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Waverley Gardens, Melksham, SN12 6AL

South West

£140,000Guide Price

Listed on 11/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property is being offered at auction and presents a unique opportunity for investors or those seeking a project. Constructed with non-standard materials, it requires significant refurbishment, specifically PRC repair or wall replacement. This process includes the removal of existing concrete panel walls and installation of modern cavity brick or block walls, complete with insulation and new windows and doors, ensuring compliance with lender requirements. Additionally, a comprehensive modernization is necessary throughout the home. The layout features an entrance hall leading to both the lounge and kitchen, with stair access to the first floor. The lounge includes a front-facing window and a fireplace equipped with a coal effect gas fire, connecting to the dining room. The kitchen offers basic amenities including wall and base units, space for appliances, and access to the rear garden. Upstairs, the landing provides access to three bedrooms and a family bathroom. Each bedroom is equipped with windows that let in natural light. The bathroom contains essential fixtures but will require updating. Outside, both front and rear gardens offer potential for landscaping or development into usable outdoor spaces. With gated side access, this property has excellent potential for enhancement.

Investment analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Waverley Gardens, Melksham, SN12 6AL
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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
£529
Based on a loan of £105,000 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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