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See how verdicts work2-bedroom flat · SN15 5LJ
For saleReduced £35k (−14.9%) on 19 OctListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A contemporary and stylish two double bedroom duplex apartment with balcony terrace enjoying an open outlook with views and offering spacious and flexible accommodation.
68 The Fairways boasts the most spacious of layouts on the development, with over 1150sq ft of accommodation and the flexibility to comfortably accommodate friends and family with their own space and bathroom facilities if and when required.
Further benefits is that this apartments has two bathrooms with one bathroom including both a walk in shower and a full sized bath.
The apartment is situated within The Fairways Retirement Village (available to over 55s) which comprises 75 individually crafted custom-built apartments in a number of different styles.
All the apartments are arranged around a light and airy atrium, the perfect setting for you to meet up with friends and enjoy a cup of coffee, or perhaps even a game of bowls, putting or giant chess.
There are a number of onsite facilities which include residents lounge, restaurant, spa, swimming pool, Jacuzzi, well equipped gym, snooker room and cinema.
The apartment offers spacious and well presented accommodation arranged over two floors.
The ground floor comprises entrance hallway, lounge/dining with balcony terrace off, kitchen, bedroom and wet room.
The first floor comprises a luxury master bedroom suite with large Velux windows with far reaching views and an en-suite bathroom.
The L-shape of the bedroom allows the room to be split into a bedroom area, and reception area, enjoying the views from the velux.
The property is offered to the market with no onward chain and an internal viewing is highly recommended.
Situation The Fairways Retirement Village is situated along side the local Golf Course on the outskirts of the town offering views over the surrounding countryside.
The Fairways has an impressive range of shared facilities giving the perfect opportunity to socialise and to enjoy the full range of activities which are available.
There is a communal atrium which is home to a number of facilities including a Restaurant, Hair & Beauty Salon, Library with it suite, Swimming Pool, Bowls, Mini Golf, Giant Chess, Snooker Room, Cinema Room, Shop, Gym and so much more.
There are 3 lifts available within the complex or staircases to each floor which can be used as appropriate.
The Fairways provides a wonderful opportunity to join a friendly community of like minded people, with all the freedom and independence of your own front door, ensuring that during retirement your life is as full as ever, with the added peace of mind that there is flexible levels of support available if or when you ever need it.
Property Information Council Tax Band: D Leasehold: 125 year lease from 01/01/2014 113 years remaining Mains Water And Drainage Electric Heating EPC Rating: C
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 68, The Fairways, Chippenham
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