4-bedroom detached house · SN12 8FR
For saleListed 194 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 four bedroom detached property built by Persimmon Homes to their Roseberry design being situated on the highly favoured Corsham side of town, where their is a nature reserve and expansive picnic areas close by and good road links to our stunning heritage city of Bath, other centres and the M4.
Based on two floors the accommodation comprises, an entrance hall, light & airy living room, fabulous kitchen / dining room, a lovely conservatory, a useful utility/cloakroom and access into the garage (currently converted into an office and storage.
On the first floor there are four bedrooms, an en-suite and a family bathroom. Additional features include double glazing and gas heating.
Externally there is ample parking, an integral garage, side access and an enclosed rear garden. Viewing is strongly recomended.
Situation - Tucked away on this favoured development, this properties location has so much to offer.
On the favoured Bath/Corsham side of Melksham, access into the Georgian city of Bath is surprisingly convenient by car or bus.
The bus stops just outside this small development and you can choose from a variety of destinations in addition to Bath, such as the market towns of Devizes and Corsham.
A short walk away is Melksham rail station, offering easy access to Swindon and Trowbridge. Connections then take you to London or Bristol with ease.
There is a new nature reserve, ideal for walking and picnic areas in behind Dunch Lane and the popular Shaw primary school is within walking distance, along with the amenities if Shaw and Whitley villages, where you will find a golf and cricket club, a community-run village shop, and the highly recommended Pear Tree Inn.
The town centre of blossoming Melksham is close by and offers a wide range of independent shops, restaurants, cafes and every supermarket from Aldi/Lidl to Waitrose!
Local Shurnhold fields offer a lovely space to walk and there is a large children's play area on the development.
If you are a little more energetic, there are a wide range of cycleways that take you to Lacock and beyond.
The canal and riverside walks are another bonus to Melksham and the area is fast becoming Wiltshire's best-kept secret! . Agents Note - This property currently comes with a 999 year lease.
The owners have informed us that they are going to change this lease into a Freehold.
This is with their legal advisors and the developer Persimmon and the clients intend to get this completed before an excahnge of contracts.
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
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FAQ
About Caretakers Close, Melksham
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