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21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 1
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 2
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 3
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 4
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 5
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 6
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 7
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 8
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 9
21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR - Image 10

21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR

South West

£150,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
685 sqft

Description

This two-bedroom semi-detached house presents a promising investment opportunity, particularly for those looking to capitalize on its potential for refurbishment and possible extension, pending the necessary consents. The property is located in a residential area that boasts convenient access to local shops and ample green spaces, making it an appealing choice for families or those seeking community-oriented living. It features a spacious rear garden, enhancing possibilities for outdoor development. Arranged over two floors, the home includes essential amenities such as a kitchen and reception room on the ground floor, along with two bedrooms and a bathroom upstairs. Given its non-standard construction, a comprehensive refurbishment program is needed to modernize the space and unlock its full potential.

Investment Analysis

(SN15 area)

Below Market Value

This property is priced -37.3% below area average per sq ft

-37.3%
Potential saving
This Property
£219/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£263,122
10% above area average per sq ft
Potential ROI
+25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SN15)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.2%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on SN15 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

21 Preston Lane, Lyneham, Chippenham, Wiltshire, SN15 4AR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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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