1-bedroom flat · SN10 1EF
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to The Old Hospital, a recent conversion and refurbishment of this historic landmark building, set on the edge of this exciting heritage restoration of the Hospital site, now re-named Gainsborough Wharf.
This brand new and fully restored ONE bedroomed first floor apartment is available to make home this autumn.
The asking rent includes ELECTRIC AND WATER BILLS Set in its well-kept communal gardens, you have the privilege of walking through some of the best presented communal areas you will find.
With panelling, chandeliers and modern twist on Victorian architecture.
Your front door leads you into your reception room, with multiple windows letting in lots of light, with space for a living area and dining area. With views to the front.
The feature kitchen, white quartz worktops, feature lighting, and plenty of worktop space, a very social space.
The plentiful kitchen at one side of the room, with quartz worktops, built in dishwasher and fridge freezer. Lots of cupboard space and an electric oven and ceramic hob and extractor.
The real features are the attention to detail, with LED lighting in both spot lights and cornicing lighting throughout. Every plug and switch is chrome and many with USB ports built in.
The bedroom is found through the wide doorway with high period details like deep skirting boards, architrave round the windows and Farrow and Ball painted walls.
A double sized bed will fit with plenty of space for furniture and storage, on to the shower room, with full and deep shower.
Fully tiled with niche, censored under toilet and sink lights add a touch of class and luxury. High quality LVT, flooring and attention to detail is second to none- It must be seen!
Heating and cooking via electric- there is no Gas to the property. Parking is found in the residents parking bays beyond the building.
Being part of this exciting development, right at the very start, this will be a great opportunity to live in THE place to be!
Agents NOTE: Electric and water and parking is INCLUDED in the monthly asking rent.
EPC: E Council tax band - Predicted B Holding deposit: £288.46 one week's rent - this is a part payment of the first month's rent and will be deducted from the first month's rent.
Full deposit- held in the TDS = £1442.30 Council Tax Band: B Holding Deposit: £288.46
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 4 The Old Hospital, New Park Road, Devizes
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