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High Street, Warminster

South West

£300,000
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1089 sqft

Description

This mixed-use property presents a valuable investment opportunity in the heart of a market town in South Wiltshire. Comprising three retail units and two residential flats above, it currently generates an annual income of £41,736. Both flats offer spacious living accommodations and are accessed via a communal hall at the rear, with existing tenancy agreements potentially allowing for rent increases to maximize returns. Notably, while the commercial spaces are functional, some modernisation is needed particularly in the residential areas, making this property ripe for renovation. The building is Grade II listed, adding both character and a degree of preservation responsibility. Located conveniently near local amenities and transport links to larger cities like Bath and Salisbury, this property holds significant potential for savvy investors looking to enhance its appeal through refurbishment.

Investment Analysis

(BA12 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£275/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£380,693
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (BA12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +13.8%
Investment Disclaimer: Analysis based on BA12 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

High Street, Warminster
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 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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