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Castle Street, Calne

South West

£725,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
3424 sqft

Description

This unique property presents a compelling opportunity for renovation and investment in the heart of Calne’s Historic Heritage Quarter. Originally a former Coach House with stables, it encompasses approximately 1,800 sq ft of living space and an additional 1,551 sq ft of outbuildings, providing significant potential for redevelopment or adaptation (subject to planning permissions). The main residence features a spacious and flexible layout enriched with original architectural details. The ground floor includes two sizable reception rooms, a breakfast area, kitchen, study, utility room, and both front and rear entrance halls. The upper level comprises three double bedrooms along with a main bathroom and separate shower room, offering options for reconfiguration to meet contemporary living standards. Meanwhile, the outbuildings require renovation yet hold immense promise; they can be transformed into guest accommodations, studios, or home offices. Surrounding the property is a generous shingled courtyard that enhances its historic charm and provides additional outdoor space for entertaining. The landscaped gardens are complemented by mature planting and patios, creating an inviting atmosphere with ample parking available. Located within walking distance to the town center, residents have access to various amenities and scenic walks along the River Marden. Calne itself is steeped in history, known for its proximity to notable attractions like the Norman Church of St Mary’s and ancient sites surrounding it. Accessibility is another strong point of this property; the A4 roadway offers convenient routes eastward toward Marlborough or westward toward Chippenham and Bath. Regular bus services connect to nearby towns including Swindon, enhancing transport options for residents or potential guests. In conclusion, this property not only features characterful accommodation but also boasts considerable renovation potential across its main residence and outbuildings—a true canvas for those looking to invest in an area rich in history and natural beauty.

Investment Analysis

(SN11 area)

Below Market Value

This property is priced -32.7% below area average per sq ft

-32.7%
Potential saving
This Property
£212/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,184,721
10% above area average per sq ft
Potential ROI
+40.2%
After renovation
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

Castle Street, Calne
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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
£2,656
Based on a loan of £543,750 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