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Granville Road, Melksham SN12

South West

£215,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1231 sqft

Description

This three/four bedroom extended property in Melksham presents a unique opportunity for buyers looking to invest in a family home with significant renovation potential. The flexible floor plan includes a fourth bedroom on the ground floor, ideal for guests or as an office space. While the interior is ready for modernization, it offers a blank canvas for new owners to customize according to their preferences. Recently installed windows and doors add a modern touch, while the large garden offers plenty of outdoor space for families to enjoy. Conveniently situated near parks and with easy access to commuting routes, this property is perfect for those seeking both space and the chance to create their dream home. With thoughtful refurbishments, this house has the potential to become a desirable residence in the area.

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Investment analysis

(SN12 area)

Below Market Value

This property is priced -44.0% below area average per sq ft

-44.0%
Potential saving
This Property
£175/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£422,141
10% above area average per sq ft
Potential ROI
+59.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SN12)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -7.0%
5 year growth: +9.7%
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

Granville Road, Melksham SN12
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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
£812
Based on a loan of £161,250 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.

Stamp duty calculator

Next Steps

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