1-bedroom flat · SN10 2GG
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly delightful one double bedroom period apartment set within this landmark Victorian building.
Converted by well respected local developers Gaigers in 2013, this stylish home benefits from underfloor heating (via an Air Source Heat Pump), a telephone entry system and reclaimed oak veneer flooring.
Internally a communal entrance hall has stairs rising to all floors, with this apartment being located on the 1st floor.
The contemporary layout includes a bespoke kitchen by 'Devizes Fine Kitchens' with a range of quality 'Bosch' appliances and solid granite worktops.
The incredibly light and airy open plan living/dining area has exposed steel beams and brick walling.
The double bedroom benefits from an en suite shower room with tiled flooring, quality sanitary ware and a corner shower.
Outside, the property has one allocated parking spaces and a communal bin store.
Set behind The Keep is a lovely big park and access on to the Kennet and Avon canal tow path, for wonderful waterside walks back in to town.
This apartment would be ideal for a first time buyer as well as anyone downsizing. Alternatively, this would make a great 'buy to let' opportunity with an estimated rental income of £900pcm.
An early viewing is strong recommended to avoid disappointment. Situation This fabulous home is set with a landmark Grade II listed building on the edge of town.
Historic Devizes is bisected by the Kennet & Avon canal, part of a waterway joining London to Bristol and famed for its flight of twenty-nine locks, an engineering and aesthetic marvel walking distance from the town, and a paradise for canoeists, barges and anglers.
Featuring a wealth of listed buildings and a weekly market, the bustling town enjoys a beautiful setting amidst Wiltshire's chalk downlands.
Cultural facilities include a museum, active theatre, cinema and vibrant live-music scene. The major centres of Bath, Salisbury, Swindon, Marlborough and Chippenham are all within a 30 mile radius.
Junction 17 of the M4 motorway lies about 17 miles to the north with the M3 motorway via the A303 to the south.
Mainline railway services to London Paddington are available in Pewsey, Chippenham and Westbury, and also from Andover to Waterloo.
Property Information Tenure: Share of the Freehold (all 13 properties becomes members of the management company). Peppercorn ground rent. 999 year lease from 2013.
Service charge: £1,188.00 p.a (this covers communal gardening, building insurance, lighting, the upkeep of all communal areas and a sinking fund). Services: Mains water, electricity & drainage.
Air Source Heat Pump with underfloor heating. Council Tax: Band B Communal Bin Store.
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 10 The Keep, London Road, Devizes
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