2-bedroom flat · SN10 1JT
Listing removedListed 142 days
Opportunity summary
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About
Offered with no onward chain, this spacious and well appointed 2 bedroom Grade II Listed flat is conveniently placed in the heart of the historic centre of Devizes.
An ideal property for anyone looking to downsize into town with amenities right on the doorstep.
Internally, a communal front door opens into a stairwell with stairs rising up to the top floor and Flat Number 3.
Inside the flat, the landing leads off to a lovely light sitting room with a large sash window wooden beams and a feature fireplace (not in use)/ From here is an opening into a modern fitted kitchen with an integrated oven and hob, and space for further appliances.
There are two bedrooms, both with fitted storage, and a family bathroom with oak flooring and a traditional white suite and an electric shower over a bath.
The property benefits from gas fired central heating and all mains services. Being centrally located in town, everything you need is just a stone's throw away.
There is on road parking nearby, plus the ability to obtain a permit for one of the closeby car parks.
The previous owner made a private arrangement with a local business to be able to park overnight or on weekends in their car park ).
The property would be a lovely home for a first time buyer as well as a good investment buyer, with a potential rental of £900 pcm.
Situation This charming period home is located right in the heart of Devizes town centre- just a mere a stone's throw away from shops, restaurants and amenities.
Historic Devizes is bisected by the Kennet & Avon canal, part of a waterway joining London to Bristol and famed for its flight of twenty-nine locks, an engineering and aesthetic marvel walking distance from the town, and a paradise for canoeists, barges and anglers.
Featuring a wealth of listed buildings and a weekly market, the bustling town enjoys a beautiful setting amidst Wiltshire's chalk downlands criss-crossed by ancient byways and prehistoric earthworks providing a scenic playground for walkers and cyclists.
Cultural facilities include a museum, active theatre, cinema and vibrant live-music scene. The major centres of Bath, Salisbury, Swindon, Marlborough and Chippenham are all within a 30-mile radius.
Property Information Services: All mains services are connected at the property. On street parking nearby.
The current owners had previously agreed parking at the rear for evenings and weekends only with the neighbouring business (but this would need to enquired into by prospective purchasers and they would need to formalise their own arrangements).
Council Tax: A Grade 2 Listed building Leasehold with share of freehold. Freehold owned my management company comprising of all three flats in the property which owner of flat 3 becomes a shareholder.
965 lease remaining.
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.
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About Flat 3, 20 Northgate Street, Devizes
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