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Waterworks Road, Trowbridge

South West

£425,000
Listed on 19/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1065 sqft

Description

This substantial detached chalet-style property presents an excellent opportunity for those interested in renovation and investment potential. Located off the well-known Waterworks Road, it is conveniently situated near both primary and secondary schools, the town center, and the railway station, making it an appealing choice for families and commuters alike. Currently configured with four bedrooms, the layout offers flexible living arrangements suitable for various needs. While the home is habitable, it would greatly benefit from modernization to maximize its potential. The generous-sized walled gardens provide a sense of privacy, complemented by UPVC double glazing throughout for energy efficiency. There is also air conditioning installed in key areas, including the living room and one of the upstairs bedrooms. Included with the property are 16 freehold garages located within a large courtyard area. This feature opens up numerous avenues for income generation through rental opportunities or even redevelopment into residential units—subject to planning permission from local authorities. The current setup allows for immediate rental income while you plan future enhancements or expansions. Inside, the entrance hall leads to a spacious living room with ample natural light from dual aspect windows. The kitchen/breakfast room is functional and equipped with essential appliances but awaits updates that could transform it into an inviting culinary space. Each bedroom has good proportions; notably, bedroom one includes an en suite shower room for added convenience. The exterior boasts an enclosed rear garden ideal for private enjoyment or outdoor entertaining, featuring paved areas along with raised beds filled with various plants. The presence of a workshop and potting shed equipped with power adds further utility to this outdoor space. With significant renovation potential and strategic location benefits, this property stands out as a promising investment opportunity in today's market. Early viewing is encouraged due to anticipated interest driven by its versatility and growth prospects.

Investment Analysis

(BA14 area)

Above Market Value

This property is priced +36.4% above area average per sq ft

+36.4%
This Property
£399/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£342,722
10% above area average per sq ft
Potential ROI
-35.5%
After renovation
Monthly Sales
34
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (BA14)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 2.4%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on BA14 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

Waterworks Road, Trowbridge
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