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 work2-bedroom property · SN15 1DS
Sold STCReduced £30k (−35.3%) on 26 OctListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance to the town centre, a warden controlled two bedroom 2nd floor flat.
The property benefits from communal gardens and parking and is also within walking distance of John Coles Park.
Accommodation briefly comprises: hallway, living room, kitchen, two bedrooms and bathroom. This property can only be purchased by clients who are 55 years and older.
There are lifts and a guest room and also communal living room and laundry room. NO ONWARD CHAIN.
Entrance Hallway - Front door leads into entrance hallway, electric heater, built in cupboard, Living / Dining Room - 17'02" x 9'0" - Double glazed window, electric heater, entry phone.
Fitted Kitchen - 11'03" x 9'07" - Double glazed window, laminated work tops with a range of cupboards and drawers under, also a range of cupboards over, inset stainless steel sink unit, space for fridge/freezer, space for cooker.
Bedroom One - 11'04" x 11'03" - Double glazed window, electric heater. Bedroom Two - 11'03" x 6'04" - Double glazed window, electric heater.
Bathroom - Panelled bath, over bath shower, pedestal hand basin, W.C. Communal Garden - Communal garden area.
Tenure - GOV.UK advises the tenure is Leasehold Length of Lease: 99 Years commenced from 1995 Maintenance Charges: c.
£296.59 / Month There is a deferred Service Charge that a seller would have to pay if they sell the flat.
Paid to Anchor Housing, 1% of the purchase price multiplied the number of years that they have owned the flat. Council Tax Band - GOV.UK advises the band is B
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
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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 Langley Road, Chippenham
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