Towcester Road Former School Bungalow, Colebrook, Swindon, SN3
South West
£250,000
Listed on 29/08/2026
Listed on 29/08/2026
The listing
Property details
Bedrooms
3Type
BungalowArea
878 sqftFeatures
- Garden
Description
This three-bedroom detached bungalow in Colview is being sold to cash buyers because it is of non-standard construction. Formerly used as a school caretaker’s home, it has a living area, kitchen, bathroom and outside space. The accommodation requires renovation and modernisation, giving a purchaser scope to update it to their requirements. Buyers should make their own enquiries about the construction and its implications for future lending and insurance.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
58out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £250,000, this detached three-bedroom bungalow is priced about 9.7% below the local average per square foot, making the asking price a genuine acquisition advantage. Its single-storey layout and outdoor space provide a clear canvas for a medium-scale update: the interior finishes are dated, and the overgrown garden could be cleared and reinstated to make the property feel much more inviting.
The overall score is weak because the economics are tight against current local average values, despite the favourable asking price. The cash-buyers-only condition due to non-standard construction is also an important constraint, so buyers should investigate the construction and any lending or insurance implications before proceeding. The exterior photos show weathered trims but do not establish roof or structural defects.
Key opportunities
- Acquire below the local average price per square foot, with the detached, single-storey form offering a distinctive starting point.
- Refresh the dated interior finishes, including the kitchen and bathroom, to create a more cohesive and comfortable home.
- Clear and reinstate the overgrown garden, making better use of the fenced outdoor space.
Key risks
- Cash buyers only: the stated non-standard construction may limit lending options, and construction and insurance implications need checking.
- The economics are tight against current local average values, leaving little headroom on that comparison.
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Transport
Nearest stations
Swindon Rail Station
2.5 miles
Train · Swindon
Bedwyn Rail Station
13.7 miles
Train · Bedwyn
Hungerford Rail Station
13.8 miles
Train · Hungerford
Kemble Rail Station
15.0 miles
Train · Kemble
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,021
Based on a loan of £187,500 over 30 years at 5.13% 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.
Tax
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Indicative tax based on the asking price and the options you select.
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