Summary -
11a Market Place,WARMINSTER,BA12 9AY
BA12 9AY
2 bed 1 bath Flat
High-yield investment with refurbishment potential in a busy Market Place.
Current rent £800 pcm providing immediate income
Guide price £45,000 — strong gross income potential
Lease: 999 years from 2008 (986 years remaining shown)
Requires renovation and documented roof repairs (see legal pack)
Service charge approx £500 pa; ground rent approx £250 pa
Town-centre location with communal courtyard gardens
Very high local crime rate — security considerations advised
Sold at online auction 18th December 2025
A two-bedroom leasehold flat in the heart of Warminster, offered at auction with immediate rental income. The apartment occupies part of a Georgian mixed-use building and currently produces £800 pcm, providing a strong gross return against the guide price. The long lease (999 years from 2008) and low annual charges make ownership straightforward for portfolio buyers.
The property requires renovation and is noted to need roof repairs (see legal pack). Internal updating is needed throughout, so buyers should allow for refurbishment costs. Service charge and ground rent are modest at approximately £500 and £250 per year respectively.
This lot will be sold at online auction on Thursday 18th December 2025. The flat benefits from communal courtyard gardens, town-centre convenience, excellent broadband and good transport links, but the area records very high crime levels — factor in security and management costs when budgeting. Investors seeking a high-yield, short-refurbishment opportunity in a period building will find clear upside once remedial works are completed.
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