Cash-only renovation opportunity close to market town amenities.
Chain-free first-floor apartment in central Devizes
A mature first-floor apartment situated in the heart of Devizes, offered chain-free with a new 125-year lease and peppercorn ground rent. The flat occupies an average-sized 625 sq ft footprint with two bedrooms, a sitting room, kitchen, bathroom and a useful brick outbuilding — a straightforward refurbishment project with clear value-add potential for a cash buyer or investor.
The building dates from the mid-20th century and is non‑traditional system-built construction with external insulation; because of this it will be sold to cash buyers only. The property already has double glazing (installed pre-2002) and is reported to have mains gas central heating with a boiler and radiators, though some paperwork references electric heating — buyers should verify the heating specification during survey and purchase checks.
Practical costs are transparent: a service charge of approximately £1,272pa plus a £500pa sinking fund is payable, council tax is very low (Band A) and the lease is long at 125 years. The flat’s location is a key strength — central Devizes, close to weekly markets, shops and transport links to Bath, Salisbury and the M4 — making it attractive for rental or resale once renovated.
Important issues: the flat needs renovation throughout, and the non-traditional construction can limit mortgage availability and insurance options. The local area records above-average crime and relative deprivation indicators; these factors should be considered alongside the purchase price and projected refurbishment costs.
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