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New Road, Bradford-on-Avon

South West

£500,000
Listed on 17/04/2025

Property Details

Bedrooms
3
Type
Detached house
Area
861 sqft

Description

This detached bungalow presents a unique renovation opportunity, perfect for buyers looking to create a personalized living space or capitalize on its investment potential. Nestled along a private drive, the property offers a secluded environment while remaining conveniently located within walking distance of the town center and Christchurch Primary School. The home features three bedrooms along with a living room, kitchen, shower room, and a garden room that adds extra versatility to the layout. The mature garden surrounds the property, providing ample outdoor space that benefits from a pleasant sunny aspect—a desirable feature that could enhance future enhancements or expansions. Situated on the Bath side of Bradford on Avon, this property is positioned close to various local shops and cafes, including popular dining spots like The Weaving Shed and Timbrells Yard. Essential amenities such as the town library and swimming pool are also nearby. Commuters will appreciate the proximity of the railway station, which offers direct services to Bath, Bristol, Salisbury, and London Waterloo. For those interested in development potential, this bungalow sits on a plot that holds promise for transformation into an individual premium new home. Prospective buyers are encouraged to explore all options; however, please note that no current planning permissions are established. It’s advisable to conduct thorough research regarding potential renovations or new builds in this appealing location. With proximity to scenic walking trails along the canal and through picturesque fields, this property not only offers renovation possibilities but also enhances lifestyle choices for future residents.

Investment Analysis

(BA15 area)

Above Market Value

This property is priced +43.9% above area average per sq ft

+43.9%
This Property
£581/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£299
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£382,297
10% above area average per sq ft
Potential ROI
-38.8%
After renovation
Monthly Sales
11
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (BA15)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.4%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on BA15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New Road, Bradford-on-Avon
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