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High Street, Netheravon, SP4

South West

£650,000

Listed on 15/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
4855 sqft

Description

This historic structure presents a unique development opportunity, boasting granted planning permission for the transformation into four spacious two-bedroom homes. Currently occupied by tenants who can vacate flexibly, the property occupies approximately 0.1 hectares of land and retains its late 19th-century charm as a former malt house linked to a neighboring brewery. The approved plans include features such as a communal garden, designated parking, and facilities for bike storage and refuse collection. With all conditions satisfied from the Wiltshire Council's planning process, this project stands ready for a savvy investor or developer looking to capitalize on the potential in this quaint village setting. Moreover, with no Community Infrastructure Levy applicable for this development, it offers financial advantages that further enhance its attractiveness as an investment.

Investment analysis

(SP4 area)

Below Market Value

This property is priced -60.4% below area average per sq ft

-60.4%
Potential saving
This Property
£134/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,805,356
10% above area average per sq ft
Potential ROI
+100.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SP4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -2.8%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on SP4 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

High Street, Netheravon, SP4
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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
£2,456
Based on a loan of £487,500 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.

Stamp duty calculator

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