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The Causeway, Chippenham

South West

£260,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1389 sqft

Description

This four-bedroom cottage, located in the heart of Chippenham, presents a unique opportunity for renovation and investment. The property is a Grade II listed building that requires modernisation, offering a blank canvas for those looking to add value through updates and personal touches. On the ground floor, you'll find an entrance hall that leads into a spacious lounge, a dining room, and a kitchen, alongside a convenient WC. The first floor features three bedrooms and a bathroom, while the second floor hosts the fourth bedroom, providing ample living space. The property comes equipped with gas heating but does not include parking facilities. One of the standout features of this cottage is the potential for development at the rear. A terrace of outbuildings holds promise for creating Mews-style properties similar to neighboring developments, subject to necessary planning permissions. This could significantly enhance the property’s value and create additional rental income or resale opportunities. Set within a vibrant town center, this location benefits from close proximity to various amenities including schools, shopping options, and leisure activities. Commuters will appreciate easy access to Chippenham's mainline railway station and proximity to Junction 17 of the M4 motorway. The enclosed rear garden provides outdoor space that can be transformed into an inviting retreat. With thoughtful renovations and development plans in place, this cottage not only offers immediate living accommodation but also considerable long-term investment potential in a desirable market area.

Investment Analysis

(SN15 area)

Below Market Value

This property is priced -46.3% below area average per sq ft

-46.3%
Potential saving
This Property
£187/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£318
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£26,000 - £65,000
10-25% of property value
Target Value
£532,244
10% above area average per sq ft
Potential ROI
+63.8%
After renovation
Monthly Sales
23
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (SN15)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 2.8%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on SN15 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

The Causeway, Chippenham
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