Summary - 147, Mayenne Place, DEVIZES SN10 1QS
2 bed 1 bath Apartment
Well-located renovation opportunity suited to investors or hands-on buyers.
New 125-year lease on completion, peppercorn ground rent
No onward chain — quick, uncomplicated purchase
Two double bedrooms with built-in storage
Large, flexible living space; 638 ft² total area
Needs full modernisation: kitchen, bathroom, decoration
Service charge £1,385.45 per year; leasehold tenure
Communal garden, external store and on-street parking
Slow broadband locally; excellent mobile signal
This first-floor, two-bedroom apartment in Mayenne Place offers clear investment potential and a blank canvas for renovation. With a new 125-year lease on completion and no onward chain, the property is straightforward to acquire and let. The layout includes a spacious living room, two double bedrooms with built-in storage, a kitchen and a bathroom — all economical and well-proportioned across 638 ft².
The flat requires updating throughout: the kitchen, bathroom and general decoration would benefit from a modern refit to maximise rental return or resale value. Heating is gas-fired via a boiler and radiators and double glazing is already installed, which helps running costs. Service charges apply (£1,385.45 pa) and the tenure is leasehold, although the new long lease and peppercorn ground rent reduce long-term lease concerns.
External benefits include access to a communal garden, external storage, and on-street parking nearby. The location on the edge of Devizes provides easy access to local amenities, schools rated Good and the Kennet & Avon Canal for leisure. Broadband speeds are slow locally, which may matter to some tenants. Overall, this property suits buy-to-let investors or first-time buyers prepared to refurbish for comfort and improved value.
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