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Elmina Road, Swindon

South West

£175,000
Listed on 16/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terrace home presents a noteworthy opportunity for renovation and investment in the heart of Swindon. Although the property requires updating, its central location and structural potential make it an appealing prospect for those looking to create a personalized living space or capitalize on rental income. Upon entering, you are welcomed by an entrance hall that leads to a separate lounge area. This space features an open staircase that adds character and flows seamlessly into the dining room, providing an inviting atmosphere for social gatherings. The kitchen, while functional, offers room for modern enhancements with its existing layout, including eye and base units and essential appliances. The ground floor also hosts a bathroom equipped with basic amenities, which could be transformed into a more contemporary space easily. Upstairs, there are two double bedrooms—both of generous size—that can be reimagined into comfortable retreats or stylish guest rooms. The low-maintenance rear garden is particularly notable; it offers outdoor space that could be revitalized into a charming area for relaxation or entertaining. With pedestrian gated access, this garden provides convenience and privacy. Located on Elmina Road, the property benefits from being close to Swindon town centre. Residents will enjoy easy access to local shops, supermarkets, and public transport options, including Swindon train station just a short distance away. This home is being sold with no onward chain, allowing for potentially quicker transactions—a factor that may appeal to investors or first-time buyers alike. Given its condition and location, this property holds significant renovation potential that could yield considerable returns in both living enjoyment and market value.

Investment Analysis

(SN1 area)
Area Average
£266/sq ft
Avg Rent (weekly)
£227
Avg Yield
5.3%

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
36
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SN1)

Area prices are falling by +7.4% over the last 12 months
3 year growth: 8.4%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on SN1 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

Elmina Road, Swindon
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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
£641
Based on a loan of £131,250 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