# Land for sale (BA12 8QA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 GEORGE STREET, WARMINSTER, WILTSHIRE BA12 8QA |
| Price | £120,000 |
| Last sold | £111,250 Oct 2010 |

## 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.

## Property Photos

- ![Photo](/listings/photos/27653593/339911)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 GEORGE STREET, WARMINSTER, WILTSHIRE, BA12 8QA | £111,250 | 01/10/2010 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

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

- **Local average:** £749,675 (6 Other, BA12, 2024–2026)
- **Deviation:** -84%

## 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).*

## 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)**

## 1% Rule

- **Rent ratio:** 0.84% (okay)
- **Max investor price (0.8%):** £125,875
- **Target investor price (1%):** £100,700

*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 £1,007/mo).*

- **Gross yield:** 10.1%
- **Cost-to-rent:** 9.9×
- **Monthly cashflow:** £409/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 14.1%

*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).*

## Capital growth trend

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

- **5y growth:** 87.4%
- **10y growth:** 604.5%

## House Price Index (HM Land Registry)

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

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

## 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)