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Fortune Way, Chippenham

South West

£190,000
Listed on 29/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached home offers a promising opportunity for renovation and investment, located within the well-regarded Pewsham development. While the property requires modernisation throughout, its layout and features present an excellent foundation for transforming it into a contemporary living space. The accommodation is spread across two levels, beginning with an entrance hall that leads to a sitting room and a kitchen/diner that opens onto the rear garden. Upstairs, you'll find two bedrooms along with a bathroom. The potential to reconfigure or update these spaces is significant, allowing for personal touches or enhancements that could increase the property's value. Externally, the property includes an enclosed rear garden that is low-maintenance, providing a private area for outdoor activities. Off-road parking at the front adds to its practicality. Situated in Pewsham, residents benefit from a variety of local amenities including shops, takeaways, and essential services such as a pharmacy and medical surgery. The proximity to quality educational institutions—both primary and secondary schools—as well as convenient access to Chippenham’s town centre means daily necessities are easily within reach. Transport links are another advantage; the mainline railway station in Chippenham provides regular services to London Paddington and other regional hubs, while Junction 17 of the M4 motorway is just north of the town, facilitating travel to Bristol, Bath, and Swindon. This property not only presents itself as an appealing first-time buy but also as a strategic investment opportunity given its location and potential for enhancement. With no onward chain, buyers can act quickly to capitalize on this unique chance to create their ideal home or rental property. Additional information includes being sold freehold with mains gas, electricity, water, drainage connections available. The property currently has gas central heating and holds an EPC rating of C.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Fortune Way, 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
£696
Based on a loan of £142,500 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