Merlin Way, Covingham, Swindon SN3
South West
£380,000
Listed on 24/09/2026
Listed on 24/09/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1274 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached house is arranged with a porch and entrance hall, separate dining room, sitting room, kitchen and conservatory on the ground floor. The kitchen has fitted units and connects to a lean-to with access to the garden. Upstairs are two double bedrooms, a further bedroom and a family bathroom.
Outside, the property has a large rear garden, a detached garage and a driveway providing off-road parking. The listing describes the house as requiring updating and notes scope to modernise or enhance the plot, with any extension subject to the necessary consents. It is offered for sale through Richard James Estate Agents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
This is a solid C-grade project, with the asking price at £298/sq ft, around 5.4% below the local average. The dated finishes across the living spaces and the visible kitchen and bathroom give a buyer scope to refresh the house to their own taste; the existing renovation range is £7,000–£15,000. The numbers are reasonably tight, though: using the renovation midpoint, the £391,000 purchase-plus-works figure is only 2.7% below the implied current local average value, before fees and stamp duty.
The generous rear garden, substantial driveway and detached garage are standout features, with the listing also pointing to possible future enhancement subject to consents. The garden is usable, though some paving is weathered and the lawn patchy; no obvious major structural defect is visible in the submitted photos.
Key opportunities
- Refresh the dated decorative finishes and flooring across the living and bedroom spaces.
- Update the distinctive green-fronted kitchen and coloured bathroom suite to suit a buyer’s taste.
- Make the most of the large rear garden, driveway and detached garage; explore future enhancement subject to consents.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,436
Based on a loan of £285,000 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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