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The Street, Lea, Malmesbury

South West

£575,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2055 sqft

Description

This charming period-style detached house, featuring three bedrooms and a double garage, presents an intriguing opportunity for renovation within the desirable village of Lea. Set on a spacious 0.33-acre plot, this property is ripe for modernization and offers the potential for expansion, subject to obtaining necessary permissions. The layout includes a welcoming entrance hall, living room, dining room, kitchen, snug or boot room, and a cloakroom on the ground floor. Upstairs, you'll find three generously-sized bedrooms along with a spacious bathroom. Although the property boasts some appealing original features like attractive fireplaces and varied flooring, it requires updates to meet contemporary standards. The outdoor space is particularly notable, with a large garden that backs onto picturesque open countryside—ideal for families or garden enthusiasts. Accessed via gated entry, the courtyard also has potential for off-road parking improvements. Additionally, there’s an attractive outbuilding that could serve as an office or studio. Lea itself is known for its community spirit and amenities including a primary school and local pub with restaurant facilities. With easy access to nearby Malmesbury and surrounding towns like Cirencester and Bath, this property not only promises comfortable living but also presents excellent investment potential in one of South West England's most sought-after areas.

Investment Analysis

(SN16 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£280/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£873,570
10% above area average per sq ft
Potential ROI
+31.4%
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

The Street, Lea, 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
£2,074
Based on a loan of £431,250 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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