2-bedroom flat · SN16 9LP
Sold STCListed 206 days
Opportunity summary
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About
An excellent opportunity to acquire a spacious and characterful two-bedroom apartment situated within the prestigious Inner Silk Mills , a landmark historic building in the centre of Malmesbury.
Offering expansive living spaces and distinctive architectural features, this property has been freshly redecorated throughout and is offered with no onward chain .
Set within a striking stone-built former silk mill, this apartment boasts high ceilings and large, arched windows that flood the interior with natural light.
The building is well-maintained and includes lift access to all floors , adding a layer of modern convenience to its historic charm. The layout is generous, offering approx. 850 sq.ft.
of living accommodation. The accommodation comprises an impressive 31ft triple-aspect living room —the centerpiece of the home—featuring a beautiful series of arched windows.
The kitchen is located off the hall and includes an integrated oven and hob, with ample space for further appliances.
There are two well-proportioned bedrooms and a bright bathroom, finished in a classic blue-and-white theme, equipped with both a full-sized bath and a separate enclosed shower cubicle.
Being centrally located, this home provides immediate access to the High Street and local shops.
With the added benefit of its central position and lift access, it offers ideal investment potential as a "lock-up-and-leave," making it perfect for downsizers, first-time buyers, or buy-to-let investors.
The History of the Silk Mills The "Burton Hill" Beginnings: The mill was originally built around 1790 by a clothier named Francis Hill.
Back then, it was known as Burton Hill Mill and was used for wool. Fire Safety Design: If you ever wondered why the windows are so large and numerous, it was actually for safety!
In the 1700s, wool dust in the air was highly explosive. To avoid using dangerous candles or lamps for light, the mill was designed with massive windows to maximize every second of natural daylight.
The Shift to Silk: In the mid-19th century (around 1852), it was converted to a silk mill.
It became a major part of Malmesbury’s economy for nearly 100 years, producing high-quality silk until it finally closed in 1941 to assist with the war effort.
Modern Transformation: The building was professionally converted into the apartments you see today in 1984 , preserving the Grade II listed stone exterior.
Property Information The property is Leasehold with gas heating, mains drainage, metered water and electricity. Wiltshire Council Tax Band .
Good outdoor and in-home mobile phone coverage according to Ofcom mobile with superfast broadband available. Please check the website for more information.
Flood risk is very low as stated by the gov.uk website.
The services, systems, and appliances listed in any specification have not been tested by the agent and no guarantee as to their operating ability or efficiency is given.
All information should be verified prior to exchange of contracts EPC Rating: D Entrance Hall Airing cupboard.
Door to: Living Room 3.09m x 9.59m Light and airey room with a series of arched windows to rear and sides with fitted blinds. Wall light points. Four radiators.
Kitchen 2.11m x 4.85m Arched window to front. Matching range of wall and base units with inset stainless steel sink and drainer.
Integrated gas hob with extractor fan over and decorative tiled splashbacks. Space and plumbing for washing machine and fridge freezer. Wall light point and spotlight. Tiled flooring and radiator.
Bedroom One 2.78m x 3.48m Arched window to rear. Fitted wardrobes. Telephone points and radiator. Bedroom Two 3.48m x 4.1m L shape room with two arch windows to rear.
Radiator. Family Bathroom 2.08m x 2.56m Arch window to rear. Pedestal wash hand basin, panel bath with mixer tap, corner shower cubicle with shower over and W/C.
Tiled flooring and tiling to principle areas. Shaver point.
Communal Garden A communal patio area with flowering troughs and mature beds provides a relaxing space to sit and watch the river flow by.
Disclaimer Property Particulars Disclaimer: Whilst every care has been taken in the preparation of these particulars, and they are believed to be correct, they are for guidance purposes only and do not constitute any part of a contract.
Any measurements, distances, and floorplans provided are approximate and should not be relied upon for purchasing carpets or furniture.
Prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the correctness of all details.
Photographs, computer-generated images (CGI), and virtual tours are shown for illustrative and marketing purposes only and may not accurately represent the property or its current condition.
Items such as furnishings, decorations, and the specific view from the property are not guaranteed.
The agent does not accept responsibility for any error, omission, or misstatement in these particulars.
We reserve the right to alter, amend, or withdraw the property from the market without prior notice.
Value & comps
No previous sales on record.
Returns
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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 advisors 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.
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About Inner Silk Mills, Malmesbury, SN16
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