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Avon Road, Melksham

South West

£285,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1069 sqft

Description

This three-bedroom bungalow presents a valuable opportunity for renovation and investment, especially with the added benefit of being sold with no onward chain. The property features a thoughtful layout, including a spacious living room that invites natural light, connecting seamlessly to a dining area and a kitchen equipped with practical units and work surface space. The standout feature is the generous conservatory, which enhances versatility for various uses and provides direct access to the low-maintenance rear garden. The accommodation includes two well-sized double bedrooms, one fitted with built-in wardrobes, alongside a comfortable single bedroom. A wet room completes the internal layout, making efficient use of space. Externally, ample driveway parking leads up to the garage, complemented by a front patio area. While this home benefits from its existing structure and features, there is significant potential for modernization to enhance functionality and aesthetic appeal.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£267/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£372,290
10% above area average per sq ft
Potential ROI
+11.1%
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

Avon Road, Melksham
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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
£1,009
Based on a loan of £213,750 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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