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Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 1
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 2
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 3
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 4
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 5
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 6
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 7
Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT - Image 8

Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT

South West

£750,000
Listed on 06/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former dementia care home presents a unique opportunity for investors and renovators. Situated in a desirable village in Wiltshire, this detached property boasts expansive views of the surrounding countryside, making it an appealing location for various development options. Originally constructed in the 1950s, the property features a substantial five-bedroom extension completed in 2009, enhancing its appeal with modern amenities. It was previously licensed to accommodate 20 clients across 18 bedrooms, with 15 of those equipped with en suite facilities. This setup illustrates the potential for continued use as a care home or conversion into residential units. Additionally, the upper floor contains a three-bedroom self-contained flat that has served as owners' accommodation but could be repurposed to expand capacity for residents or staff. Located just off Junction 15 of the M4 on the A346 between Swindon and Marlborough, this property's rural setting is complemented by local amenities including shops, pubs, and hotels within the affluent village of Chiseldon. The scenic backdrop adds charm while offering convenient access to key transport routes. Internally, the layout includes various communal areas such as a reception area, dining room, sitting room, conservatory, and kitchen on the ground floor. With 12 bedrooms and essential facilities located on this level along with additional bathrooms and WC spaces, the property supports functional living arrangements. The first floor accommodates six more bedrooms while the second floor consists of staff quarters and office space. Practical features include an internal staircase leading to all levels and a shaft lift servicing the first floor. Externally, accessibility is enhanced by a driveway offering parking for multiple vehicles at the front of the property. The rear garden can be accessed through the conservatory and provides an attractive outdoor space that could be revitalized further. Having ceased operations in July 2024 with vacant possession now available, this property offers an excellent chance to re-establish a quality care facility or explore alternative uses such as residential redevelopment—subject to obtaining necessary planning approvals. Previous discussions regarding converting the site into five apartments indicate potential for significant returns on investment. Overall, this property holds considerable promise for creativity in development or operational revitalization within a desirable community setting.

Investment Analysis

(SN4 area)
Area Average
£333/sq ft
Avg Rent (weekly)
£318
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£75,000 - £187,500
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SN4)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 7.1%
5 year growth: 23.6%
Investment Disclaimer: Analysis based on SN4 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

Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT
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