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Savernake Avenue, Melksham - Image 1

Savernake Avenue, Melksham

South West

£285,000

Listed on 07/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom bungalow represents a significant renovation opportunity within a highly desirable neighborhood. While the property is in need of complete modernisation, it provides a unique chance for buyers to craft a personalized living space tailored to their individual tastes. The generous outdoor area features a mature garden and includes an attached garage, as well as ample side space that opens the door to potential extensions or further development, subject to necessary planning permissions. Inside, the layout currently offers two bedrooms along with spacious common areas, presenting an inviting blank canvas for those looking to undertake an extensive refurbishment project. Located conveniently near local amenities, transport links, and green spaces, this property is ideal for investors or homeowners eager to create their dream residence. Viewing is recommended to grasp the full potential this bungalow has to offer.

Investment analysis

(SN12 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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
17%
Properties sold annually

Local Market Trend (SN12)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -7.0%
5 year growth: +9.7%
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

Savernake Avenue, 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
£1,077
Based on a loan of £213,750 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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