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Castle Street, Mere, Warminster, Wiltshire BA12

South West

£240,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in the picturesque village of Mere, this three-bedroom cottage presents a unique opportunity for renovation and investment. This character-filled property is set in a vibrant community, ideal for those looking to transform a period home into a modern space that reflects their personal style. The interior currently features two inviting reception rooms that retain original architectural details, providing a cozy atmosphere with potential for enhancements. The kitchen, accompanied by a separate utility room, offers a functional layout but is in need of modernization—perfect for those who envision an open-concept space or an updated culinary area. A cellar can be accessed through stone steps beneath a floor hatch in the sitting room, adding further utility and storage options to the home. Upstairs, you will find three bedrooms along with a family bathroom; all areas are ready for reimagining to better suit contemporary living needs. Additionally, there’s ample storage available in the sizable attic accessible via a drop-down ladder, which could also be converted into usable space if desired. Outside, the private garden is reached via a shared path and offers an appealing outdoor retreat that currently serves as a peaceful haven for local wildlife. With some thoughtful landscaping and care, this garden could become an enviable extension of the home—perfect for relaxation or entertaining guests during warmer months. Situated conveniently within Mere, residents benefit from essential amenities along the thriving High Street, which includes shops, schools, healthcare services, and local dining options. The nearby towns of Gillingham and Wincanton provide additional facilities such as supermarkets and secondary education opportunities. The property enjoys excellent transport links with easy access to the A303 and mainline rail connections from Gillingham to London Waterloo and other southwestern destinations. Mere is surrounded by beautiful countryside ideal for outdoor enthusiasts. There are numerous walking trails and bridleways nearby along with recreational activities including golf and riding clubs. Cultural attractions such as Stourhead House and Longleat Safari Park add to the appeal of this location. This cottage stands out as a promising project for investors or homeowners eager to breathe new life into its historic framework while taking advantage of its prime location and community amenities.

Investment Analysis

(BA12 area)
Area Average
£325/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£24,000 - £60,000
10-25% of property value
Monthly Sales
24
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BA12)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -2.4%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on BA12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Castle Street, Mere, Warminster, Wiltshire BA12
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