2-bedroom flat · SN15 1JB
Sold STCListed 469 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO DOUBLE BEDROOMS. A well presented two bedroom ground floor flat offering generous accommodation.
The property is located within walking distance of the town centre and main line railway station serving London Paddington. The property features an ensuite bathroom to the main bedroom.
Further benefits include dedicated fibre connection to the property and double glazing with privacy glass in the lounge. NO ONWARD CHAIN.
Communal Entrance Hallway - Main doors both to front and rear lead into communal area, front door to flat. Flat Hallway - Front door leads into hallway, radiator, doors to all rooms.
Walk in store cupboard (5'08" x 5'03") Living Room With Kitchen Area - 6.81m x 3.68m (22'04 x 12'01") - Dual aspect double glazed doors to outside, further double glazed window, all doors and windows are fitted with privacy glass, radiator.
Kitchen Area - Work tops with a range of cupboards and drawers, inset stainless steel sink unit, inset electric hob, fitted electric oven, integrated fridge/freezer.
Bedroom One - 3.71m x 3.35m (12'02" x 11'0") - Double glazed window, built in wardrobe, radiator. En Suite Shower - Fully tiled double shower cubicle, W.C ,Pedestal hand basin, towel radiator.
Bedroom Two - 3.84m x 3.40m max (12'07" x 11'02 max) - Double glazed window, radiator.
Main Bathroom - White Suite, Panelled bath with mixer/spray shower attachment, pedestal hand basin, W.C, Towel radiator. Allocated Parking Space - Parking space to the rear.
Tenure - GOV.UK advises the property is Leasehold. 999 years starting from October 2020. Ground Rent and Maintenance £1500.00 / Year - We are awaiting confirmation of the 2025/2026 charge.
Council Tax - GOV.UK advises band C.
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
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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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FAQ
About Foundry Lane, Chippenham
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