3-bedroom semi-detached house · SN15 2NR
Listing removedListed 358 days
Opportunity summary
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About
Shared Ownership, 40% Share!
A fantastic opportunity to purchase a brand new three bed semi-detached house, superbly positioned on the newly established Rowden Gate development to the south of Chippenham, via a Shared Ownership Scheme.
The internal accommodation is arranged over two levels, and briefly comprises; entrance hall, open plan kitchen / diner with plenty of storage, downstairs cloakroom, and sitting room, which features double doors leading to the rear garden.
To the first floor, you will find three bedrooms, two of which are good sized doubles and a further single room that would make the perfect home office or nursery.
Finally is the contemporary family bathroom. Externally the property benefits from a rear garden, and off-road parking for two vehicles.
Further benefits include an air source heat pump, solar PV panels and an EV charging point. Please Note: The floorplan / layout on the first floor is subject to a small change, please call to discuss.
Key Information - - Purchasers must have a local connection in order to meet the necessary requirements to purchase this property, please visit to see if you meet the criteria.
- Purchasers must be approved by 'Homes 4 Wiltshire' Low Cost Housing Scheme in order to purchase this property. Wiltshire Council will assess eligibility through local connection.
- Once approved, you will then need to contact an approved broker, who will assess your financial eligibility (There is no obligation to use the approved broker once your financial eligibility has been proven).
Shared Ownership Details - Full Market Value: £335,000 Share %: 40% Share Value: £134,000 Expected Rent: £460.63pm Service Charge: £58 pm Lease term: 990 Years Please note: All prospective buyers will be required to complete a financial assessment before a sale can be agreed.
Situation - Nestled in the charming market town of Chippenham is Rowden Gate, the newly established development by renowned developer Crest Nicholson, offers homes surrounded by picturesque green spaces and tranquil landscapes.
Rowden Gate is well placed on the South Western side of Chippenham with access to the A4, A420 and the M4 motorway thus offering good motor commuting to the larger centres of Bath, Bristol, Swindon and London.
The development is close to a large Sainsburys supermarket, Aldi and M & S Foodhall, along with two of the town's highly reputable senior schools within easy reach.
A more comprehensive range of amenities are to be found in the nearby town centre including a mainline railway (London-Paddington), college and sports facilities.
Property Information - Tenure: Leasehold Council Tax: Band TBC Expected EPC Rating: B Services: Mains Electricity, Water & Drainage Air Source Heat Pump Solar Power
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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About Patterdown Road, Chippenham
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