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See how verdicts work1-bedroom house · SN10 2RP
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned one double bedroom starter home, ideally located close to Devizes Marina, the scenic Kennet & Avon Canal and convenient bus services.
Offered with no onward chain, this mature mid-terrace property presents an excellent opportunity for first-time buyers or buy-to-let investors with an estimated rental income of £850 to £875pcm.
The accommodation includes a good-sized sitting/dining room, a fitted kitchen, one generous double bedroom, and a bathroom.
The house is ready to move straight in to, while still offering scope to refurbish it to one's own tastes and requirements Externally, the property benefits from a private, fully enclosed rear garden, with a shed and a patio opening on to a lawn-perfect for relaxing or entertaining.
There is also the added advantage of two allocated parking spaces for the property, a rear gate and new fences.
This is a great opportunity to purchase a well-located and low-maintenance home in a desirable area.
Situation The property is located on the edge of Devizes close to the Marina, a stone's throw from the canal and Devizes Marina which includes a café and 'The Hourglass' public house as well as offering easy access to town and the local villages of Bishops Cannings, Coate and Stert.
The historic market town of Devizes has many amenities including town centre shopping, a leisure centre, schools for all ages, various supermarkets, a variety of shops, a theatre and thriving weekly market.
The historic Kennet & Avon Canal runs through the town providing fishing and walking facilities.
The major centres of Bath, Salisbury, Swindon, Marlborough, Trowbridge and Chippenham are all within a 30 mile radius. Property Information Services: Electric storage heaters.
We are advised mains water, drainage and electricity are all connected. The owner has had replacement windows and doors. Council tax band: B
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 10, Rider Close, Devizes
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