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The Butts, Lydiard Millicent SN5

South West

£475,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
1287 sqft

Description

Presenting a unique opportunity to acquire a historic cottage with roots tracing back to the 17th Century. Rectory Cottage, cherished by the same family since 1932, carries a rich local heritage that adds to its charm. The property is located on a generous plot, offering considerable potential for extensions and improvements (subject to necessary approvals). There's even the possibility of developing a building plot or lodge within the expansive rear garden. Inside, this cottage preserves many original features such as exposed beams and traditional fireplaces. The ground floor layout includes a spacious kitchen/dining area, utility room, convenient downstairs W.C., and a conservatory that opens up to the picturesque garden. The dual-aspect living room bathes in natural light while an additional study provides flexibility for various uses. The first floor features a double bedroom equipped with fitted wardrobes, and the second floor accommodates a cozy single bedroom. Outside, enjoy tranquil gardens both at the front and back for privacy along with gated driveway parking and an attached garage. The property also boasts an intriguing original well which adds character to the surroundings. Located in Lydiard Millicent—a desirable Wiltshire village—this home benefits from local amenities including a pub, primary school, and village hall while being just a short drive from further facilities in Swindon and Royal Wootton Bassett.

Investment Analysis

(SN5 area)

Above Market Value

This property is priced +11.4% above area average per sq ft

+11.4%
This Property
£369/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£469,092
10% above area average per sq ft
Potential ROI
-12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (SN5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +4.1%
5 year growth: +27.4%
Investment Disclaimer: Analysis based on SN5 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

The Butts, Lydiard Millicent SN5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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