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Dunch Lane, Melksham

South West

£285,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
712 sqft

Description

Tucked away on Dunch Lane in Melksham, this detached bungalow offers a solid foundation for those looking to invest in a property with significant renovation potential. Featuring two comfortably sized bedrooms, it caters well to small families, couples, or individuals seeking a tranquil living environment. The expansive kitchen diner serves as the heart of the home, providing ample space for culinary activities and entertaining. This area fosters a welcoming atmosphere suitable for family meals or social gatherings. Additional highlights include a garage and a carport, ensuring convenient parking and storage options in this desirable neighborhood. While the property requires some modernization, it presents an exciting opportunity for new owners to personalize the space and enhance its value. With thoughtful updates and renovations, this bungalow can evolve into a modern residence that aligns with contemporary tastes and lifestyles. Located in a highly sought-after area, the home enjoys the peace of suburban life while remaining within easy reach of local amenities, reputable schools, and transport links. Whether you are considering downsizing, entering the property market as a first-time buyer, or looking for an investment opportunity, this bungalow on Dunch Lane stands out as a promising prospect. Embrace the chance to craft your ideal home in this charming setting. Inside, you'll find functional spaces such as an inner porch leading into a hallway that connects to various rooms including a living room filled with natural light from multiple windows. The two bedrooms offer comfortable retreats with storage options available. Additionally, the bathroom features essential fixtures including a three-piece suite. Overall, this property is rife with possibilities for transformation and personalization.

Investment Analysis

(SN12 area)

Above Market Value

This property is priced +28.3% above area average per sq ft

+28.3%
This Property
£400/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£244,437
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (SN12)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -2.6%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on SN12 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

Dunch Lane, Melksham
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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
£1,044
Based on a loan of £213,750 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