Worst House on the Street Logo
Padfield Gardens, Melksham - Image 1
Padfield Gardens, Melksham - Image 2
Padfield Gardens, Melksham - Image 3
Padfield Gardens, Melksham - Image 4
Padfield Gardens, Melksham - Image 5
Padfield Gardens, Melksham - Image 6
Padfield Gardens, Melksham - Image 7
Padfield Gardens, Melksham - Image 8
Padfield Gardens, Melksham - Image 9
Padfield Gardens, Melksham - Image 10
Padfield Gardens, Melksham - Image 11

Padfield Gardens, Melksham

South West

£180,000

Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Terraced Bungalow
Area
811 sqft

Description

This 2-bedroom end-terrace bungalow situated on the outskirts of Melksham presents a prime opportunity for those looking to invest in a property requiring modernization. The bungalow features a practical layout including an entrance hall, a living room, a snug area, and a kitchen, along with two bedrooms and a shower room that is currently at the first fix stage. With double glazing and gas heating already in place, the core structure is sound but will benefit from comprehensive refurbishment throughout. The front garden is gravelled with an accessible driveway, while side gardens paved with bricks offer potential for enhancement or landscaping. Located in the bustling market town of Melksham, this property is conveniently close to various amenities such as shops and schools, along with excellent transport links to nearby towns including Bath and Chippenham. This bungalow is particularly appealing for investors aiming to create rental opportunities or individuals seeking to customize their living space.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£222/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£279,540
10% above area average per sq ft
Potential ROI
+30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SN12)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -7.4%
5 year growth: +11.4%
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

Padfield Gardens, Melksham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates