480 Cricklade Road, Swindon
South West
£270,000
Listed on 01/07/2026
Listed on 01/07/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1557 sqftFeatures
- Garage
- Parking
Description
This four-bedroom detached house on Cricklade Road includes a spacious lounge, a separate study and a dining room. The listing describes the property as requiring refurbishment throughout, offering scope to update the existing accommodation.
The agent notes that a six-bedroom HMO layout with en-suite facilities may be possible, subject to the necessary consents and planning requirements. Off-road parking and a garage are also stated. The suggested gross rental income of around £50,000 per year is an agent estimate for a refurbished and fully optimised property, not a guaranteed return.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
80out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £270,000, this detached four-bedroom house is priced at £173/sq ft, well below the local average of £276/sq ft—a strong entry point for a value-add project. The photographed rooms offer plenty of scope to refresh the dated kitchen and bathrooms, update finishes and flooring, and clear the heavily overgrown rear garden. There are multiple living and bedroom spaces, plus off-road parking and a garage; the listing also suggests a possible six-bedroom HMO reconfiguration, subject to the necessary consents.
The works are moderate, with a renovation range of £45,000–£80,000. Shower-room ceiling staining should be investigated, and the roof is only partly visible in the available views. Overall, the low asking price, solid-looking brick exterior and range of improvement opportunities make this a strong opportunity, while the HMO idea remains subject to approval.
Key opportunities
- Refresh the dated kitchen, bathrooms, decoration and flooring to give the photographed rooms a more cohesive finish.
- Clear and assess the overgrown rear garden, making better use of the outdoor space.
- Explore the listing’s potential six-bedroom HMO layout, subject to consents and planning requirements.
Key risks
- Dark staining at the shower-room ceiling edge needs investigation.
- The roof is only partly visible in the available photographs, so its condition cannot be fully assessed.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,020
Based on a loan of £202,500 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.
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