1-bedroom flat · SN10 3FL
Sold STCListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain. A beautifully finished ground floor apartment only a few minutes’ walk from the canal.
This property is offered on a 50% shared ownership basis, with rent payable on the remaining share — providing an ideal opportunity for first-time buyers to get on the property ladder.
The accommodation is both light and spacious throughout and briefly comprises; communal and personal entrance hall, double bedroom with newly installed fitted wardrobes, a spacious shower room and an open plan kitchen/sitting room.
To the side of the apartment is a driveway with parking for one car and there is plenty of on-street parking available nearby.
Devizes is a splendid historic market town that still hosts a weekly traditional outdoor market.
There is an excellent range of shopping facilities, and the town provides easy access to the larger cities of Georgian Bath and the cathedral city of Salisbury.
There are mainline railway stations at nearby Pewsey and Chippenham (London, Paddington) approx. one hour twenty minutes, with junction 17 of the M4 motorway close at hand.
Tenure: Leasehold – Aster Group – 84 years remaining Management and service charge: £162.16 pcm and Ground Rent: £145.53 pa All mains’ services connected Council tax band: A EPC rating: C
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 Spitalcroft Road, Devizes, Wiltshire, SN10 3FL
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