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Reids Piece, Purton, SN5

South West

£250,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
947 sqft

Description

This mid-terrace three-bedroom house is nestled in a desirable cul-de-sac within the larger village of Purton, conveniently located between Cricklade and Royal Wootton Bassett. While the property requires updating and modernisation, it presents an outstanding opportunity for buyers to personalise and enhance the home to fit their style. Spanning one of the more substantial plots in the development, this residence features extensive front and rear gardens, with the front potentially permitting off-road parking (subject to planning permission) while maintaining a spacious garden area. The layout includes an entrance hallway leading into a living room, a kitchen breakfast room, and a rear lobby/lean-to space. Upstairs, you’ll find three generous bedrooms along with a bathroom and separate WC. The expansive rear garden includes side access via a passageway, predominantly laid to lawn, offering further enhancement options. This property holds significant investment potential for those looking to make their mark.

Investment Analysis

(SN5 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£264/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£348,970
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
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
24%
Properties sold annually

Local Market Trend (SN5)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.8%
5 year growth: 29.4%
Investment Disclaimer: Analysis based on SN5 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

Reids Piece, Purton, SN5
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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
£916
Based on a loan of £187,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE