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Tower Road, Melksham SN12 - Image 1
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Tower Road, Melksham SN12

South West

£210,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1045 sqft

Description

This three-bedroom house in Melksham presents a valuable opportunity for those interested in undertaking a renovation project. With a spacious layout covering approximately 1,044 square feet, the property features a welcoming reception area that can be reimagined to fit modern tastes. Built in 1970, the home is ripe for modernization, allowing you to infuse your personal style throughout. The generously sized bedrooms offer flexibility for family living or guest rooms, providing comfort and space. Practical elements include a garage suitable for storage or as a workshop, along with additional parking options for convenience. The enclosed rear garden invites potential outdoor enhancements, whether it’s for entertaining or gardening. Located near local amenities with no onward chain, this property offers an attractive proposition for first-time buyers, growing families, or investors looking to transform this house into an ideal home.

Investment Analysis

(SN12 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£201/sq ft
Area Average
£315/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£361,978
10% above area average per sq ft
Potential ROI
+54.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
98%
Properties sold annually

Local Market Trend (SN12)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -5.2%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on SN12 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

Tower Road, Melksham SN12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£757
Based on a loan of £157,500 over 30 years at 4.06% 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.

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