10")) Window to side and front elevation window, electric radiator, door to kitchen.
Kitchen (2.66m x 2.39m (8'9" x 7'10")) Fitted with a matching range of base and eye level units with worktop space over with stainless steel sink, space for fridge/freezer and washing machine, space for electric cooker, window to front elevation.
Bedroom One (2.82m x 4.73m (9'3" x 15'6")) Window to side elevation, electric radiator. Bedroom Two (1.81m x 3.42m (5'11" x 11'3")) Window to side elevation, electric radiator.
Bathroom (2.11m x 1.75m (6'11" x 5'9")) Fitted with three piece suite with comprising wash hand basin, shower enclosure and WC, heated towel rail.
Outside Large communal garden space, washing line area, communal lounge and communal laundry rooms with multiple washers and driers.
Lift to upper floors for ease of access along with a Stannah Stair Lift on one of the stairwells. Parking available.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 66, Wharf Court, Spa Road, Melksham
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