2-bedroom flat · BA14 8FT
For saleReduced £65k (−24.5%) on 13 OctListed 198 days
Opportunity summary
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About
This exceptional first floor property is a superb size with a generous open plan living area. There are two double bedrooms with the master featuring an ensuite shower room and walk in wardrobe.
A short walk from the town centre, this McCarthy Stone development is truly spectacular. McCarthy Stone are market leaders in retirement homes and this property proudly demonstrates this.
A fantastic home for the over 60's, Applegate House is found on the fringe of the town centre, a stones throw from Sainsbury’s supermarket.
The building features a 24 hour video security system, handy man service and house manager 5 days a week.
The communal areas include an impressive homeowners lounge with kitchenette and WC, large manicured garden and mobility scooter parking.
Parking permits for the gated car park are available at £250 per year. A lift provides easy access to each floor and a guest suite is available to visitors for a modest charge.
This property is found on the first floor with direct access to its own balcony overlooking the communal grounds.
The spacious accommodation boasts a generous open plan lounge, diner and kitchen with integrated Bosch fridge-freezer, dishwasher, oven and hob.
The hallway provides access to a large utility cupboard with lots of storage as well as space for a washing machine.
Bedroom one is particularly impressive with its ensuite shower room and walk in wardrobe.
As well as underfloor heating, the property has the added benefit of an air purification system that also serves as a dehumidifier.
The property is leasehold with the remainder of a 999 year lease from 2018.
The annual ground rent is £495 and there is a service charge which is currently £330.41 per month to include buildings insurance, maintenance of the building, window cleaning, house manager, water rates and use of the laundry facilities.
We have been informed there is also a contingency fee payable on resale at 1% of the sale price. Trowbridge is the county town of Wiltshire found close to the western border with Somerset.
On the fringe of the town centre, you find Trowbridge Town Park, a large open space with a host of activities, tree lined paths and a riverside walk to Biss Meadows Country Park.
St Stephens Place provides several dining options along with a multi-screen cinema complex.
There are a wide variety of historic buildings around the town along with a selection of beautiful walks nearby, including the Kennet and Avon Canal and Southwick Country Park.
The town has superb transport links with Trowbridge station providing access to London as well as a short ride to the world heritage city of Bath.
The A350 passes the fringe of the town, leading to the M4 via Chippenham and the A303 and A36 to the south.
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
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FAQ
About 19, Applegate House, Wiltshire
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