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High Street, Marlborough, Wiltshire - Image 1
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High Street, Marlborough, Wiltshire

South West

£525,000
Listed on 21/09/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
2472 sqft

Description

This Grade II listed property presents a significant opportunity for renovation and investment in the heart of Marlborough High Street. The building features a ground-floor A1 retail unit, which has been customized by its current tenant and includes an inviting retail space, kitchenette, staff restroom, and stairs leading down to a basement utilized as office space and storage. The retail area benefits from high street visibility and shared pedestrian access to the rear. Above the retail unit lies a spacious flat that occupies the first and second floors. Currently vacant, this residence is in need of modernization, offering a blank canvas for potential updates. The layout includes two receptions, a kitchen, a bathroom on the first floor, and two bedrooms on the upper level. Access to this flat is provided through its own entrance at the rear, ensuring privacy from the business operations below. Additionally, an attached two-storey cottage enhances the property's appeal. It comprises a living room, kitchen, cloakroom, two bedrooms, and a bathroom—ideal for use as additional rental accommodation or guest quarters. This cottage also enjoys its own rear garden and garden shed. Situated on Marlborough High Street, this property benefits from proximity to a diverse range of local amenities including shops, cafes, restaurants, and pubs. With Waitrose and Tesco supermarkets nearby along with essential services such as medical facilities and leisure centers, residents enjoy convenience right at their doorstep. The picturesque rolling countryside surrounding Marlborough offers ample opportunities for outdoor activities like walking and riding. The area boasts excellent transport links with easy access to the M4 motorway and direct train services from Pewsey and Swindon into London Paddington. Educational options are robust as well; Marlborough is home to esteemed secondary schools including Marlborough College and St John's Marlborough. Overall, this property not only holds potential for refurbishment but also invites innovative investment strategies in a thriving market area—making it an attractive prospect for both residential living and commercial enterprise.

Investment Analysis

(SN8 area)

Below Market Value

This property is priced -45.8% below area average per sq ft

-45.8%
Potential saving
This Property
£212/sq ft
Area Average
£392/sq ft
Avg Rent (weekly)
£408
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£52,500 - £131,250
10-25% of property value
Target Value
£1,065,383
10% above area average per sq ft
Potential ROI
+62.3%
After renovation
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SN8)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 0.7%
5 year growth: 6.5%
Investment Disclaimer: Analysis based on SN8 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

High Street, Marlborough, Wiltshire
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