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South West
£55,000Guide Price
Listed on 04/09/2026
Listed on 04/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This ground floor flat in Chippenham presents a modest investment opportunity priced at £55,000, significantly below the local average sale price of £462,838. While the property requires considerable modernisation, it offers the potential for a good rental yield of approximately £9,600 per annum once refurbished.
The overall condition shows signs of wear, with dated interiors throughout, including a kitchen and bathroom that are in need of updating. However, the flat's good location near amenities and transport links enhances its appeal for investors or first-time buyers looking to create value through renovation. While the project's scale is light and manageable, prospective buyers should be aware of the significant refurbishment required to unlock the property’s full potential.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Indicative tax based on the asking price and the options you select.
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