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Castle Hill Crescent, Mere, Warminster - Image 1
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Castle Hill Crescent, Mere, Warminster

South West

£240,000
Listed on 30/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1059 sqft

Description

Nestled in the desirable town of Mere, this three-bedroom terraced home stands as a promising project for a discerning buyer. The property features spacious rooms and inviting garden areas, offering an excellent foundation for renovation and personal enhancement. With the right vision, this residence could be transformed into a stylish and comfortable living space that reflects modern tastes.<br><br>Upon entering, a practical porch provides storage solutions, setting a welcoming ambiance. The living room is positioned to the right, presenting a peaceful retreat perfect for relaxation after a long day.<br><br>The generously sized kitchen-diner offers ample potential for redesign, serving as an ideal spot for culinary creativity and family gatherings. This area flows into the conservatory/boot room, which fills with natural light and connects seamlessly to the outdoor space.<br><br>Upstairs, the layout includes three well-sized bedrooms that promise restful retreats, alongside a family bathroom that meets everyday needs while allowing for potential upgrades.<br><br>The exterior further enhances appeal; the front garden adds charm while the large rear garden presents an opportunity to create an outdoor haven suited for entertaining or serene relaxation.<br><br>This property represents an exceptional opportunity to craft a personalized residential haven in a sought-after location within Mere.

Investment Analysis

(BA12 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£227/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£371,195
10% above area average per sq ft
Potential ROI
+32.6%
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

Castle Hill Crescent, Mere, Warminster
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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
£879
Based on a loan of £180,000 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