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Parsons Way, Royal Wootton Bassett, SN4 - Image 1
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Parsons Way, Royal Wootton Bassett, SN4

South West

£395,000

Listed on 01/10/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
1249 sqft

Description

This substantial detached house presents an exciting opportunity for buyers looking to create their ideal home. Located in a popular residential area, the property features four generous bedrooms, making it perfect for families or those needing flexible living space. Upon entry, you are greeted by a spacious hallway leading to three versatile reception rooms, each offering potential for reconfiguration. The kitchen area is ripe for modernisation and could be transformed into an open-plan layout, catering to contemporary living preferences. Upstairs, the well-proportioned bedrooms are served by a family bathroom, which provides ample scope for updating or extending the current facilities. Additionally, the property benefits from a garage and driveway, enhancing its practical appeal. With no onward chain, this home is a blank canvas for refurbishment and improvement, allowing new owners to personalise it to their tastes. Early viewing is highly recommended to fully appreciate the scale of accommodation and the potential to create a truly special residence.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: MEDIUM

This substantial detached house offers an exciting opportunity for buyers looking to create their dream home. With four generous bedrooms and multiple reception rooms, the property provides a versatile layout that can be tailored to suit a family's needs. The spacious kitchen area is ripe for modernisation, allowing for a complete reconfiguration into an open-plan space if desired. The overall dated condition throughout, including wear and tear in the living areas and bedrooms, presents a clear canvas for renovation enthusiasts.

However, while the asking price of £395,000 is below the local average, the all-in costs, including renovation budgets of £80,000 to £150,000, stretch the economics against the current local benchmarks. This leaves the potential for a margin that is significantly negative compared to local averages, which is a concern for prospective buyers. It's important to weigh the ambitious renovation plans against these economic realities, especially considering the extent of work needed to bring this property up to modern standards.

Key opportunities

  • Generous living space offers flexibility for various layouts and configurations.
  • The kitchen area allows for reconfiguration, creating an opportunity for a modern open-plan design.
  • The property serves as a blank canvas for buyers to personalise according to their tastes.

Key risks

  • Stripped interiors and a £80,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Total commitment could reach about £510,000 including the asking price and quoted works of about £115,000 — around 20% above what similar-sized stock commands locally today — current-condition benchmarks only, not after-works GDV.

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Map

Location

Parsons Way, Royal Wootton Bassett, SN4
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,492
Based on a loan of £296,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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