# 2 bedroom apartment for sale (SN10 5EA) ## Property Details | Key | Value | |-----|-------| | Address | 1A, CEDAR HOUSE FLATS, DOWNLANDS ROAD, DEVIZES, WILTSHIRE SN10 5EA | | Price | £160,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 1967-1975 | | Floor area | 63 m² | | Last sold | £155,000 Oct 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 15/12/2034 - **Current heating cost:** £1,542/year - **Est. upgrade cost to C:** £3,105 ### Recommendations - B4 (£300 - £600) - L2 (£1,600 - £2,400) - Y (£585 - £725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8626-5184-7002-0192-0092) ## Description **Virtual tour available** A modern, bright and spacious, first floor apartment with garage nestled in a peaceful location close to Drews Pond nature reserve. SUMMARY Enjoy the tranquillity of this leafy setting at this modern two double bedroom first floor apartment only a short walk to the bustling Market Place, with a convenient bus stop just moments away. This well-presented apartment offers a harmonious blend of modern convenience and peaceful living. With its prime location and attractive features, Cedar House Flats presents an ideal opportunity for those seeking a comfortable and convenient lifestyle in Devizes. Step inside and experience the spaciousness of the accommodation with its modern comforts. The welcoming hallway, complete with storage cupboards, leads you to all principal rooms. The generously proportioned sitting room is a highlight, featuring a large bay window that bathes the space in natural light. The stylishly renovated kitchen is thoughtfully designed with sleek cabinetry, integrated appliances, and elegant hard flooring. Both double bedrooms offer ample space and are fitted with convenient built-in wardrobes. Indulge in the luxury of the newly fitted bathroom, boasting a contemporary double base shower, a stylish vanity unit with LED backlit mirror and a heated towel rail. OUTSIDE A garage provides secure off-street parking and there are communal gardens for the enjoyment of residents. TENURE Leasehold Length of lease remaining: 148 years Service charge: £1900 per annum Ground rent: £40 per annum Council Tax Band B EPC Rating D ## Property Photos - ![Picture No. 30](/listings/photos/156567041/549336) - Picture No. 30 - ![Picture No. 04](/listings/photos/156567041/549337) - Picture No. 04 - ![Picture No. 23](/listings/photos/156567041/549338) - Picture No. 23 - ![Picture No. 28](/listings/photos/156567041/549339) - Picture No. 28 - ![Picture No. 03](/listings/photos/156567041/549340) - Picture No. 03 - ![Picture No. 24](/listings/photos/156567041/549341) - Picture No. 24 - ![Picture No. 14](/listings/photos/156567041/549342) - Picture No. 14 - ![Picture No. 18](/listings/photos/156567041/549343) - Picture No. 18 - ![Picture No. 15](/listings/photos/156567041/549344) - Picture No. 15 - ![Picture No. 17](/listings/photos/156567041/549345) - Picture No. 17 - ![Picture No. 20](/listings/photos/156567041/549346) - Picture No. 20 - ![Picture No. 29](/listings/photos/156567041/549347) - Picture No. 29 - ![Picture No. 27](/listings/photos/156567041/549348) - Picture No. 27 - ![Picture No. 10](/listings/photos/156567041/549349) - Picture No. 10 ## Floorplans - ![Picture No. 02](/listings/photos/156567041/549350) - Picture No. 02 ## EPC Graphs - ![EPC Rating Graph](/listings/photos/156567041/549351) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | CEDAR HOUSE FLATS 1A DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £155,000 | 17/10/2025 | Flat | | CEDAR HOUSE FLATS 1A DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £105,000 | 19/03/2010 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] WILLOW HOUSE FLATS 4B DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £160,000 | 21/11/2024 | Flat | | [Same street] BEECH HOUSE FLATS 2 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £160,000 | 21/12/2023 | Flat | | [Same street] 14 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £125,000 | 18/08/2023 | Flat | | [Same street] 13 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £150,000 | 21/07/2023 | Flat | | [Same street] 26 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £152,000 | 11/11/2022 | Flat | | [Same street] 25 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £165,000 | 26/10/2022 | Flat | | [Same street] 9 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £150,000 | 19/08/2022 | Flat | | [Same street] 16 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £156,000 | 08/07/2022 | Flat | | [Same street] 5 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £123,250 | 25/02/2022 | Flat | | 46 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EB | £147,500 | 19/11/2021 | Flat | | [Same street] CEDAR HOUSE FLATS 3 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £125,000 | 10/11/2021 | Flat | | [Same street] 11 DOWNLANDS ROAD, DEVIZES, WILTSHIRE, SN10 5EA | £149,250 | 04/08/2021 | Flat | **Street average:** £146,864 (11 sales) **Area average:** £147,500 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £160,446 (23 Flat, SN10, 2024–2026) - **Deviation:** -0.3% ## Rental Range *ONS Price Index of Private Rents (Wiltshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £953/mo - **Realistic:** £1,059/mo - **Optimistic:** £1,165/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Wiltshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £723/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, The Old Glove Factory, SN10 | £850/mo | 2 | 0.55 miles | OpenRent | | 2 Bed Flat, High St, SN10 | £1,200/mo | 2 | 0.68 miles | OpenRent | | 2 Bed End Terrace, Tobacco Buildings, SN10 | £811/mo | 2 | 0.81 miles | OpenRent | | 2 Bed Flat, Northgate Street, SN10 | £875/mo | 2 | 0.82 miles | OpenRent | | 2 Bed End Terrace, Reed Close, SN10 | £1,300/mo | 2 | 0.88 miles | OpenRent | | 2 Bed Terraced House, Melbourne Place, SN10 | £900/mo | 2 | 0.98 miles | OpenRent | **Average rent: £989/mo (6 listings)** ## 1% Rule - **Rent ratio:** 0.56% (weak for cashflow) - **Max investor price (0.8%):** £111,000 - **Target investor price (1%):** £88,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £888/mo).* - **Gross yield:** 6.7% - **Cost-to-rent:** 15× - **Monthly cashflow:** £144/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,540/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -1.2% - **10y growth:** -2.6% ## House Price Index (HM Land Registry) *Official index for Wiltshire; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -4.6% - **5y growth (index):** 2.2% - **10y growth (index):** 15.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)