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See how verdicts work1-bedroom flat · BA13 3FE
For saleReduced £20k (−18.2%) on 7 AugListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Davies & Davies are pleased to market this one bedroom ground floor apartment set within the small Chantry Court development which is a prestigious gated retirement village for the over 55s.
Tucked away in the heart of Westbury, in a conservation area, the development is privately managed with a wide range of facilities available on site to include a residents lounge, restaurant, cinema, hairdressing salon, laundry service, library, bar and guest facilities.
Everything at the 'Chantry Court' Development is focused on helping residents relax, enjoy life and feel cared for as their needs change.
Tailored and high quality in house care packages are available for assisted independent living 24/7 and 365 days a year if required.
Should any resident feel that they would benefit from some additional support, staff enable this as subtly and respectfully as possible, either in a resident's own property or through specialised in-house domiciliary care.
Efforts are always made to enhance residents' quality of life and help maintain the best possible level of independence.
The light and well-presented accommodation looks out towards the front of the development and provides a welcoming communal entrance hall, a spacious entrance hall with built in storage cupboard, a spacious lounge/kitchen with doors to the small terrace and a fitted kitchen area, large double bedroom with built in wardrobe and a spacious shower room.
The apartment benefits from being wheelchair accessible and also benefits PVCu double glazing, gas central heating, well maintained communal gardens and parking facilities.
Tenure & management company details The property is leasehold and available to residents over 55. Length of lease: A 999 year lease is available from 2012.
A maintenance charge of £827 per month includes 24-hour personal emergency call alarm system, cleaning and laundry service each week, phone rental, building insurance, maintenance of private and communal gardens, and maintenance of the outside of the building.
There is a ground rent of £250 per annum which increases by £100 on every 25th anniversary until 100 years when the maximum ground rent will be £650 per annum.
A charge of 10% of the sale price will be payable by the vendor of the property as and when the property is to be re-sold.
Management Company: Welldeal ltd, Chantry Court Care Village, Westbury, BA13 3FE
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.
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FAQ
About 4, Weaver House, Chantry Court
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