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Wood Lane, Chippenham

South West

£240,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace home presents a compelling opportunity for renovation and investment. While it currently requires modernization, the property boasts a solid foundation and ample space, allowing for creative updates that can significantly enhance its value. Upon entering, you are greeted by a welcoming hallway leading to a spacious lounge. The kitchen, equipped with a range of base and wall units, opens into a utility area with direct access to a light-filled conservatory. This space not only provides potential for entertaining but also overlooks the generous rear garden, ideal for outdoor activities or gardening enthusiasts. On the first floor, you'll find three well-sized bedrooms alongside a family bathroom. Each bedroom benefits from light through double-glazed windows, offering the possibility of reconfiguration or extension to increase living space. Externally, the property includes off-road driveway parking at the front and a private, enclosed garden at the back. The presence of a detached garage adds further appeal—ideal for storage or as a workspace—and there is potential to enhance outdoor living with decking or landscaping. Located in the sought-after area of Chippenham on Wood Lane, this home is situated conveniently close to local schools, shops, and excellent transport links. With Chippenham railway station providing mainline services to London, this property is perfectly positioned for families and commuters alike. Given its renovation needs and desirable location, it offers significant investment potential—making it an appealing option for first-time buyers and seasoned investors looking to capitalize on the area's growth.

Investment Analysis

(SN15 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SN15)

Area prices are falling by +2.6% over the last 12 months
3 year growth: -0.5%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on SN15 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

Wood Lane, Chippenham
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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
£879
Based on a loan of £180,000 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