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Market Place, Market Lavington, Devizes, Wiltshire, SN10 4AH - Image 1
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Market Place, Market Lavington, Devizes, Wiltshire, SN10 4AH

South West

£200,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1309 sqft

Description

This property currently consists of two separate flats that present a unique opportunity for renovation into a single-family home. With no onward chain, the potential to create a cohesive living space is readily available. The ground floor features an entrance hall leading to a bathroom, fitted kitchen, sitting room, and two additional rooms that can be repurposed or reconfigured according to your vision. The first floor mirrors this layout with another entrance hall, kitchen, bathroom, and three further rooms, offering ample space for creative remodeling. Outside, there is a small south-west facing garden that is partially walled, along with a side courtyard and an outbuilding which could serve various functions, such as additional storage or workshop space. On-street parking is conveniently available in the vicinity. The property is heated by electric systems and benefits from double glazing throughout. Although mains gas is not available in the village, the established utilities make it functional as-is while you consider renovation plans. Located in Market Lavington, just 6 miles south of Devizes, this area combines a vibrant community atmosphere with beautiful downland scenery. The village provides essential amenities including both primary and secondary schools, a convenience store, pharmacy, medical practice, museum, café, and pub. For broader shopping and leisure options, Devizes offers supermarkets and an array of entertainment facilities including cinema and theatre within a short drive. Access to main transport routes like the M4 and A303 are within reach for easy connections to larger cities including Bath and Salisbury—both under 30 miles away. Mainline train services from nearby Chippenham and Pewsey facilitate convenient travel to London Paddington in around an hour. With its unique layout and desirable location paired with local amenities and scenic surroundings, this property represents considerable investment potential for those looking to develop or renovate in a thriving village setting.

Investment Analysis

(SN10 area)

Below Market Value

This property is priced -52.8% below area average per sq ft

-52.8%
Potential saving
This Property
£153/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£310
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£466,456
10% above area average per sq ft
Potential ROI
+86.6%
After renovation
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SN10)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -7.6%
5 year growth: 10.5%
Investment Disclaimer: Analysis based on SN10 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

Market Place, Market Lavington, Devizes, Wiltshire, SN10 4AH
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