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Church Street, Calne, Wiltshire, SN11 - Image 1
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Church Street, Calne, Wiltshire, SN11 - Image 3
Church Street, Calne, Wiltshire, SN11 - Image 4
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Church Street, Calne, Wiltshire, SN11

South West

£275,000
Listed on 02/05/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This centrally located property in Calne presents a substantial development opportunity, covering an area of 5,123 sq ft across two levels. Currently configured with 3,287 sq ft of retail space on the ground floor, it holds planning permission for conversion into two commercial units, five workshops, and nine office spaces under planning number: 20/07270/FUL. The first floor hosts several adaptable rooms and is complemented by a sizeable rear garden measuring 1,300 sq ft. Currently generating a rental income of £1,200 per month from its charity occupant, this building is well-equipped with mains water, electricity, and drainage services. There's also potential for residential development at the rear, subject to obtaining the relevant planning permissions. It offers a strategic position with convenient access to major transport links towards Chippenham, Marlborough, Swindon & London via the A4 & M4. The absence of VAT on the property adds an additional financial incentive for prospective investors.

Investment Analysis

(SN11 area)
Area Average
£315/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £130,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SN11)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 0.0%
5 year growth: 16.9%
Investment Disclaimer: Analysis based on SN11 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

Church Street, Calne, Wiltshire, SN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE