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36 Newnton Grove, Malmesbury, Wiltshire, SN16 0DS
Two-Bedroom First-Floor Leasehold Flat
36 Newnton Grove, Malmesbury, Wiltshire, SN16 0DS
Sold
£75,000+
• 2 Bedrooms
• 2 Bedroom first floor flat
• Leasehold
• On street parking is available nearby on a 'first come first served' basis.
Description
2 Bedroom first floor flat in need of minor modernisation situated in the popular town of Malmesbury with it's numerous amenities. Ideal investment or first time buy.
Accommodation
Ground floor: entrance hall with staircase. First floor: landing, living room, kitchen, 2 bedrooms and a bathroom.
Location
Situated in the popular town of Malmesbury with its numerous amenities.
Tenure / Property Information
Tenure |
Leasehold |
Lease |
A new 999 lease will be created; further details will be available prior to the auction in the legal pack. |
Parking |
On street parking is available nearby on a 'first come first served' basis. |
Heating |
Gas heating |
Investment Analysis
The only recent comparable supplied is 39 Newnton Grove, a leasehold flat/maisonette, which sold for £85,000 on 5 December 2025. Older same-street comparables sold for £84,000 to £113,000 between 2002 and 2005, but are weak indicators due to age and unavailable detail. A cautious base GDV estimate of £85,000 is supported by the recent comparable, subject to confirming similarity, lease terms and condition.
Investment Snapshot
Guide Price |
£75,000 |
HB Estimated GDV |
£85,000 |
Strategy Recommendation
Proceed only after reviewing the legal pack, confirming the new 999-year lease terms and obtaining a property inspection and refurbishment quotation. Do not rely on BTL or flip returns until rent and full costs are evidenced.
Works Required
The flat is described as requiring minor modernisation. No specific defects or scope are evidenced, so the works and cost allowance require inspection and review of the legal pack.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
39, Newnton Grove, Malmesbury, Wiltshire, Sn16 0ds |
£85,000 |
|
42, Newnton Grove, Malmesbury, North Wiltshire, Sn16 0ds |
£113,000 |
|
42, Newnton Grove, Malmesbury, Malmesbury, North Wiltshire, Sn16 0ds |
£102,500 |
|
42, Newnton Grove, Malmesbury, Malmesbury, North Wiltshire, Sn16 0ds |
£84,000 |
Potential BRRR Position
Base GDV |
£85,000 |
A refinance assessment cannot be completed reliably. The indicative base GDV is £85,000, but refurbishment costs, purchase costs, rent and full lease details are unavailable.
Buy-to-Let Analysis
BTL suitability cannot be quantified because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Lease terms, service charges and other ownership costs are also unavailable.
Flip Analysis
A resale assessment is limited to the £85,000 recent same-street comparable. Without a supported works budget, acquisition costs, selling allowance and confirmed legal terms, no reliable flip surplus or maximum bid can be calculated.
Investor Risks & Due Diligence
• The new 999-year lease terms and associated obligations are not yet available.
• The stated minor modernisation has no evidenced scope or cost.
• No specific rental evidence is available, preventing yield analysis.
• On-street parking is nearby but first come first served.
• The recent comparable may not match the subject flat's condition, size or specification.
Recommendation
Proceed only after reviewing the legal pack, confirming the new 999-year lease terms and obtaining a property inspection and refurbishment quotation. Do not rely on BTL or flip returns until rent and full costs are evidenced.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low-Medium |
A recent same-street sold comparable and the stated guide price are available, but rental evidence, condition detail, lease provisions, buyer costs and refurbishment costs are not supplied.
Auction Details :
Strakers
Auction Date :
15/10/26
Lot Number :
005
Property Location:
36 Newnton Grove, Malmesbury, Wiltshire, SN16 0DS
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