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The Spa, Melksham, Wiltshire, SN12

South West

£650,000
Listed on 20/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
3083 sqft

Description

Nestled on a spacious plot in The Spa area of Melksham, this detached four-bedroom bungalow presents an exceptional opportunity for renovation and customization. The property features a generous layout with potential for significant improvement, including a unique two-storey coach house that remains undeveloped, offering a plethora of possibilities for conversion into additional living space or a creative workspace. The bungalow's thoughtful design includes a wide hallway that connects expansive living areas, perfect for family gatherings. With two sizeable reception rooms—a welcoming sitting room and separate dining area—alongside a sizable kitchen and dedicated utility room, there is ample scope to rethink the interior into a modern open-plan layout that maximizes the views of the extensive wrap-around garden. Each of the four double bedrooms includes built-in storage solutions, adding practicality to their generous dimensions. Additionally, with facilities such as a family bathroom, separate WC, and a versatile study or home office space, this home is optimally equipped for contemporary living needs. Externally, the property boasts extensive gardens and a sweeping driveway leading to a substantial double garage, which enhances its appeal further. The surrounding area combines tranquillity with convenience; residents can easily access local amenities as well as picturesque walks along the nearby Kennet & Avon Canal. This renovation project not only promises personal satisfaction in creating your ideal home but could also yield significant value appreciation given the quality schooling nearby and community resources available within this desirable locale.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£211/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,073,686
10% above area average per sq ft
Potential ROI
+43.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (SN12)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -5.9%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on SN12 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 Spa, Melksham, Wiltshire, SN12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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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