2-bedroom house · SN12 7PT
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lock and Key independent estate agents are pleased to offer this beautiful, extended and therefore spacious two double bedroom farm workers cottage called Burnt Cottages dating back to the early 1900's, with fields in behind and situated on the outskirts of Melksham, close to amenities, with excellent access to nearby towns and benefits from excellent transport links via the A350, the M4, Bath and the railway stations at both Melksham and the mainline route to London at Chippenham.
Packed full of character, yet extended and modernised, this cottage offers excellent accommodation comprising an entrance porch, light & airy living room with wood burner, decent re-fitted kitchen/breakfast room opening into a spacious dining/family room extension and a useful down stairs shower room and french doors to the garden.
Upstairs there are two double bedrooms (the main bedroom is very impressive) and a re-fitted bathroom.
Externally the cottage benefits from its drive providing off road parking and to the rear enjoys a very pretty and secluded west facing garden with access to the rear and views towards fields beyond.
Rarely available, and viewing is strongly recommended.
Situation - Going out towards Chippenham and three miles southwest of the beautiful National Trust village of Lacock, in a position set back and with fields to the rear.
Day-to-day requirements are catered for in our nearby bustling market town of Melksham and Corsham, or the larger town of Chippenham to the north with main line rail services to Paddington approximately 75 minutes.
Good road communications provide easy access to the major employment centres of Swindon, Bath and Bristol, together with London and the West Country via the M4 (Junction 17 approximately 10 miles).
There is a choice of good private and state schooling in the area, and walking routes in the surrounding countryside is conveniently placed.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Beanacre, Melksham
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