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Union Street, Melksham

South West

£200,000

Listed on 10/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
682 sqft

Description

This two-bedroom terraced home on Union Street in central Melksham offers a unique blend of urban convenience and tranquil outdoor space. With the town centre just a short stroll away, this property comes with an expansive private garden that feels like a woodland retreat. The interior is warm and inviting, featuring a charming fireplace in the living room that sets a cozy atmosphere for winter evenings. A separate dining room adds versatility, perfect for hosting or as a workspace. The kitchen benefits from natural light with sliding doors that lead directly to the patio, facilitating easy indoor-outdoor living. Upstairs, you'll find two spacious bedrooms complemented by a family bathroom. While the home is comfortable as it stands, there is ample opportunity for modernisation and personalisation to suit your tastes over time. The generous rear garden begins with a patio ideal for outdoor dining and extends into a mature area filled with trees—perfect for families or gardening enthusiasts looking to cultivate their green space. This garden not only provides privacy but also borders King George’s Park, enhancing the feeling of openness and leisure right at your doorstep. Convenience is key here; local amenities including supermarkets and eateries are within walking distance, making day-to-day life easy without reliance on transport. Moreover, excellent commuting links via road and rail ensure accessibility to nearby towns and cities. With no onward chain, this property represents an attractive investment opportunity for those interested in both immediate comfort and future potential.

Investment analysis

(SN12 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£293/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£233,875
10% above area average per sq ft
Potential ROI
+3.9%
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
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

Union Street, 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
£756
Based on a loan of £150,000 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

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