Affordable period flat ideal for first-time buyers or investors seeking rental potential.
Second-floor one-bedroom apartment, approx. 403 sq ft
Allocated off-street parking space to the rear
Leasehold with c.93 years remaining — check mortgageability
Electric storage heaters; likely higher running costs
Stone walls assumed uninsulated — thermal upgrade potential
Double glazing fitted before 2002 (may need replacement)
Very low council tax; no flood risk
Small size suited to single, couple or buy-to-let investors
Set on the second floor of a period building in Stratton St Margaret, this compact one-bedroom apartment offers an affordable entry into Swindon’s SN3 area. At about 403 sq ft the open-plan kitchen/living room makes efficient use of space and provides a bright, adaptable living area for a first-time buyer or investor letting target. The property includes one allocated off-street parking space and benefits from fast broadband and good local transport links.
The home retains period character from its early 20th-century construction and has double glazing already installed (pre-2002). Heating is via electric storage heaters and the stone walls are assumed uninsulated, so running costs may be higher than modern insulated properties. The lease has approximately 93 years remaining and the tenure is leasehold — suitable but worth checking for future mortgage and lease-extension considerations.
Practical positives include a very low council tax band, no flood risk, nearby good primary and secondary schools, and a range of local amenities and bus services. The small overall size and single bathroom mean the flat suits a single occupant, couple, or buy-to-let portfolio rather than a family seeking larger accommodation.
There is scope to update finishes and improve thermal efficiency (insulation and heating upgrades would add value). Viewings are recommended for anyone seeking a low-entry purchase in an affluent, well-connected neighbourhood with clear rental potential.
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