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Waterworks Road, Trowbridge

South West

£425,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1065 sqft

Description

This versatile detached chalet-style residence features 3 to 4 bedrooms and is situated in a desirable area off Waterworks Road, conveniently near schools, the town center, and the railway station. The inclusion of 16 freehold garages presents an exceptional investment opportunity, whether for leasing the current units or considering redevelopment into residential properties pending local authority approval. While the home is currently habitable, it would benefit from modernisation to fully realise its potential. Highlights include adaptable living spaces, generous walled gardens offering privacy, UPVC double glazing throughout, and air conditioning. Early viewings are advised due to anticipated interest driven by its investment appeal. The accommodation comprises a welcoming entrance hall leading to a spacious living room with multiple windows and storage heating. There’s also a dining room that can serve as a fourth bedroom if required. The kitchen offers ample space along with essential appliances but could use an update to enhance functionality. Upstairs, find two well-sized bedrooms equipped with air conditioning and an en suite shower room that could be modernised further. The external areas include secure gardens and a courtyard adjoining the garages, making this property not only livable but ripe for enhancement and development.

Investment Analysis

(BA14 area)

Above Market Value

This property is priced +34.8% above area average per sq ft

+34.8%
This Property
£399/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£346,705
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (BA14)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +0.8%
5 year growth: +21.3%
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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