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Chalfield Crescent, MELKSHAM

South West

£155,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This freehold, semi-detached house, spanning two floors, presents a compelling opportunity for renovation and investment in the South West. It comes with full vacant possession, allowing for immediate access and potential redevelopment. The property is situated conveniently near Chalfield Crescent and offers good connectivity via Melksham Train Station, as well as easy access to major roadways such as the A350, A4, and M4 motorway. Local amenities can be found on Sandridge Road, with a broader selection of shops, cafes, and restaurants available on Melksham High Street. Accommodation comprises three bedrooms and a bathroom on the first floor, while the ground floor features two reception rooms along with a kitchen and utility/store area. The outdoor space includes front and rear gardens that could be transformed into appealing landscapes or recreational areas. While the property requires updating throughout, this creates an excellent blank canvas for those looking to add value through thoughtful renovations. Investors should take note that properties in this area may benefit from demand in both rental yields and resale potential after refurbishment.

Investment Analysis

(SN12 area)
Area Average
£311/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Chalfield Crescent, MELKSHAM
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£559
Based on a loan of £116,250 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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