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Mill Lane, Corston, MALMESBURY - Image 1
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Mill Lane, Corston, MALMESBURY

South West

£125,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor flat situated in the village of Corston presents an opportunity for those looking to invest in a property with potential. Currently requiring modernization, this long leasehold flat offers two bedrooms, a reception room, a kitchen, and a bathroom/WC, alongside outdoor space featuring a rear garden and shed. The full vacant possession means you have the freedom to renovate as you see fit. With local amenities available in nearby Malmesbury and convenient access to the A429 leading to the M4 motorway, this location balances rural charm with accessibility. A refurbishment could significantly enhance the living spaces and potentially increase value for resale or rental income. Given its condition and the need for updates, this property is ideal for buyers with renovation vision.

Investment Analysis

(SN16 area)
Area Average
£386/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SN16)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -1.2%
5 year growth: +1.1%
Investment Disclaimer: Analysis based on SN16 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

Mill Lane, Corston, MALMESBURY
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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
£451
Based on a loan of £93,750 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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