2-bedroom terraced house · SN12 7GN
Sold STCListed 98 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 truly immaculate two double bed end terrace property built by Bloor Homes which presents an excellent opportunity for those seeking a comfortable and convenient lifestyle.
Based on two floors the accommodation offer , a useful cloakroom and a well-appointed light & airy living room, as well as the kitchen/diner leading out to the garden, perfect for entertaining guests or enjoying quiet evenings.
The master bedroom features an en-suite bathroom, adding a touch of luxury and privacy and the other bedroom is a double and the family bathroom ensures the modern facilities are quite useful.
A notable feature of this property is the garage, providing secure parking if used for or additional storage space, which is always a valuable asset in a busy household, there is also a allocated parking space at the rear.
The location is particularly appealing, as it is within close proximity to local amenities, including shops and a welcoming pub, making everyday errands and social outings easily accessible.
Families will appreciate the convenience of being within convenient walking distance to both primary and secondary schools, including Forest and Sandridge school, recently rated outstanding by Ofsted.
For those who enjoy sports, the nearby football and rugby clubs offer excellent opportunities for recreation and community engagement and there are expansive green spaces to enjoy walks around.
In summary, this very smart end terrace property is a must see as is ideal for first time buyers, or trading down to a smaller home or young families! Viewing is strongly recommended.
Situation - A stunning development just off Snowberry lane.
The bustling market town has a combination of well known high street names as well as independent stores and has many places to eat, including cafes, bars and restaurants.
Melksham is a small market town situated on the beautiful River Avon.
Its position 13.5 miles south of junction 17 of the M4 on the A350 provides an excellent centre to nearby Lacock and Avebury and the attractive towns of Devizes, Bradford-on-Avon and the City of Bath.
Info on the Local School - Forest & Sandridge.
We are a rapidly expanding school in Wiltshire on the outskirts of Melksham and are thrilled to be well into our second year in our amazing new state of the art, 21st century school building!
We have 14 classrooms (13 are currently open) and an amazing preschool, Seedlings, which opened its doors for the first time in September 2016.
We do hope you enjoy learning more about our school whilst exploring our website Directions - From the market place in Melksham, proceed into Spa Road past the hospital and at the roundabout turn left into Snowberry Lane, proceed along and at the next roundabout take the second exit and at the second turning on the left turn into Cranesbill Road where the property can be found on the left hand side identified by our Lock & Key For Sale board.
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 Cranesbill Road, Melksham
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