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See how verdicts work2-bedroom flat · SN15 3YY
For saleReduced £5k (−2.6%) on 20 JunListed 492 days
Opportunity summary
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About
A two bedroom ground floor apartment with the benefit of its own private entrance door within this sought after development of retirement apartments ideally located in the centre of Chippenham.
Situation The development is conveniently situated opposite the bus station, close to the library and the bustling town centre offering a wide range of amenities.
A short walk away is the River Avon and Monkton Park with riverside walks, cycleways and a nine hole golf course.
Pedestrian access leads on through to the mainline railway station linking within 15 minutes to the Georgian City of Bath as well as London Paddington in just over an hour.
M4 J.17 is c.5 miles north of Chippenham. Communal Entrance Corridor and entrance door to: Entrance Hall Night storage heater. Two storage cupboards. Cupboard housing hot water tank. Coving.
Dado rail. Telephone entry system. Doors to: Sitting/Dining Room Double glazed door and side panel to front. Double glazed window to side. Night storage heater. Feature electric fireplace. Coving.
Television and telephone points. Multi glazed door to: Kitchen Double glazed window to front.
Newly fitted grey gloss cabinets with a range of drawer and cupboard base units and matching wall mounted cupboards.
Rolled edge work surfaces with splash backs and inset single bowl single drainer stainless steel sink unit. Built-in electric hob with extractor over. Built-in eye level oven.
Integrated fridge/freezer Bedroom One Double glazed window to front. Night storage heater. Built-in double wardrobe. Coving. Bedroom Two Double glazed window to front. Electric panel heater. Coving.
Bathroom Newly fitted shower . Vanity wash basin with cupboard under. Close coupled WC. Tiling to principal areas. Light and shaver point. Wall mounted electric fan heater. Extractor. Coving.
Other Facilities Guest Suite A Guest Suite is provided for visiting relatives or friends and a charge is made for its use. Reservations are arranged via your Lodge Manager.
Priority may be given to a visitor helping a sick Owner. Laundry Room Communal laundry facilities, which are available to all Owners.
The costs of running the laundry, including servicing and repairs, are paid for through the service charge.
House Manager A house manager is employed on site during normal working hours to assure the safety of residents and the smooth running of the development.
When not on duty, calls and support systems are automatically directed to the 24/7 care line service funded through the service charge.
Owners Lounge Newly decorated, offering a large open plan area on the ground floor, ideal for social get togethers.
Parking There is no charge for parking but spaces are limited and reserved on a first come first served basis. Visitors are asked to park off site.
Directions From our Office in the Market Place proceed pass the bus station and Castle Lodge will be found on the right.
Turn right at the junction into Gladstone Road and after 50 yards turn right at the end of the building. This leads to the parking and entrance to the apartments.
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.
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About 6, Castle Lodge, Chippenham
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