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See how verdicts work1-bedroom house · SN12 7GW
For saleListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Melksham, this immaculately presented ground floor flat is an ideal residence for those seeking a peaceful retirement.
Designed specifically for individuals over the age of 60, this property is situated within a highly sought-after retirement complex that boasts modern amenities and a welcoming atmosphere.
The flat features a spacious reception room that invites natural light, creating a warm and inviting space for relaxation or entertaining guests.
The bedroom is generously sized and includes a walk-in wardrobe, providing ample storage and convenience. The bathroom is well-appointed, ensuring comfort and ease of use.
One of the standout features of this property is its tranquil location, facing the beautifully gardens at the rear of the complex.
Residents can enjoy the serene views and take advantage of the plentiful garden seating, perfect for enjoying the fresh air and sunshine.
The complex is equipped with a clean air system and underfloor heating, ensuring a comfortable living environment throughout the year.
Convenience is key, as this flat is just a short stroll from the town centre, where you will find a variety of local shops and amenities.
Regular bus services are also available, making it easy to explore the surrounding area. Additionally, the proximity to local doctors adds to the appeal of this retirement haven.
In summary, this flat on Spa Road offers a perfect blend of comfort, convenience, and community, making it an excellent choice for those looking to enjoy their retirement years in a modern and peaceful setting.
Hall - 2.00m x 2.92m (6'7" x 9'7") - External door from communal area and doors to bedroom, shower room, utility area and lounge/diner.
Lounge/Diner - 6.18m x 3.14m (20'3" x 10'4") - Patio doors onto patio to front elevation and door to kitchen.
Kitchen - 2.40m x 2.19m (7'10" x 7'2") - Fitted with a matching range of base and eye level units, raised fitted oven and four ring hob with extractor hood over and window to front elevation.
Bedroom - 3.99m x 2.90m (13'1" x 9'6") - Window to front elevation and door to walk-in wardrobe.
Shower Room - 2.11m x 2.17m (6'11" x 7'1") - Fitted with a three piece suite comprising wash hand basin, shower enclosure and WC with heated towel rail.
Additional Information - The property benefits from underfloor heating throughout and clean air system. There is a patio area outside the living room doors.
The communal space offers plenty of garden seating and main lounge with kitchenette attached. Tenure - 990 years remaining on lease. £250 ground rent £3144 service charges per year.
Optional extra - Allocated parking - £250 per year
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 Spa Road, Melksham
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