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Codford, Wiltshire

South West

£795,000
Listed on 03/11/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2174 sqft

Description

This unique property presents a rare opportunity for renovation or investment in the scenic Wylye Valley. Located at the edge of the village of Codford, this substantial five-bedroom residence offers generous accommodation and an attached one-bedroom annexe, making it suitable for multi-generational living or as a potential income-generating unit. Cleeve House, built in 1938 and showcasing Arts and Crafts architecture, comes to market for the first time in over seven decades. The main house features an entrance hall, two reception rooms, a kitchen complete with an Aga, utility room, five bedrooms (one with an ensuite), a family bathroom, and a downstairs cloakroom. The self-contained annexe includes its own kitchen/dining area, office space, utility room, bedroom, and shower room. The property is set on roughly 4.9 acres of chalk-based land that includes fenced paddocks and various outbuildings. These include a double garage with storage above, a single garage, a workshop—ideal for conversion into stables—and a lean-to log store. This outdoor space provides ample opportunities for agricultural pursuits or could be transformed to suit your vision. Located conveniently near the A36, residents benefit from easy access to nearby towns such as Warminster and Salisbury while enjoying the tranquility of village life. Codford provides essential amenities including a village store/petrol station and doctors' surgery. Additionally, there's quick access to local bus services connecting to larger towns like Salisbury and regular routes into London. Educational options are strong in this area; Codford boasts its own excellent pre-school and primary school with further choices available in Warminster. For recreational activities, residents can explore numerous walking and cycling trails right from their doorstep or enjoy activities like sailing and fishing nearby. This property is ideal for those looking to invest in something with both character and outstanding potential for enhancement or expansion in an appealing rural setting. Viewing is strictly by appointment only through Fox Grant.

Investment Analysis

(BA12 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£366/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£762,020
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BA12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -6.4%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on BA12 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

Codford, Wiltshire
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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
£2,912
Based on a loan of £596,250 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