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Short Street, Melksham

South West

£140,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
818 sqft

Description

This three-bedroom semi-detached home offers substantial renovation potential in a well-established residential area. The property boasts a generous plot that presents opportunities for extension, subject to necessary planning permissions. Internally, the layout comprises an entrance hall leading to a spacious living room and a kitchen/dining area on the ground floor. The first floor accommodates three good-sized bedrooms alongside a bathroom. Benefiting from double glazing and gas central heating, this home is primed for modernization. A driveway provides ample parking, while the front lawn and gated side access lead into the expansive rear garden, featuring both patio and gravelled areas, perfect for outdoor enhancements. Located in Melksham, this property enjoys access to local amenities, schools, and transport links to nearby towns and the M4 corridor.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -45.6% below area average per sq ft

-45.6%
Potential saving
This Property
£171/sq ft
Area Average
£315/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£283,347
10% above area average per sq ft
Potential ROI
+57.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
98%
Properties sold annually

Local Market Trend (SN12)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -5.2%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on SN12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Short Street, Melksham
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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