Sold STC Duplex

11

CHAIN TESTING HOUSE, EVENING STAR LANE, SWINDON, SWINDON SN2 2FA

1 beds 1 baths 667 sq ft Listed 27 Jun 2025 (-351d)

£80,000

Guide Price

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# 1 bedroom duplex for sale (SN2 2FA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 11, CHAIN TESTING HOUSE, EVENING STAR LANE, SWINDON, SWINDON SN2 2FA |
| Price | £80,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Floor area | 62 m² |
| Last sold | £98,000 Sep 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** D
- **Expiry date:** 31/07/2026
- **Current heating cost:** £403/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0146-3869-7088-9306-3695)

## Description

Offered on a long lease with approximately 984 years remaining, the apartment represents a low-maintenance, high-yielding investment. The property was previously let at £900 per calendar month (£10,800 per annum), generating a gross rental yield of approximately 13.5% based on the guide price.

## Property Photos

- ![1](/listings/photos/163864484/336458) - 1
- ![2](/listings/photos/163864484/336459) - 2
- ![3](/listings/photos/163864484/336460) - 3
- ![4](/listings/photos/163864484/336461) - 4
- ![5](/listings/photos/163864484/336462) - 5
- ![6](/listings/photos/163864484/336463) - 6
- ![7](/listings/photos/163864484/336464) - 7
- ![8](/listings/photos/163864484/336465) - 8
- ![9](/listings/photos/163864484/336466) - 9
- ![10](/listings/photos/163864484/336467) - 10

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/163864484/336469) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHAIN TESTING HOUSE 11 EVENING STAR LANE, SWINDON, SN2 2FA | £98,000 | 12/09/2025 | Flat |
| CHAIN TESTING HOUSE 11 EVENING STAR LANE, SWINDON, SN2 2FA | £159,950 | 28/10/2016 | 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] CHAIN TESTING HOUSE 63 EVENING STAR LANE, SWINDON, SN2 2FA | £145,500 | 08/11/2023 | Flat |
| [Same street] CHAIN TESTING HOUSE 14 EVENING STAR LANE, SWINDON, SN2 2FA | £145,000 | 16/06/2023 | Flat |
| [Same street] CHAIN TESTING HOUSE 48 EVENING STAR LANE, SWINDON, SN2 2FA | £144,000 | 28/03/2022 | Flat |
| [Same street] CHAIN TESTING HOUSE 51 EVENING STAR LANE, SWINDON, SN2 2FA | £130,000 | 10/02/2022 | Flat |
| [Same street] CHAIN TESTING HOUSE 41 EVENING STAR LANE, SWINDON, SN2 2FA | £152,500 | 20/08/2021 | Flat |
| [Same street] CHAIN TESTING HOUSE 49 EVENING STAR LANE, SWINDON, SN2 2FA | £139,000 | 18/06/2021 | Flat |

**Street average:** £142,667 (6 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £1,405,112 (9 Other, SN2, 2024–2026)
- **Deviation:** -94.3%

## Rental Range

*ONS Price Index of Private Rents (Swindon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £977/mo
- **Realistic:** £1,085/mo
- **Optimistic:** £1,194/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Swindon (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/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 |
|------|------|------|------|------|
| 1 Bed Flat, Hawkins St, SN2 | £775/mo | 1 | 0.23 miles | OpenRent |
| 1 Bed Flat, North Star Avenue, SN2 | £970/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, North Star Avenue, SN2 | £1,025/mo | 1 | 0.25 miles | OpenRent |
| Studio Flat, Farnsby St, SN1 | £775/mo | 1 | 0.35 miles | OpenRent |
| Studio Flat, Guild House, SN1 | £750/mo | 1 | 0.36 miles | OpenRent |
| 1 Bed Flat, Wiltshire Court, SN1 | £800/mo | 1 | 0.43 miles | OpenRent |
| 1 Bed Flat, Brunswick House, SN1 | £825/mo | 1 | 0.57 miles | OpenRent |
| 1 Bed Semi-Detached House, Mulbery Grove, SN2 | £560/mo | 1 | 1.09 miles | OpenRent |

**Average rent: £810/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 0.99% (okay)
- **Max investor price (0.8%):** £98,500
- **Target investor price (1%):** £78,800

*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 £788/mo).*

- **Gross yield:** 11.8%
- **Cost-to-rent:** 8.5×
- **Monthly cashflow:** £369/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 19.1%

*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:** £1,290/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 607.8%

## House Price Index (HM Land Registry)

*Official index for Swindon; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 16.2%
- **10y growth (index):** 35.9%

## 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)

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD

Floor area

62 m²

Council tax band

EPC rating

Last sold

£98,000 Sep 2025

Price per m²

£1,290/m²

Local average

£1,405,112 (-94.3%)

Deprivation

Decile 6 (16,978 of 33,755)

Street crime

636 incidents within 1 mile (Apr 2026)

Key features

FOR SALE BY ONLINE AUCTION
6 WEEKS’ COMPLETION
One bedroom duplex apartment
Grade II listed - 1355879
984 year lease
Vacant leasehold

Description

Within in a grade II listed building is this one-bedroom duplex apartment. Presented in excellent decorative order throughout, the property offers stylish and contemporary living accommodation arranged over two floors, ideally suited to both owner-occupiers and buy-to-let investors.

Offered on a long lease with approximately 984 years remaining, the apartment represents a low-maintenance, high-yielding investment. The property was previously let at £900 per calendar month (£10,800 per annum), generating a gross rental yield of approximately 13.5% based on the guide price.

Listed by

Nationwide

Leaders and Romans Group

Reference: 163864484

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: D

Inspection date: 01/08/2016

Expiry date: 31/07/2026

Current heating cost: £403/year

Potential heating cost: £403/year

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC Rating Graph

Price history

-39% since 2016

Event	Date	Price	% change
Sold	12/09/2025 (9 months ago)	£98,000	-38.7%
Sold	28/10/2016 (9 years ago)	£159,950	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street CHAIN TESTING HOUSE 63 EVENING STAR LANE, SWINDON, SN2 2FA	£145,500	08/11/2023	Flat
Same street CHAIN TESTING HOUSE 14 EVENING STAR LANE, SWINDON, SN2 2FA	£145,000	16/06/2023	Flat
Same street CHAIN TESTING HOUSE 48 EVENING STAR LANE, SWINDON, SN2 2FA	£144,000	28/03/2022	Flat
Same street CHAIN TESTING HOUSE 51 EVENING STAR LANE, SWINDON, SN2 2FA	£130,000	10/02/2022	Flat
Same street CHAIN TESTING HOUSE 41 EVENING STAR LANE, SWINDON, SN2 2FA	£152,500	20/08/2021	Flat
Same street CHAIN TESTING HOUSE 49 EVENING STAR LANE, SWINDON, SN2 2FA	£139,000	18/06/2021	Flat

Street average: £142,667 (6 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 607.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Swindon. Series: All dwelling types. As of March 2026.

1y (index) 0.8%

5y (index) 16.2%

10y (index) 35.9%

Rental Range

Estimated market rent for Swindon. Low = conservative, Realistic = average, Optimistic = best case.

Low £977/mo

Realistic £1,085/mo

Optimistic £1,194/mo

Based on Local Authority from postcode lookup → Swindon.

LHA (30th percentile) floor for Swindon: £673/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SN2 2FA

Address

Fire Fly Avenue

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Steam Museum	0.1 miles
Shop	John Lewis Home Outlet	0.1 miles
Shop	Blue Palm Coffee	0.1 miles
Bus stop	Unknown	0.1 miles
University	Royal Agricultural University (Cultural Heritage Institute)	0.2 miles
Train station	Swindon	0.4 miles
Hospital	Marlborough House	1.0 miles
University	Oxford Brookes University - Swindon Campus	1.0 miles
Train station	Taw Valley Halt	2.4 miles
Hospital	The Ridgeway Hospital	2.7 miles

Street-level crime

Category	Count
Violence and sexual offences	187
Anti-social behaviour	114
Shoplifting	80
Public order	54
Criminal damage and arson	52
Vehicle crime	50
Other theft	31
Drugs	15
Robbery	14
Bicycle theft	12
Burglary	9
Other crime	8
Possession of weapons	7
Theft from the person	3
Total incidents	636

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
UTC Swindon	Secondary	0.2 miles	Requires improvement — 25 Jun 2024
Robert Le Kyng Primary School	Primary	0.5 miles	Good — 12 Oct 2011
Even Swindon Primary School	Primary	0.5 miles	Good — 9 Jan 2015
EOTAS Swindon	Other	0.5 miles	— (Inspected (no overall grade))
Ferndale Primary School & Nursery	Primary	0.6 miles	Good — 28 Feb 2014

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
1 Bed Flat, Hawkins St, SN2	£775/mo	1	0.23 miles	OpenRent
1 Bed Flat, North Star Avenue, SN2	£970/mo	1	0.25 miles	OpenRent
1 Bed Flat, North Star Avenue, SN2	£1,025/mo	1	0.25 miles	OpenRent
Studio Flat, Farnsby St, SN1	£775/mo	1	0.35 miles	OpenRent
Studio Flat, Guild House, SN1	£750/mo	1	0.36 miles	OpenRent
1 Bed Flat, Wiltshire Court, SN1	£800/mo	1	0.43 miles	OpenRent
1 Bed Flat, Brunswick House, SN1	£825/mo	1	0.57 miles	OpenRent
1 Bed Semi-Detached House, Mulbery Grove, SN2	£560/mo	1	1.09 miles	OpenRent

Average rent: £810/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.99%

Max investor price (0.8%) £98,500

Target investor price (1%) £78,800

Gross yield 11.8%

Cost-to-rent ratio 8.5×

Monthly cashflow £369/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 19.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).