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Castle Street, Mere, Warminster, Wiltshire, BA12

South West

£240,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in the picturesque village of Mere, this three-bedroom cottage offers a blend of historical charm and potential for transformation. Ideal for buyers with a creative vision, this property presents an opportunity to revitalize and modernize a period home into something truly special. Inside, the cottage features two inviting reception rooms that showcase original architectural details, each offering a warm atmosphere perfect for gatherings or quiet evenings. The rear of the home contains a functional kitchen alongside a separate utility room, both spaces that could benefit from thoughtful updates to enhance their usability and aesthetic appeal. Access to the cellar is via stone steps concealed under a hatch in the sitting room, providing additional storage options or potential for further development. Upstairs, three bedrooms and a family bathroom await your personal touch. Each space offers generous dimensions that can be reimagined according to contemporary tastes. Additionally, there's a sizeable attic accessible by a drop-down ladder—an ideal opportunity for conversion or expansion if desired. The location further enhances this property's investment potential. Mere boasts a strong sense of community supported by essential amenities along its vibrant High Street, including a primary school, library, grocery store, post office, and various dining options. Just four miles away lies Gillingham, offering additional services such as secondary education facilities and mainline railway access to London Waterloo. Wincanton is also nearby for more shopping choices and independent local businesses. Conveniently located near the A303 corridor and surrounded by beautiful countryside, Mere provides ample opportunities for outdoor activities—whether it’s hiking along scenic trails or enjoying local attractions like Stourhead House and Longleat Safari Park. Outside, the property features a private garden accessible via a shared pathway—a serene setting ripe for improvement. With some care and attention, this space could blossom into an inviting outdoor retreat perfect for relaxation or entertaining during warm summer months. This unique cottage presents an exciting opportunity in an appealing area known for its community spirit and diverse recreational offerings. Here lies your chance to create something entirely your own while enjoying the benefits of village life.

Investment Analysis

(BA12 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BA12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -6.4%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on BA12 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, Mere, Warminster, Wiltshire, BA12
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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
£879
Based on a loan of £180,000 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