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North Road, Mere, Warminster, Wiltshire, BA12

South West

£220,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom cottage presents a significant opportunity for renovation and modernization. Nestled in the serene Wiltshire town of Mere, it's located on a quiet lane mere moments from local amenities. Built from traditional stone and topped with a tiled roof, this property retains its charm but needs a comprehensive update to unlock its full potential. The ground floor features a sitting room, dining room, kitchen, and storeroom, while the upper level hosts three spacious bedrooms serviced by a family bathroom. The property is set within an inviting garden area bordered by stone walls, offering possibilities for landscaping or even creating off-street parking where applicable. Mere boasts a vibrant community with essential facilities including schools, shops, and recreational activities. Additionally, it's well-connected to larger towns like Gillingham and Wincanton, providing further amenities and transport links. The property has mains water, drainage, and electricity installed, along with ultrafast broadband access—an appealing feature for modern living. This cottage is ideal for those looking to invest in a project that could yield a rewarding return in this desirable area.

Investment Analysis

(BA12 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

North Road, Mere, Warminster, Wiltshire, BA12
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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
£793
Based on a loan of £165,000 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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