2-bedroom flat · SN16 0FB
Sold STCListed 351 days
Opportunity summary
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About
RETIREMENT PROPERTY: This beautifully presented, two-bedroom apartment on the first floor is offered with a very high specification throughout.
The master bedroom benefits from a built-in mirrored wardrobe. The considerably large bathroom consists of a wash basin, WC, low-level bath and separate walk-in shower.
The large lounge has a bay fronted window overlooking the beautiful communal gardens, and the spacious kitchen comes with white goods included. Hallway with storage cupboard and guest WC.
This is a stunning, light and airy apartment presented to an excellent standard.
COUNCIL TAX BAND: B EPC RATING: B MONTHLY SERVICE CHARGE: £697.73 SERVICE CHARGE PERIOD: 1 April 2025 - 31 March 2026 12 MONTH GROUND RENT: None payable GROUND RENT DUE FOR REVIEW: N/A LENGTH OF LEASE: 125 Years from 01/06/2009 RESALE FEES: Less than 12 Months - 1% Reserve Fund Contribution 12-24 Months - 2% Reserve Fund Contribution 24 Months + - 3% Reserve Fund Contribution LOCATION OVERVIEW: Type: Independent Living.
Properties: Constructed by Stepnell Ltd. Completed 2009. Comprising of: 28 x two bedroomed apartments Services: Duty Manager on site 24/7. Emergency callouts between 10.30pm - 7.30am.
One and a half hours service time per week. Restaurant facility offering a two-course lunch every day. Handyperson. Laundry service.
Facilities: Lift access to all levels, Owners' lounge, dining room, guest suite, landscaped gardens and car parking. Secure door entry system. Emergency alarm call system.
Accessibility: All areas of Townsend Court are wheelchair accessible.
Situated close to the centre of Malmesbury with the primary care health centre and chemist adjacent, and Waitrose within walking distance.
Lifestyle: Townsend Court has a great social programme including weekly coffee mornings, monthly supper evening, film nights, armchair yoga, visiting library and charity fund raising events.
New Owners are accepted over 55 years of age. Pets are welcome (subject to terms of the lease). Tenure: Leasehold 125 years from 2009.
Manager's note: This is small, well-established retirement community with a good reputation locally.
We are well positioned for local facilities and promote friendly, caring support for an independent lifestyle. The community make new Owners very welcome.
Townsend Court Priory Way Burton Hill Malmesbury Wiltshire SN16 0FB
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.
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FAQ
About 15 Townsend Court, Priory Way, Burton Hill, Malmesbury, Wiltshire, SN16 0FB
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