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 work3-bedroom bungalow · SN12 6AX
For saleReduced £15k (−4.8%) on 26 OctListed 271 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 three bed detached link-bungalow situated in a favoured cul-de-sac within a level walk into town. In need of some modernizing.
The accommodation comprises, two entrance doors (one door is not used) a spacious entrance hall, kitchen, bathroom, good size living room, three bedrooms and a lovely conservatory.
Externally the approach is via ample drive parking for vehicles that leads to the car port and garage. Open plan front garden and a decent fully enclosed rear garden, side access.
Additional features include double glazing and gas heating. No Chain.
Situation - In a pleasant and established residential area situated within a level distance of the town centre of Melksham which hosts a range of amenities comprising educational, recreational and shopping facilities.
For a further range of amenities the towns of Devizes, Corsham, Trowbridge and Chippenham are within easy access with the latter having a mainline rail station providing links to London(Paddington), also access to the M4 corridor can be accessed via junction 17 just north of the town of Chippenham.
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.
Area
Agent & docs
FAQ
About Longford Road, Melksham
Explore nearby
