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Sheldon Road, Chippenham

South West

£65,000

Listed on 30/06/2026

Property details

Bedrooms
1
Type
Flat
Area
280 sqft

Description

This ground floor one-bedroom flat presents a valuable opportunity for renovation and investment in a sought-after residential area. While it currently requires modernisation, it features a private garden, offering potential for enhancing outdoor space. The layout includes a shared entrance hall, welcoming living/dining room, functional kitchen with access to the garden, comfortable bedroom, and bathroom. With double glazing and gas heating already installed, the flat possesses essential elements for a livable space. Once renovated, it could provide an estimated annual rental income of approximately £9,600. The property benefits from a new 999-year lease, further adding to its appeal as an investment or starter home. Chippenham’s amenities including shops and transport links enhance its desirability for tenants or homeowners alike.

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Investment analysis

(SN14 area)

Below Market Value

This property is priced -37.2% below area average per sq ft

-37.2%
Potential saving
This Property
£232/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£310
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£113,898
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SN14)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -6.0%
5 year growth: +5.2%
Investment Disclaimer: Analysis based on SN14 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

Sheldon Road, Chippenham
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£246
Based on a loan of £48,750 over 30 years at 4.45% 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.

Stamp duty calculator

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