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Castle Street, Mere, Warminster BA12

South West

£50,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Detached

Description

This property represents an intriguing opportunity for both investors and self-build enthusiasts, featuring a plot of land with full planning permission for the construction of a two-bedroom detached home. Located in a residential area, the site is well-defined and offers a substantial level parcel suitable for development. The approved house design is appealingly traditional, showcasing stone facades and a pitched roof that harmonize with the surrounding architecture. Inside, the layout promises to provide an open-plan kitchen and dining space, alongside comfortable living areas and generously sized bedrooms — ideal for families or individuals looking to create a personal living space. Conveniently situated near local amenities and transport links, this location strikes an excellent balance between accessibility and rural tranquility. With planning already secured, this presents a unique chance to bypass initial hurdles often faced by new builds, allowing for a smooth transition into realizing a high-quality residence in this sought-after region.

Investment Analysis

(BA12 area)
Area Average
£324/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BA12)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on BA12 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

Castle Street, Mere, Warminster BA12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 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.

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