# 1 bedroom apartment for sale (BA12 6DL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, WELCOME HOUSE, THE SQUARE, WARMINSTER, MERE, WILTSHIRE BA12 6DL |
| Price | £150,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £139,950 Oct 2020 |

## Description

Beautifully Presented 1-Bed Character Apartment in the Heart of Mere – No Onward Chain

Overlooking Mere’s historic Square, this beautifully presented one-bedroom character apartment has been tastefully reinstated to showcase its original charm, complete with allocated parking and no onward chain.

This impressive one-bedroom character apartment enjoys a prominent central position within the heart of Mere. Offered with no onward chain, the property is ready for a smooth and straightforward move, making it an ideal opportunity for first-time buyers, downsizers, or investors.

Previously difficult to fully appreciate as the property was tenanted, the apartment can now be properly viewed, with the current vendor having tastefully reinstated its original charm and presentation. The result is a light-filled and well-balanced home where period features can once again be fully enjoyed.

High ceilings and large sash windows allow natural light to pour through, while decorative fireplaces in both the sitting room and bedroom add character and period appeal.

The generous double bedroom is a calm and inviting space, complemented by a separate dressing room, offering excellent flexibility as a walk-in wardrobe or home office.

The kitchen is well-appointed with modern cabinetry, wood effect worktops, and a butler sink, with a large window providing a pleasant outlook across the town centre rooftops and filling the space with natural light.

The sitting room offers an elegant and comfortable setting, centred around a decorative fireplace and benefiting from a bright, airy feel.

Further benefits include secure access, an allocated parking space to the rear, and immediate access to Mere’s amenities, all just moments from the doorstep. The A303 is within easy reach, offering excellent connectivity, while the surrounding countryside provides beautiful walks and open green spaces.

A characterful and well-proportioned home offering space, charm, and convenience in a highly desirable town-centre setting.

Accommodation

Entrance Hall: Accessed via a secure main entrance from The Square or from the rear residents’ parking area. An inviting hallway featuring attractive ornate panelling, wood-effect flooring, space for coats, and an airing cupboard housing the hot water tank.

Sitting Room: A spacious, light-filled reception room with high ceilings and a large sash window overlooking The Square. A decorative fireplace with marble surround and mantle shelf provides an elegant focal point.

Kitchen: Fitted with a stylish and comprehensive range of wall and base units, including a built-in oven and ceramic four-ring electric hob. Finished with a butler sink and chrome swan neck mixer tap, with space for a fridge/freezer and washing machine. A sash window offers a pleasant outlook over the town centre.

Bedroom: A generously sized double bedroom with a sash window to the rear aspect and a decorative fireplace with slate mantle and hearth.

Dressing Room: A versatile additional space, ideal for use as a walk-in wardrobe or home office, complete with built-in storage and a large window.

Bathroom: A modern white suite comprising a panel-enclosed bath with Triton shower over, pedestal wash basin, low-level WC, heated towel rail, part-tiled walls, vinyl flooring, and useful alcove shelving.

Parking: To the rear of the property is a residents parking area, with one allocated space belonging to the apartment.

Additional Information

Services: The property is connected to mains water, mains drainage, and electricity, all subject to the usual utility regulations. Heating is provided via night storage heaters.

Broadband: The property benefits from strong broadband infrastructure, with access to ultrafast full-fibre services via providers such as Virgin Media, Giganet, and Truespeed, offering speeds of up to 900–1130 Mbps.

Tenure: Leasehold – 999 years from 1st April 1999 (approximately 972 years remaining as of 2026).

Service Charge: £100 PCM, which includes buildings insurance.

Council Tax Band: A

Local Authority: Wiltshire

EPC Rating: E

Agents Note: Windows to the front of the property are listed. Fireplaces are decorative only and not in use. Full lease information is available upon request.

Viewings: Strictly by appointment through the agent.

## Property Photos

- ![Photo](/listings/photos/173769257/1211431)
- ![Photo](/listings/photos/173769257/1211432)
- ![Photo](/listings/photos/173769257/1211433)
- ![Photo](/listings/photos/173769257/1211435)
- ![Photo](/listings/photos/173769257/1211437)
- ![Photo](/listings/photos/173769257/1211438)
- ![Photo](/listings/photos/173769257/1211439)
- ![Photo](/listings/photos/173769257/1211440)
- ![Photo](/listings/photos/173769257/1211441)
- ![Photo](/listings/photos/173769257/1211442)
- ![Photo](/listings/photos/173769257/1211443)
- ![Photo](/listings/photos/173769257/1211445)

## Floorplans

- ![Floorplan 1](/listings/photos/173769257/1211448) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/173769257/1211449) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| WELCOME HOUSE 2 THE SQUARE, MERE, WARMINSTER, WILTSHIRE, BA12 6DL | £139,950 | 05/10/2020 | 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 |
|---------|-------|------|------|
| 1 ASHMERE HOUSE CASTLE STREET, MERE, WARMINSTER, WILTSHIRE, BA12 6JE | £165,000 | 31/03/2023 | Flat |
| THE WALTON BUILDING FLAT 4 NORTH STREET, MERE, WARMINSTER, WILTSHIRE, BA12 6HU | £155,000 | 20/12/2022 | Flat |
| OLD SHIP YARD FLAT 3 CASTLE HILL LANE, MERE, WARMINSTER, WILTSHIRE, BA12 6JB | £90,000 | 01/04/2022 | Flat |

**Area average:** £136,667 (3 sales)

## Price vs local average

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

- **Local average:** £131,367 (12 Flat, BA12, 2024–2026)
- **Deviation:** +14.2%

## Rental Range

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

- **Low:** £958/mo
- **Realistic:** £1,064/mo
- **Optimistic:** £1,170/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £593/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, Old Ship Yard, BA12 | £650/mo | 1 | 0.11 miles | OpenRent |

**Average rent: £650/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.43% (weak for cashflow)
- **Max investor price (0.8%):** £81,250
- **Target investor price (1%):** £65,000

*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 £650/mo).*

- **Gross yield:** 5.2%
- **Cost-to-rent:** 19.2×
- **Monthly cashflow:** £-31/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.8%

*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).*

## Capital growth trend

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

- **5y growth:** 20.2%
- **10y growth:** 23%

## House Price Index (HM Land Registry)

*Official index for Wiltshire; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -3.4%
- **5y growth (index):** 3%
- **10y growth (index):** 15%

## 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)