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Snarlton Lane, Melksham, Wiltshire

South West

£330,000
Listed on 27/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow, positioned on a quiet no-through road on the eastern fringes of Melksham, presents an excellent opportunity for investors and renovators alike. While the property requires modernisation throughout, its solid structure and spacious layout provide a canvas for a transformative renovation. The interior features an entrance hallway, a sizable sitting room, a dining room, a kitchen, three generously sized double bedrooms, and a bathroom. Notable amenities include double glazing and gas central heating. Externally, the property boasts front and rear gardens, two garages, and a driveway. Additionally, there is significant potential for expansion or redevelopment into another unit (subject to obtaining necessary consents), making this an appealing investment in a sought-after area. Situated near local shops and with easy access to Melksham's town centre—offering restaurants, bars, supermarkets, and recreational facilities—this location provides both convenience and serenity. The nearby countryside enhances the ambiance while offering transport links via regular bus services and train connections to larger towns including Bath and Swindon. This property is available with no onward chain.

Investment Analysis

(SN12 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (SN12)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -2.6%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on SN12 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

Snarlton Lane, Melksham, 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
£1,209
Based on a loan of £247,500 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