We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SN12 6UY
Listing removedListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Lime Avenue, Melksham. A two bedroom detached bungalow situated in a popular residential area.
The accommodation comprises entrance hall, shower room, lounge/dining room with patio doors to the garden, newly fitted kitchen, utility room with access door onto the garden and two double bedrooms.
The property further benefits from gas central heating, double glazing, an enclosed garden and single garage and driveway parking.
Discover Melksham: A Charming Wiltshire Town with Excellent Connectivity Nestled along the banks of the River Avon, Melksham is a market town that blends historical charm with modern conveniences.
It offers a welcoming community atmosphere complemented by a range of amenities. Local Amenities and Lifestyle Melksham boasts a high street filled with independent shops, cafes, and traditional pubs.
For leisure and recreation, the town offers several parks and green spaces, including King George V Playing Field, which features a playground, skate park and is home to Melksham Parkrun.
The nearby Melksham Community Campus enhances the town's leisure offerings with swimming pool, sports hall, gym and cafe.
Education and Healthcare Families benefit from a selection of educational institutions, such as Forest and Sandridge Church of England Primary School and Melksham Oak Community School, a mixed secondary school with a sixth form.
Healthcare needs are met by local GP surgeries, dental practices, and pharmacies, with larger hospitals like the Royal United Hospital in Bath and the Great Western Hospital in Swindon within reach.
Commuter Links Melksham is well-connected, making it a good location for commuters.
The town's railway station, situated on the TransWilts Line, offers regular services to Swindon, Chippenham, and Trowbridge.
Additionally, the town is conveniently located near the A350, providing easy access to the M4 motorway and facilitating travel to major cities like Bristol and Bath.
Community and Culture Melksham hosts a variety of cultural and community events throughout the year, fostering a sense of community.
The town's rich history is evident in its architecture, with landmarks such as the 12th-century St Michael's Church adding to its charm.
How to find this property Property postcode - SN12 6UY What3words – ///occurs.excellent.owned Material Information Tenure - Freehold Property Type – Two bedroom detached bungalow Construction Type – Standard Construction EPC Rating – D (65) Council Tax - D (Wiltshire Council) Utilities Source of heating – Gas central heating Primary source of electricity supply – Mains Primary arrangement for sewage – Mains Primary source of water supply – Mains Water (Meter / Not Metered) - Metered Parking The property has a single garage and driveway parking Flood Risk (Information sourced from gov.uk/check-long-term-flood-risk) Rivers and the sea – Yearly chance of flooding very low Surface water – Yearly chance of flooding very low Reservoirs – Flooding from reservoirs is unlikely in this area.
Groundwater – This location is outside of a groundwater flood alert area.
For your information (Disclaimer) These details, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property or test the services or any of the equipment or appliances in this property.
With this in mind, we would advise all intending purchasers to carry out their own independent survey or reports prior to purchase. All measurements and distances are approximate only.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Money Laundering Regulations By law, we are required to conduct anti money laundering checks on all intending sellers and purchasers and take this responsibility very seriously.
In line with HMRC guidance, our partner, MoveButler, will carry out these checks in a safe and secure way on our behalf.
Once an offer has been accepted (stc) MoveButler will send a secure link for the biometric checks to be completed electronically.
The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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