We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SN15 3YY
For saleReduced £16k (−15.2%) on 4 JulListed 1141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented second floor apartment enjoying a quiet rear aspect and situated in the sought after Castle Lodge development of retirement apartments designed for those aged sixty and upwards, ideally located in the centre of Chippenham.
Situation The development is conveniently situated opposite the bus station, close to the library and the bustling town centre offering a wide range of amenities.
A short walk away is the River Avon and Monkton Park with riverside walks, cycleways and a nine hole golf course.
Pedestrian access leads on through to the mainline railway station linking within 15 minutes to the Georgian City of Bath as well as London Paddington in just over an hour.
M4 J.17 is c.5 miles north of Chippenham. Accommodation Comprising: Communal entrance with stairs and lift rising to second floor.
Entrance door to: Entrance Hall Door to airing cupboard housing hot water tank. Built-in storage cupboard. Multi glazed door to Sitting/Dining Room.
Sitting Room/Dining Room Double glazed windows to rear, electric storage heater Telephone point. Television/DAB radio/Sky TV point. Door to: Kitchen Double glazed window to rear.
Rolled edge work surfaces, partly tiled and inset single bowl single drainer stainless steel sink unit. Range of drawer and cupboard base units and matching wall mounted cupboards.
Built-in eye level electric oven and hob with extractor over. Integrated fridge and freezer. Bedroom Double glazed window to rear. Electric night storage heater.
Built-in mirrored fronted sliding wardrobes. Shower Room White suite comprising double shower cubicle, vanity wash basin with cupboard under and close coupled WC. Wall mounted heater.
Other Facilities Residents Lounge Newly decorated, offering a large open plan area on the ground floor, ideal for social get togethers.
Guest Suite A Guest Suite is provided for visiting relatives or friends and a charge is made for its use. Reservations are arranged via your Lodge Manager.
Priority may be given to a visitor helping a sick Owner. Laundry Room Communal laundry facilities, which are available to all Owners.
The costs of running the laundry, including servicing and repairs, are paid for through the service charge. Parking There is a residents parking area and spaces are provided free of charge.
Directions From our Office in the Market Place proceed past the bus station and Castle Lodge will be found on the right.
Turn right at the junction into Gladstone Road and after 50 yards turn right at the end of the building. This leads to the parking and entrance to the apartments.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 29, Castle Lodge, Gladstone Road, Chippenham
Explore nearby