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Granville Road, Melksham

South West

£215,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1231 sqft

Description

This spacious three/four bedroom home located in Melksham presents a significant opportunity for renovation enthusiasts and investors alike. The property features a versatile layout that includes a ground floor fourth bedroom, making it suitable for various uses—be it as a guest room or a home office. The expansive garden offers plentiful outdoor space, ideal for families looking to enjoy leisure activities or cultivate gardens. Nestled on the edge of Melksham, this residence boasts convenient access to Chippenham and the M4 motorway, which is essential for commuting to nearby areas. Internally, the property contains a well-sized kitchen/diner that serves as a central hub for family gatherings. While the house requires modernisation throughout, it's an exciting project for those wishing to infuse their personal style into their living environment. Recent upgrades, including new windows and doors installed within the last year, add a contemporary element amid the potential for further improvements. For buyers eager to explore how they can transform this property into their ideal home, consultation with an agency is recommended. With both space and significant potential located in an attractive area, this home represents an excellent investment for those looking to create lasting value.

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Investment analysis

(SN12 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£175/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
£424,307
10% above area average per sq ft
Potential ROI
+69.7%
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

Granville Road, Melksham
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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
£812
Based on a loan of £161,250 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

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