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Lockeridge, Marlborough, SN8

South West

£795,000
Listed on 21/11/2025

Property Details

Bedrooms
4
Type
Detached
Area
2386 sqft

Description

Nestled in the scenic village of Lockeridge, within the North Wessex Downs Area of Outstanding Natural Beauty, Meux Cottage presents a unique opportunity for those looking to invest in a property rich with potential. This four-bedroom detached home is set on over one-third of an acre, offering ample space for renovations or extensions to create a distinctive family residence tailored to modern living. The cottage, boasting historical architectural influences from the Meux Estate, features flexible ground-floor living spaces, including a cozy sitting room and open-plan living/dining areas alongside a kitchen and utility room. It also includes a family bathroom and cloakroom. The upper level hosts three spacious double bedrooms and an additional bedroom that can be accessed independently – perfect for guests or as a private office. Outside, the property is enhanced by mature gardens and several outbuildings such as a garage and garden store, along with a former piggery that holds significant potential for conversion into additional living space (subject to planning permissions). Situated approximately three miles from Marlborough's amenities and close to beautiful countryside walks, Meux Cottage is ideally positioned for both tranquil rural life and convenient access to urban services. With mains water and electricity alongside oil-fired central heating already in place, it provides a solid foundation for renovation efforts. Investors will find this property ripe for enhancement in one of Wiltshire’s most charming settings.

Investment Analysis

(SN8 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£333/sq ft
Area Average
£384/sq ft
Avg Rent (weekly)
£325
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,007,584
10% above area average per sq ft
Potential ROI
+15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SN8)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -7.3%
5 year growth: -3.7%
Investment Disclaimer: Analysis based on SN8 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

Lockeridge, Marlborough, SN8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,867
Based on a loan of £596,250 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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