3-bedroom semi-detached house · SN12 6AG
Sold STCListed 156 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 attractive, extended and therefore spacious three double bedroomed bay fronted semi detached property occupying a decent corner plot and being situated within a level walk into town and convenient to amenities.
Based on two floors the accommodation comprises a welcoming entrance hall, a lovely bay living room and a good size bay family room, useful shower room, fitted kitchen opening into a dining room with log burner and a rear boot room.
On the first floor there are three double bedrooms, a dressing room/study and a family bathroom. Additional features include gas heating and double glazing.
Externally there are front, side and enclosed rear gardens, ample parking. Viewing is strongly recommended. No Chain.
Situation - Just off the favoured Spa Road, into the heart of the Morgan development, where facilities include a comprehensive range of shops and commercial outlets together with swimming pool/fitness centre, library, main post office and bus services to surrounding towns whilst more local amenities include primary health care centres.
For a further range of amenities the towns of Devizes, Corsham, Trowbridge and Chippenham are within suitable access with the latter having a mainline rail station providing links to London(Paddington), also access to the M5 corridor can be accessed via junction 17 just north of the town of Chippenham.
Very convenient for the Oak school, and a level walk into town.
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
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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
Agent & docs

FAQ
About The Close, Melksham
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