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South West
£550,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This four-bedroom detached house, located in a desirable area of Corsham, presents a significant renovation opportunity. While the property is currently dated with general signs of wear throughout, it boasts a generous plot size of approximately 0.25 acres and a spacious 1,480 sq.ft. layout. The potential to modernise and reconfigure the space could transform it into a stunning family home, especially with ideas to create an open-plan kitchen-diner that enhances the property's appeal.
Despite being priced slightly above the local average at £372/sq.ft., the asking guide of £550,000 remains reasonable considering its location and potential for value enhancement. However, the overall economics indicate a challenging margin with a projected all-in cost of £675,000 against an implied local average value of £549,524. This highlights the need for careful financial consideration before proceeding. The project requires substantial investment ranging from £100,000 to £150,000, making it essential for prospective buyers to prepare for a full-gut renovation rather than a simple refresh.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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