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Elgar Close, Swindon, Wiltshire - Image 1
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Elgar Close, Swindon, Wiltshire

South West

£350,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1273 sqft

Description

This detached house presents a significant opportunity for renovation, offering ample space and potential in a highly desirable location. The property is in need of modernization, making it an ideal project for families looking to craft their dream home or for investors interested in a property with promising returns. The layout features four bedrooms, including a spacious master suite and two additional double bedrooms alongside a single bedroom, accommodating various family dynamics. The design includes three reception rooms, offering flexibility for both leisure and work. The first-floor lounge serves as a cozy retreat, while the dining room provides an inviting space for gatherings. An additional office or study is perfect for those who require a quiet area for remote work or study purposes. The kitchen is generously sized and includes a dedicated dining area with direct access to the garden, promoting easy outdoor living and entertaining opportunities. A utility room adds practicality alongside two bathrooms, ensuring convenience for daily routines in busy households. Outside, the property boasts parking space and a single garage, along with a garden that opens up possibilities for landscaping or expansion. With an EPC rating of C reflecting efficient energy use, this home is not only positioned well within the community but also benefits from its placement within Council Tax Band E. This property truly offers the chance to create something special while being situated in an attractive neighborhood.

Investment Analysis

(SN25 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£275/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£412,598
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (SN25)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 9.7%
5 year growth: 14.3%
Investment Disclaimer: Analysis based on SN25 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

Elgar Close, Swindon, Wiltshire
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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
£1,282
Based on a loan of £262,500 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