We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SN16 9LP
For saleListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, recently refurbished apartment (759 sq ft) in a Listed converted former Silk Mill with river views. Two bedrooms, bathroom. Hall, sitting/dining room, kitchen/breakfast room.
Allocated private parking space, communal gardens. NO ONWARD CHAIN The Accommodation - The Inner Silk Mill is a substantial Grade II listed building believed to date from the late 1700s.
It is situated on the southern edge of the town, adjacent to the river and close to amenities.
Recently refurbished to a high standard, this delightful second floor, two bedroom apartment offers easy maintenance and security, accessed via a communal entrance lobby, which includes an entry phone system for added security, and a lift providing convenient access to the second floor.
The flat enjoys views over the adjoining garden. Outside - Communal gardens adjoin The Mill with paved seating areas, security lighting and tap for car washing.
A short distance away is the residents' car park. No 10 is the only flat that has a dedicated parking space. General - All mains connected. The gas boiler is in the kitchen.
Council Tax Band C - £2,227.77 payable for 2025/26. EPC: - 73.
Although the property is technically leasehold, the purchaser on completion will receive a £1 share in ISM (Malmesbury Ltd), who own the freehold. The maintenance charge is currently £1,260.23 pa.
This covers building insurance, lift maintenance and insurance, cleaning and electricity charges for the internal communal areas as well as garden maintenance, refuse collection and external water and electricity charges.
Malmesbury - Reported to be England’s oldest borough, dating from around 880AD, Malmesbury is a vibrant market town.
Home to a stunning 12th century Abbey, a 15th century Market Cross and a charming High Street with unique, independent shops.
There are lovely walks along the beautiful River Avon, fabulous cafes, restaurants, pubs and the oldest Hotel in England.
It has a Waitrose supermarket, a regular farmers' market, a library, museum, leisure centre with pool, two primary schools and a 'High Performing Academy' secondary school.
It is also home to the UK headquarters of Dyson. Nearby are the popular attractions of Westonbirt Arboretum and the Cotswold Water Park.
The City of Bath is 23 miles to the south-west and J17 of the M4, 5 miles south, provides access to the area's major employment centres and there are trains to Paddington in just over an hour from Chippenham and Kemble.
The nearest airport is at Bristol and London Heathrow is within easy reach along the M4.
Directions To Sn16 9Lp - Proceed down the high Street, over the river bridge and prior to the traffic lights, bear left through the arch of the Outer Mill which leads to the Inner Mill.
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
Agent & docs

FAQ
About Malmesbury
Explore nearby