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Tealsbrook, Swindon

South West

£360,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1672 sqft

Description

This spacious detached bungalow is positioned on a desirable corner plot within a quiet cul-de-sac in Covingham, making it an attractive option for those looking to invest in a property with considerable renovation potential. The home features a broad layout that includes an enclosed porch and an entrance hall leading into three generously sized double bedrooms, offering ample living space. The large lounge, which is complemented by double doors connecting to the dining room, provides an open flow ideal for both relaxation and entertaining. A sunroom or lean-to extends the living area, contributing to the overall versatility of the space. The kitchen awaits modern touches, while the bungalow's sizable conservatory adds further options for customization. Outside, the garden has been primarily designed for low maintenance with paved areas but is also enriched with a variety of trees and shrubs that enhance privacy. This outdoor setting not only offers potential for landscaping improvements but also provides direct access to both the sunroom and garage. Side access leads conveniently from the front of the property where there is driveway parking available for two vehicles. Given its location in a sought-after neighborhood and its substantial accommodation, this bungalow presents an excellent opportunity for buyers looking to renovate and add value over time.

Investment Analysis

(SN3 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£215/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£275
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£576,221
10% above area average per sq ft
Potential ROI
+42.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SN3)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 4.1%
5 year growth: 24.4%
Investment Disclaimer: Analysis based on SN3 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

Tealsbrook, Swindon
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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
£1,319
Based on a loan of £270,000 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