# 1 bedroom flat for sale (SN15 3TJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 49 ROMAN WAY, CHIPPENHAM, CHIPPENHAM, WILTSHIRE SN15 3TJ |
| Price | £117,500 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £70,500 Sep 2002 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 14/07/2031
- **Current heating cost:** £267/year
- **Est. upgrade cost to C:** £1,248

### Recommendations
- A (£100 - £350)
- C (£15 - £30)
- L2 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9150-3008-3203-1779-0204)

## Description

A modern, well presented, and newly redecorated, first floor flat which benefits from its own front door, an allocated parking space and a convenient location, within walking distance of amenities on the popular Pewsham development. Offered with No Onward Chain.

The property offers well proportioned accommodation comprising; entrance hall with stairs to the first floor, good sized sitting room part open plan to a kitchen with modern units and built in oven, hob and extractor, one double bedroom with a built in cupboard and a bathroom with white suite. 

Externally there is a level, lawned garden with a path leading to the front door and a storage cupboard. 

Allocated parking space which is situated in the car park to the side of the building.  

Excellent first time buy or buy to let investment.

**Situation** - The Pewsham development is to the south east of Chippenham town centre. Pewsham itself has an excellent range of local amenities to include shopping parade with take away and convenience store plus a chemist. In addition there is a surgery, public house, primary school and secondary school. The town centre of Chippenham offers a range of amenities to include High Street retailers and in addition there are supermarkets and retail parks within the town. There are a wide range of primary schools and secondary schools plus there is a regular main line rail service from Chippenham to London(Paddington) and the west country. The M4 motorway is accessible via Junction 17 to the north of the town and offers access to the regional centres of Bristol, Bath and Swindon.

**Property Information** - Council Tax Band; A

Leasehold; Remainder of a 999 year lease

Peppercorn Rent 

Mains Electricity, Water & Drainage

Electric Heating

EPC Rating; C

## Property Photos

- ![20250906_114325.jpg](/listings/photos/166788911/1123919) - 20250906_114325.jpg
- ![20250906_113911.jpg](/listings/photos/166788911/1123921) - 20250906_113911.jpg
- ![20250906_114023.jpg](/listings/photos/166788911/1123922) - 20250906_114023.jpg
- ![20250906_113936.jpg](/listings/photos/166788911/1123924) - 20250906_113936.jpg
- ![20250906_114007.jpg](/listings/photos/166788911/1123926) - 20250906_114007.jpg
- ![20250906_114104.jpg](/listings/photos/166788911/1123929) - 20250906_114104.jpg
- ![20250906_114134.jpg](/listings/photos/166788911/1123932) - 20250906_114134.jpg
- ![20250906_114151.jpg](/listings/photos/166788911/1123933) - 20250906_114151.jpg

## Floorplans

- ![49 Roman Way, Chippenham - all floors.JPG](/listings/photos/166788911/1123934) - 49 Roman Way, Chippenham - all floors.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/166788911/1123937) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 49 ROMAN WAY, CHIPPENHAM, NORTH WILTSHIRE, WILTSHIRE, SN15 3TJ | £70,500 | 27/09/2002 | 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 |
|---------|-------|------|------|
| 3 COLBORNE CLOSE, CHIPPENHAM, WILTSHIRE, SN15 3TW | £61,000 | 09/06/2023 | Flat |
| [Same street] 17 ROMAN WAY, PEWSHAM, CHIPPENHAM, WILTSHIRE, SN15 3TJ | £173,000 | 11/04/2023 | Terraced |
| [Same street] 21 ROMAN WAY, PEWSHAM, CHIPPENHAM, WILTSHIRE, SN15 3TJ | £152,000 | 24/06/2022 | Terraced |
| 48 ROMAN WAY, PEWSHAM, CHIPPENHAM, WILTSHIRE, SN15 3TA | £138,000 | 16/06/2022 | Flat |
| 56 ROMAN WAY, PEWSHAM, CHIPPENHAM, WILTSHIRE, SN15 3TA | £138,000 | 16/06/2022 | Flat |
| [Same street] 33 ROMAN WAY, PEWSHAM, CHIPPENHAM, WILTSHIRE, SN15 3TJ | £136,000 | 29/04/2022 | Semi-detached |
| 23 DANVERS MEAD, CHIPPENHAM, WILTSHIRE, SN15 3TP | £80,000 | 22/09/2021 | Flat |

**Street average:** £153,667 (3 sales)
**Area average:** £104,250 (4 sales)

## Price vs local average

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

- **Local average:** £159,079 (12 Flat, SN15, 2024–2026)
- **Deviation:** -26.1%

## 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 Maisonette, Roman Way, SN15 | £860/mo | 1 | 0.01 miles | OpenRent |
| 1 Bed Flat, Roman Way, SN15 | £800/mo | 1 | 0.07 miles | OpenRent |
| Studio Flat, Danvers Mead, SN15 | £650/mo | 1 | 0.21 miles | OpenRent |
| Studio Flat, Danvers Mead, SN15 | £650/mo | 1 | 0.21 miles | OpenRent |
| Studio Flat, Danvers Mead, SN15 | £650/mo | 1 | 0.21 miles | OpenRent |
| 1 Bed Semi-Detached House, Jordan Close, SN15 | £850/mo | 1 | 0.55 miles | OpenRent |
| 1 Bed Terraced House, Ray Close, SN15 | £860/mo | 1 | 0.59 miles | OpenRent |
| Studio Flat, Rowe Mead, SN15 | £675/mo | 1 | 0.65 miles | OpenRent |
| Studio Flat, Rowe Mead, SN15 | £720/mo | 1 | 0.68 miles | OpenRent |
| 1 Bed Flat, St Mary St, SN15 | £860/mo | 1 | 1.06 miles | OpenRent |
| Studio Flat, Riverstreet Place, SN15 | £850/mo | 1 | 1.12 miles | OpenRent |
| 1 Bed Flat, Riverstreet Place, SN15 | £950/mo | 1 | 1.12 miles | OpenRent |
| 1 Bed Flat, Riverstreet Place, SN15 | £1,000/mo | 1 | 1.12 miles | OpenRent |

**Average rent: £798/mo (13 listings)**

## 1% Rule

- **Rent ratio:** 0.72% (weak for cashflow)
- **Max investor price (0.8%):** £106,250
- **Target investor price (1%):** £85,000

*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 £850/mo).*

- **Gross yield:** 8.7%
- **Cost-to-rent:** 11.5×
- **Monthly cashflow:** £277/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.8%

*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).*

## Price per Square Metre

- **£/m²:** £3,013/m²

## Capital growth trend

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

- **5y growth:** -0.5%
- **10y growth:** 5.7%

## 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)