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See how verdicts work3-bedroom house · SN1 2BG
Sold STCListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Elmina Road this three-bedroom period home offers an exciting opportunity for buyers seeking a property they can truly make their own.
In need of comprehensive refurbishment, the home combines generous proportions with excellent scope to improve and add value.
Upon entering, the property opens into an entrance hall leading through to an impressive bay-fronted reception room measuring approximately 25ft in length, offering flexible living or lounge/dining space.
Beyond this is a separate dining room, which in turn leads through to a kitchen positioned to the rear, providing scope for reconfiguration or extension (subject to consent).
The ground floor is further complemented by a separate WC and shower room, offering practicality and potential for redesign.
To the first floor, the property offers three bedrooms, including a particularly spacious principal bedroom measuring approximately 15ft, alongside two further well-proportioned rooms-ideal for family living, guest accommodation, or home office use.
Externally, the property benefits from a detached garage (approx. 20’6 x 13’), presenting additional storage or workshop potential.
The overall plot and layout provide scope for enhancement, subject to the relevant permissions.
Elmina Road is well positioned for access to Old Town’s amenities, schooling, and transport links, making it a highly convenient and sought-after location.
This property represents a rare renovation opportunity in a desirable area and is ideal for investors, developers, or buyers looking to create a long-term home.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About 38, Elmina Road, Swindon
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