1-bedroom flat · SN1 7DX
Listing removedListed 116 days
Opportunity summary
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About
Step onto the property ladder with a deposit from just £3,500! Last remaining 1 bed Shared Ownership apartment located at Wichel Fields, part of the Wichelstowe development in Swindon.
A brand new first floor apartment, complete with carpets & flooring throughout so will be all ready to move into.
As you enter the apartment you are greeted by a spacious welcoming hallway, leading to a light & airy bedroom, and a stylish bathroom suite.
Also benefitting from a large open-plan living area, featuring a fitted kitchen with an oven, hob & extractor, and double doors to a balcony.
Also benefitting from an allocated parking space with access to EV charging, plus communal bike storage.
Final 1 bed apartment: Plot W8-035 Get in touch to find out how you could unlock your home buying potential with Shared Ownership The development Set in 200 acres of open space with nature trails on your doorstep, this is the ideal location for families and commuters to call home.
Living here, you'll be a short drive from the town centre, plus within walking distance is a supermarket, and Hall & Woodhouse where you can enjoy a tasty pub lunch overlooking the canal.
Commuters will benefit from excellent transport links with easy access to the M4, plus direct train services to London, so you can be stepping onto the platform at London Paddington in less than an hour.
What is Shared Ownership? With Shared Ownership you buy the share you can afford and pay rent on the share that's left.
Benefits include: - Affordable monthly mortgage payments (compared to full ownership) - Ability to buy more shares in your home via staircasing - Opportunity to build your equity Purchase Example: Full Market Value: £175,000 40% Share Price: £70,000 Rent on un-owned share £240.63pcm Estimated service charge £135.00pcm Shared Ownership could be for you if: - You are over the age of 18 - Your household income is less than £80,000 (or £90,000 in London) - It will be the only property you own
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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About Wichelstowe Swindon SN1 7DX
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