2-bedroom flat · SN12 7NS
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Wharf Court, Melksham. This retirement flat on Spa Road offers a delightful blend of comfort and convenience.
Situated on the first floor, the property features two well-proportioned bedrooms, a spacious reception room, kitchen and bathroom with shower.
Residents will appreciate the communal lounge, a welcoming space that offers a sense of community among neighbours.
The beautifully maintained communal gardens provide a lovely outdoor area to enjoy the fresh air and sunshine.
Additionally, a laundry room is available for your convenience, ensuring that daily chores are easily managed.
There is also the added bonus of the lift to make access easier as well as an additional stair lift on one of the stairwells. One of the standout features of this property is its prime location.
Within walking distance, you will find the town centre, offering a variety of shops, cafes, and essential services.
The proximity to local amenities, including a doctors surgery, adds to the appeal, making everyday life both easy and enjoyable.
This retirement flat is not just a home; it is a lifestyle choice that promotes independence while providing the support and community that many seek in their later years.
With its modern design and thoughtful features, this property is a wonderful opportunity for those looking to embrace a fulfilling retirement in a vibrant and friendly environment.
Hall Electric storage heater, doors leading to bedrooms, bathroom, storage cupboards, living room and kitchen.
Living Room (3.12m x 4.52m (10'3" x 14'10")) Window over looking communal garden, electric storage heater, opening to kitchen.
Kitchen (2.66m x 1.77m (8'9" x 5'10")) Fitted with matching range of base and eye level units, stainless steel sink, built in electric oven and hob, extraction fan, space for washing machine and fridge freezer.
Window to side elevation over looking communal garden. Bedroom One (2.82m x 3.42m (9'3" x 11'3")) Window over looking communal garden, electric storage heater.
Bedroom Two (1.81m x 3.42m (5'11" x 11'3")) Window over looking communal garden area, electric storage heater.
Bathroom (2.11m x 1.75m (6'11" x 5'9")) Fitted with three piece suite comprising w/c, wash hand basin, shower enclosure.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 31, Wharf Court, Melksham
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