2-bedroom house · BA14 0FH
For saleListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Found on the second floor with a fabulous view of the communal grounds, this shared ownership retirement property features two double bedrooms, a large wet room and additional WC.
The property has lift access, spacious communal areas, extensive grounds and residents car park.
No onward chain Stepping into the apartment you find a vast hallway with doors to each room as well as two large storage cupboards.
The lounge-diner is a good size, with plenty of room for a table and chairs, and has a Juliet balcony overlooking the communal grounds.
This opens to the kitchen area which has a selection of fitted units and work surface space over. There is an electric eye level oven, hob and space for further appliances.
Both bedrooms are generous doubles and have a pleasing view of the communal grounds.
The main bedroom is particularly spacious whilst the second bedroom could be utilised as a dining room if preferred.
The large wet room features step free showering and has a wash basin and WC whilst the property also has a further separate WC.
Florence Court was built in 2011 and boasts a welcoming and social environment for those aged over 55 as well as an impressive array of facilities for residents.
There is a large residents lounge with sofas, tables and chairs as well as a kitchen area. This opens onto lovely gardens, giving residents a great space to relax in the summer.
Other features include a hair salon, library, communal laundry room, guest accommodation (£20 per night) and a friendly scheme manager who is on site five days a week.
There are two lifts providing access to each floor as well as emergency pull cords for assistance.
Parking is available for residents and their guests in the car park to the front on a first come first served basis.
We have been advised that the property is leasehold with the current lease running to 2136. The ground rent is £82.27 per month and the service charge is currently £616.93 per month.
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.
Area
Agent & docs
FAQ
About 33, Florence Court, Wiltshire
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