4-bedroom detached house · SN13 0FA
Sold STCListed 526 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive executive style home is situated on the highly sought after Park Place development, with a south-facing rear garden, close to the heart of Corsham and its picturesque high street.
Built in late 2020 by Redcliffe Homes, the property has almost 7 years remaining of the builders 10 year warranty.
Offering close to 1300 sq ft of stylish light & airy accommodation, this highly energy-efficient home is finished to a wonderfully exacting standard throughout, along with a detached private garage with power & light and driveway.
The ground floor has a spacious entrance hall with a smartly appointed cloakroom/WC with auto-lighting, a spacious dual aspect living room, and a stunning 21ft kitchen/diner with French windows opening onto the private garden.
On the first floor, are four well proportioned double bedrooms - the master bedroom and second bedroom both have built-in wardrobes and the master has a well-appointed en-suite shower room.
There is also a fully tiled family bathroom with recessed spotlighting. Both bathrooms are fitted with stylish Roca sanitaryware, ceramic wall tiles and chrome towel radiators.
Externally the garden enjoys a glorious south facing aspect, and has been landscaped with an array of well planted trees to give a high level of privacy, along with two patio areas, a good sized lawn, along with an array of beautifully stocked flower borders.
A rear gate leads to the garage and driveway. The garage benefits from light, power, and a conventional pitched roof providing extra storage space.
Park Place is an individually designed scheme designed by Thrive architects, which seeks to reflect Corsham's edge of Cotswolds historic character - traditional in design, yet energy efficient, sitting within landscaped grounds, large areas of open space, avenues and greenery.
It is only a stone's throw from the quintessential historic market town of Corsham, with its picturesque high street & character period buildings, it provides a full range of everyday facilities, including a wide range of shops, pubs, restaurants, as well as a range of countryside pursuits right on your doorstep with the lakes nearby providing a number of local walks.
It is highly regarded for its primary and secondary schools and of course there are plenty of sporting, social and cultural activities to suit all needs and tastes.
Situated on the fringes of the scenic Cotswolds, Corsham is just 10 miles by car from Bath and 5 miles to the M4 motorway network at Chippenham, which also has its direct rail connection to Reading and London, which, with the arrival of Crossrail, will make the journey to London, whether for work or pleasure, quick and efficient.
Council Tax Band: E Tenure: Freehold (Estate Maintenance Charge approx. £300 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 Groundstone Way, Park Place, Corsham
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