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Waterworks Road, Trowbridge

South West

£425,000
Listed on 18/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1065 sqft

Description

This 3/4 bedroom chalet-style detached property presents a strong investment opportunity, located conveniently off the respected Waterworks Road, near local schools and transport links. It includes 16 freehold garages that can either serve as a source of rental income or be part of a larger development plan for residential units, pending necessary planning approvals. Although the property is currently habitable, it could greatly benefit from modernization to enhance its appeal and functionality. The flexible living spaces are complemented by good-sized private gardens enclosed by walls, along with features such as UPVC double glazing and air conditioning. The accommodation is well laid out, including a versatile living room, potential fourth bedroom or dining room, kitchen/breakfast area equipped with essential appliances, multiple bedrooms with ample natural light, modern shower facilities, and additional storage options in the form of an eaves space. The exterior offers a welcoming approach with a tandem driveway leading to a courtyard filled with garages. It's advisable to view early given the promising investment prospects.

Investment Analysis

(BA14 area)

Above Market Value

This property is priced +35.5% above area average per sq ft

+35.5%
This Property
£399/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£345,065
10% above area average per sq ft
Potential ROI
-27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
76%
Properties sold annually

Local Market Trend (BA14)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +0.9%
5 year growth: +18.8%
Investment Disclaimer: Analysis based on BA14 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

Waterworks Road, Trowbridge
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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