Sold Land

2 GEORGE STREET

WARMINSTER, WILTSHIRE BA12 8QA

Listed 10 Sep 2010 (-5755d)

£120,000

Offers in Excess of

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Listing type

Auction

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Property details

Listing category

Auction

Last sold

£111,250 Oct 2010

Local average

£749,675 (-84%)

Deprivation

Decile 5 (15,010 of 33,755)

Street crime

104 incidents within 1 mile (Apr 2026)

Key features

  • Town Centre Property
  • Shop Unit/2 Bed Flat
  • £6000 Per Annum
  • In Need Of Updating
  • Investment Opportunity

Additional details

Garden
Yes

Description

LOT 11 FOR SALE BY AUCTION THURSDAY 7TH OCTOBER 2010 Town centre property comprising shop unit producing £6,000 p.a. and a 2 bedroom flat over with separate entrance in need of some updating. Ideal investment opportunity.
Situation And DescriptionThis commercial shop with two bedroom flat over is located in a prominent position in the centre of Warminster. The town offers a variety of retail outlets and is well located with good road links and mainline railway station. The M4 Motorway and
A303 are within easy reach.
The shop premises which have a gross frontage of about 18'8 (5.69m) and an internal retail area of about 515sq.ft (47.86sq.m) are currently occupied and let for a term of 3
years commencing with effect from 2010 at a current rent of £6,000 per annum exclusive.
The spacious flat which is being sold with vacant possession has electric heating and is arranged over the first and second floors and is in need of modernisation and updating.
There is a small courtyard garden with rear access and Store.

AccommodationSHOP PREMISES
On the Ground Floor
Shop: 24'4 x 18'8 (7.47 x 5.69) plus 9'6 x 5'9 (2.89 x 1.75) with large store cupboard.
Kitchen: 7'10 x 7'5 (max) (2.38 x 2.25) with fitted floor units: door to rear courtyard.
Workshop/Store: 11'4 x 8'1 (3.44 x 2.45)
Cloakroom with W.C. and wash hand basin.
FLAT
On the Ground Floor
Entrance Hall with staircase off.
On the First Floor
Staircase and Landing with staircase off.
Sitting Room: 18'2 x 13'7 (5.54 x 4.13)
Kitchen: 10'9 x 9'8 (3.27 x 2.95) with fitted floor units and wall cupboards: built in cupboard.
Bathroom with panelled bath and wash hand basin and W.C.
On the Second Floor
Staircase and Landing
Bedroom No 1: 16'10 x 13'9 (5.12 x 3.88) with fireplace: built in wardrobes.
Bedroom No 2: 11'2 x 11'1 (3.41 x 3.37)

Route DirectionsFrom the A36 and A350 at the roundabout on the outskirts of Warminster follow signs to the town centre along Bath Road into Church Street and turn into Silver Street, continue over
the roundabout into George Street and the property is a short distance along on the right.

ViewingThere will be fixed viewing days and times and interested parties must contact the Auctioneers, Strakers, 9 St Johns Street, Devizes (01380) 727105 for further information.

Survey AdviceStrakers have a team of highly experienced Chartered Surveyors, unrivalled across the region, able to offer you advice on your intended purchase. For a competitive quotation please contact Jim Dutch FRICS IRRV Dip.Hi on 07887 744747 or Simon Satchell BSc (hons) MRICS on 07837 029993.

DisclaimerThese particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. Floor plan measurements and distances are approximate only. We have not carried out a detailed survey nor tested the services, appliances or specific fittings.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Listed by

Devizes

Strakers

Reference: 27653593

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Sold 01/10/2010 (15 years ago) £111,250

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
38 - 46 HIGH STREET, WARMINSTER, WILTSHIRE, BA12 9AF £95,000 24/01/2025 Other
37 MARKET PLACE, WARMINSTER, WILTSHIRE, BA12 9BD £441,000 22/04/2022 Other
33B SILVER STREET, WARMINSTER, WILTSHIRE, BA12 8PT £128,216 01/12/2021 Other
4 GEORGE STREET, WARMINSTER, WILTSHIRE, BA12 8QA £225,000 07/10/2021 Other

Area average: £222,304 (4 sales)

Capital growth trend

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

5y growth 87.4%
10y growth 604.5%

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

1y (index) -0.2%
5y (index) 13.5%
10y (index) 31%

Rental Range

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

Low £953/mo
Realistic £1,059/mo
Optimistic £1,165/mo

Based on Local Authority from postcode lookup → Wiltshire.

LHA (30th percentile) floor for West Wiltshire: Apr 2025 – Mar 2026

Location

Nearby

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

Type Name Distance
Bus stop George Street Place 0.0 miles
Shop Morrisons 0.1 miles
Shop S L Corden & Sons 0.1 miles
Hospital Warminster Community Hospital 0.2 miles
Train station Warminster 0.4 miles
Train station Dilton Marsh 3.2 miles
Hospital Frome Community Hospital 5.9 miles

Street-level crime

Category Count
Violence and sexual offences 35
Anti-social behaviour 25
Public order 10
Shoplifting 9
Criminal damage and arson 8
Other theft 6
Burglary 3
Other crime 2
Vehicle crime 2
Drugs 1
Possession of weapons 1
Robbery 1
Theft from the person 1
Total incidents 104

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
The Minster CofE Primary School Primary 0.2 miles Good — 18 Mar 2015
Warminster School Other 0.2 miles (No rating)
The Avenue Primary School and Children's Centre Primary 0.3 miles Good — 9 Jun 2024
Sambourne Church of England Voluntary Controlled Primary School Primary 0.3 miles Good — 13 Dec 2022
New Close Primary School Primary 0.5 miles Good — 17 May 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Sirius Close, BA12 £1,007/mo 3 1.16 miles OpenRent

Average rent: £1,007/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.84%
Max investor price (0.8%) £125,875
Target investor price (1%) £100,700
Gross yield 10.1%
Cost-to-rent ratio 9.9×
Monthly cashflow £409/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 14.1%
  • 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).