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Pennine Close, Melksham

South West

£190,000
Listed on 24/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
621 sqft

Description

Located in a quiet corner of Pennine Close, this end-of-terrace home offers significant renovation potential for those looking to put their own touch on a property. The residence features two spacious double bedrooms, making it suitable for small families or couples desiring additional space. Its advantageous location near local parks provides opportunities for outdoor activities and relaxation, while essential amenities, including a Co-Op and a nearby pub, are easily accessible within walking distance. Families will also benefit from being close to local schools, streamlining morning routines. Currently requiring some updating, this house presents an exciting opportunity for buyers eager to enhance the living space according to their tastes and needs. The added benefit of a garage increases its appeal, offering extra storage or potential workspace. In essence, this property is an ideal choice for those seeking a promising investment in a welcoming community with ample room to make personal improvements.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -1.7% below area average per sq ft

-1.7%
Potential saving
This Property
£306/sq ft
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£212,683
10% above area average per sq ft
Potential ROI
-3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (SN12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -5.6%
5 year growth: 13.2%
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

Pennine Close, Melksham
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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
£685
Based on a loan of £142,500 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.

Next Steps

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