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Milbourne Park, Milbourne, Malmesbury

South West

£230,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
718 sqft

Description

This detached two-bedroom bungalow presents a promising renovation opportunity in a tranquil semi-rural setting, just a short distance from the historic town of Malmesbury. The property features an entrance hall, a living room, a kitchen/breakfast area, two bedrooms, and a bathroom. While some double glazing is in place and it benefits from wood-fired heating, the overall condition suggests that modernization will be needed to unlock its full potential. The exterior includes a lawned garden at the front with driveway space for two vehicles leading to a garage, while the rear offers an enclosed garden overlooking fields, abundant with shrubs and flower borders that could be revitalized with landscaping efforts. Given its proximity to Malmesbury's quaint amenities and excellent transport links to larger cities like Bath and Bristol via the M4 corridor, this property is well-positioned for those looking to invest in a renovation project that enhances both livability and value.

Investment Analysis

(SN16 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£320/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£305,218
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
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

Milbourne Park, Milbourne, 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
£830
Based on a loan of £172,500 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.

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