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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, located in the desirable village of Chiseldon, offers a substantial renovation opportunity. Set on a spacious plot with stunning views of the surrounding countryside, this detached building originally constructed in the 1950s is complemented by a modern five-bedroom extension added in 2009. The property features a total capacity for 20 clients spread across 18 bedrooms, with 15 boasting en suite bathrooms. Additionally, there is a versatile three-bedroom self-contained flat on the top floor, which was previously used as accommodation for staff or owners but could be transformed back into living quarters or potentially converted into additional registered bedrooms with the appropriate planning permissions. The ground floor includes essential areas such as reception spaces and common rooms alongside 12 bedrooms, while the first floor comprises six additional bedrooms and shared facilities. The presence of a lift adds accessibility to the first floor, and external access points provide some flexibility for different uses. This property ceased trading in July 2024 and comes with vacant possession, providing an excellent blank canvas for re-establishing it as a quality care facility or exploring redevelopment options such as residential apartments subject to necessary approvals. Previous plans to convert this property into five separate apartments are available for interested parties, highlighting its potential beyond just continued care home use.

Investment Analysis

(SN4 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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
21%
Properties sold annually

Local Market Trend (SN4)

Area prices are falling by +3.9% over the last 12 months
3 year growth: -1.8%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on SN4 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

Seahorses, 73 Draycott Road,Chiseldon, Swindon, SN4 0LT
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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
£2,747
Based on a loan of £562,500 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