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Resi Planning | Westbury Village

South West

£395,000
Listed on 28/01/2026

Property Details

Bedrooms
6
Type
Detached house

Description

This freehold former bank building, located in a prominent area of Westbury Village, offers substantial potential for redevelopment into residential units. Spanning approximately 2,868 sq ft over two floors, the property has received planning permission for conversion into a scheme of four one-bedroom flats on the upper levels, with the ground floor having a change of use approved, allowing for further residential development. Potential layouts include options for two one-bedroom apartments or a larger four-bedroom flat, subject to obtaining appropriate consents. The commercial aspect presents an opportunity for both rental income and added value through transformation into modern living spaces. With vacant possession and situated amid sought-after amenities and excellent schools in a thriving locality, this property represents an attractive investment opportunity requiring strategic renovation to fulfil its development potential.

Investment Analysis

(BS9 area)
Area Average
£469/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (BS9)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +2.0%
5 year growth: +15.4%
Investment Disclaimer: Analysis based on BS9 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

Resi Planning | Westbury Village
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 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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