2-bedroom flat · SN10 1LL
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Virtual tour available** Positioned in a fantastic central location, Offers View presents a fantastic opportunity to acquire a modern two bedroom second floor apartment with allocated parking in the heart of Devizes.
This well-appointed property boasts a contemporary kitchen, comfortable living space, and the added convenience of allocated parking and lift access.
Situated on Southbroom Road, residents will enjoy easy access to the town's vibrant amenities, picturesque walks, and highly regarded schools, making it an ideal choice for first-time buyers, downsizers, or investors alike.
Step inside to discover a thoughtfully designed apartment featuring a sleek, modern kitchen equipped with white goods including electric hob, oven, extractor fan, washing machine and brand new fridge/freezer.
The living area provides a comfortable space to relax and unwind, while the two well-proportioned bedrooms offer peaceful retreats.
Electric heating ensures warmth and comfort throughout the seasons with water and heating boiler having been replaced in January 2024.
The development itself benefits from lift access, providing ease of movement for all residents.
A short stroll leads to the bustling town centre, offering a diverse array of shops, cafes, restaurants, and essential services.
The Kennet and Avon Canal offers delightful waterside walks, while nearby green spaces provide further opportunities for recreation.
Families will appreciate the close proximity to schooling for all ages.
TENURE Leasehold Length of lease: 987 years remaining Service charge: £2106.34 per annum Service charge review date: annually Ground rent: £125.45 per annum Ground rent review due: 2033 Council Tax Band A EPC Rating C
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.
Area
Agent & docs
FAQ
About Southbroom Road, Devizes, Wiltshire, SN10
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