1-bedroom house · BA14 7EF
For saleReduced £10k (−14.3%) on 1 SepListed 183 days
Opportunity summary
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About
A ground floor, retirement apartment which forms part of the popular Raleigh Court, conveniently situated in the centre of the town, within easy walking distance of amenities.
No onward chain The property offers accommodation comprisiong; communal entrance hall, private hall, sitting room with door opening onto a communal garden, kitchen with built in oven, hob and extractor, double bedroom with built in wardrobes and a wet room/shower room.
Raleigh Court is an established and popular retirement development which overlooks the town park.
The property benefits from a residents day lounge, a communal lift and a short stay guest suite, which is available to friends/family of residents for a modest charge.
All of the apartments have a pull cord alarm in each room, connecting to either the on site resident manager or, during out of hours emergencies, to the management company's call centre, providing extra peace of mind for the residents.
The monthly management fee covers the on site resident manager, buildings insurance and maintenance of all internal and external areas including lighting, heating, garden maintenance and window cleaning of all external windows.
Situation The property forms part of a popular retirement development (Raleigh Court), which situated in the heart of Trowbridge town centre.
Trowbridge is the county town of Wiltshire offering a good range of retail, commercial and leisure facilities as well as a railway station which provides regular services to Salisbury and Southampton to the south and Bristol and Bath to the northwest.
The main A350 and A36 are within a short distance of Trowbridge whilst Junction 17 of the M4 Motorway can be reached in approximately 30 minutes travelling time.
Nearby towns and centres include Bradford on Avon (3 miles), Melksham (7 miles), Devizes (10 miles), Bath (10 miles) and Swindon (20 miles).
Property Information EPC Rating; C Council Tax Band: B Services; Mains electricity, water and drainage Electric heating and UPVC double glazing Tenure; Leasehold.
The property benefits from the remainder of a 99 year lease which commenced in 1987. The management fees are approximately £2,983.92 per annum and the ground rent is £70 per annum.
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 3 Raleigh Court, Polebarn Road, Trowbridge
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