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Ridgemead, Calne

South West

£130,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
467 sqft

Description

This three-bedroom mid-terrace house presents a valuable opportunity for those looking to invest in a property that requires modernisation. Located conveniently close to local amenities, this home is ideal for first-time buyers or property investors seeking to add value through renovations. The layout includes an entrance hall leading to both a living room and dining room, with access to the kitchen that opens up to the rear garden. The upstairs comprises two spacious double bedrooms, a smaller third bedroom, as well as a bathroom and separate W.C. While the property benefits from double glazing and gas central heating, it will require significant improvements to reach its full potential. The enclosed rear garden is generously sized and primarily laid to lawn, providing ample space for landscaping or additional features. Furthermore, there's potential for off-road parking in the front garden area (subject to necessary consents), which could enhance convenience and property value. On-street parking is also available on a first-come-first-served basis. Calne itself offers reasonable access to various shopping facilities, schools, and leisure options, while Chippenham—with its mainline railway station and M4 motorway connection—is nearby. With numerous opportunities for improvement throughout the home, prospective buyers should consider their vision for this property as they explore its possibilities.

Investment Analysis

(SN11 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£278/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£292
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£165,000
10% above area average per sq ft
Potential ROI
-2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SN11)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -1.0%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on SN11 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

Ridgemead, Calne
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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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