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Cricklade Road, Swindon

South West

£120,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
760 sqft

Description

This investment opportunity features two one-bedroom flats, both requiring a comprehensive refurbishment. Each flat offers a communal entrance with the ground floor unit including a living room, kitchen with access to the rear garden, bedroom, and shower room. The first-floor flat mirrors this layout with similar amenities. Key infrastructure elements like double glazing and gas heating are already in place. Notable for its sizable rear garden predominantly laid to lawn, the property also benefits from gated side access and a gravelled front area. With some thoughtful renovations, these flats could yield an estimated annual rental income of around £19,000. Located in Swindon, which boasts various local amenities and convenient transport links via the M4 motorway and A419, this property presents significant potential for growth and return on investment.

Investment Analysis

(SN2 area)

Below Market Value

This property is priced -41.0% below area average per sq ft

-41.0%
Potential saving
This Property
£158/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£223,881
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SN2)

Area prices are rising by +6.3% over the last 12 months
3 year growth: +8.2%
5 year growth: +28.5%
Investment Disclaimer: Analysis based on SN2 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

Cricklade Road, Swindon
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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
£433
Based on a loan of £90,000 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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