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Milton Avenue, Melksham

South West

£130,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
895 sqft

Description

This three-bedroom semi-detached home presents a prime opportunity for renovation in a well-established residential area. While it currently features double glazing and gas central heating, the property is in need of modernization to unlock its full potential. The spacious layout includes a welcoming entrance hall, a living room, a dining room, and a kitchen that opens to the rear garden. On the upper level, you’ll find three bedrooms and a bathroom, offering ample space for family living or rental appeal. The outdoor areas consist of front lawns with pathways leading to the entrance, alongside side and rear gardens primarily laid to lawn. A driveway at the back provides off-road parking for one vehicle. Situated within easy reach of Melksham's bustling town centre—home to supermarkets and various amenities—and close proximity to Bath and Chippenham, this property is well-placed for both convenience and investment growth. With some attention to refurbishing this residence, there is significant potential for capital appreciation in an area that offers strong transport links and local facilities.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -54.1% below area average per sq ft

-54.1%
Potential saving
This Property
£145/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£311,693
10% above area average per sq ft
Potential ROI
+101.1%
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

Milton Avenue, 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
£460
Based on a loan of £97,500 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.

Stamp Duty Calculator

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