2-bedroom flat · SN13 0LY
Listing removedListed 154 days
Opportunity summary
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About
NO ONWARD CHAIN – Located to the west of Corsham c. 8 miles from Bath City Centre, this two-bedroom, ground floor apartment would make an ideal first time buy, downsize or buy to let investment.
With internal accommodation measuring more than 640sq.ft, the apartment provides generous space with an estimated rental income of £900 pcm (c. 8.5% per annum yield).
As you enter the property you are greeted by a useful entrance hall which has plenty of space to store the coats and shoes, as well as a large boiler cupboard with additional storage space.
From the hallway is the kitchen which is positioned at the rear of the property and comprises of fully fitted wall and base units, gas hob and electric oven, and space for freestanding appliances.
The sitting room overlooks the front aspect and measures 14’ 6” x 12’ 3”. With a large window the sitting room remains light and airy with ample space for furniture.
From the sitting room and inner hallways leads to two double bedrooms and the family bathroom.
Each bedroom has space for a double bed and freestanding wardrobes whilst the family bathroom completes the internal accommodation and comprises of a white suite with bath and overhead shower.
Situated a gentle level stroll away from a popular coffee house and nursery, this property is located within close proximity of excellent public transport links, making commuting into Corsham or out to Bath nice and simple.
Whether you're heading to work or exploring the surrounding area, convenience is at your doorstep.
There is a range of scenic country walks and activities for all ages on the doorstep, as well as a play area for children nearby.
This property is located approximately two miles from the bustling High Street of Corsham, on the conveniently accessible "Bath side" of the town.
Corsham in general is a pretty and historic place in which to live, with architectural significance to note, and is located on the southern fringes of the Cotswolds - an area of outstanding natural beauty.
Corsham resides some eight miles Northeast of the fine Georgian City of Bath and benefits from a number of quintessential English Villages on the door step to explore.
The town, noted for its fine High Street, has a wealth of beautiful and historic buildings dating from the Sixteenth Century, such as the Alms House and the historic Corsham Court with its landscaped open parkland.
The town caters for most day to day needs with a range of national and bespoke shops, coffee houses, butchers, boutiques, florists, restaurants and a variety of public houses to enjoy.
There are very good Primary and Secondary schools and the new Corsham Leisure Centre.
Communications are excellent: Bath, Bristol and Swindon are all within easy motoring distance; there are fast road links to London and the West Country via the M4 motorway (J17 and J18); and main line rail services are available from either Bath or Chippenham (with the Chippenham station residing within an easy reach of this property).
This house is also well-served by local public buses, the stops for which can be found relatively nearby when required.
Additional Information Tenure: Tenure: Leasehold (79 years remaining) Service Charge: Approx £62.00 pcm.
Council Tax Band: A Current EPC Rating: C (7) // Potential: C (7) Services: Mains gas radiator central heating (with modern 'combi' boiler). Mains water supply. Mains drainage.
Mains electricity supply. Double glazing.
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
Agent & docs
FAQ
About Bankwaters Road, Corsham, SN13 0LY
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