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See how verdicts work2-bedroom flat · SN10 1DJ
Listing removedListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mature ground floor flat in need of renovation right in the heart of Devizes. No onward chain and non-traditional construction so cash buyers only.
The accommodation briefly comprises; communal and personal entrance hall, sitting room, kitchen, two bedrooms, a bathroom and a useful brick outbuilding.
Enhanced by double glazing and enhanced by double glazing throughout. Devizes is a splendid historic market town that still hosts a weekly traditional outdoor market.
There is an excellent range of shopping facilities, and the town provides easy access to the larger cities of Georgian Bath and the cathedral city of Salisbury.
There are mainline railway stations at nearby Pewsey and Chippenham (London, Paddington) approx. one hour twenty minutes with junction 17 of the M4 motorway also close at hand.
Tenure – Leasehold – New 125 year lease on completion - Service charge £541.71 per annum – Sinking Fund £1023.63 per annum – Buildings Insurance - £80 per annum.
Services – Gas heating, mains water and drainage Council Tax - A EPC rating - C AGENTS NOTE - This property is non-traditional construction so will be available to cash purchasers only.
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.
Area
Agent & docs
FAQ
About Sheep Street, Devizes, SN10 1DJ
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