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See how verdicts work2-bedroom bungalow · SN16 0PL
For saleReduced £100k (−20%) on 12 SepListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description 'The Bungalow' presents as a prime opportunity to upgrade or entirely redevelop a detached stand-alone bungalow set within a generous 0.28 acre plot.
The property occupies an outstanding position with panoramic views across the surrounding adjoining Cotswold countryside, located on the edge of the peaceful village of Easton Grey.
The bungalow is in a poor state of repair and requires renovation.
Furthermore, the property also has great potential to be demolished and may have the opportunity for a replacement dwelling constructed in its place, subject to any formal planning consent by Wiltshire Council.
The sellers sought the opinion of lpc (Trull) Ltd Planning Consultants, towards its viability for a replacement dwelling and a copy of this report is available on request.
Within the report the following statement has been provided: The Spatial Strategy of the Local Plan (Core Policies 1 and 2) outlines a presumption in favour of sustainable development within the Principal Settlements, Market Towns, Local Service Centres and Large Villages and development should be restricted to within the Limits of Development other than in exceptional circumstances as set out within the relevant core policies contained within the plan, i.e.
The ‘exception policies’.
However, saved Policy H4 of the former nwlp provides support for the replacement of existing dwellings in the countryside, subject to the residential rights not being abandoned and replacement dwelling being of a similar size and scale to the existing dwelling within the same curtilage.
Any prospective buyers should make their own enquiries to the relevant planning authority (Wiltshire Council), prior to submitting any offer if they wish to seek a replacement dwelling.
Situation Easton Grey is a picturesque unspoilt village surrounded by Wiltshire countryside with the River Avon running through the centre and located only 3 miles from Malmesbury.
The larger village of Sherston is only 2 miles away with a village shop, pubs, café, doctors, pharmacy and primary school.
Malmesbury is an ancient hilltop town situated on the southern edge of The Cotswolds.
Traditionally a market town serving the rural area of North West Wiltshire, the town is reputed to be the oldest borough in England created by Charter in 880 ad by Alfred the Great.
Today, the High Street has numerous independent shops, pubs and restaurants including a new Waitrose store and a regular weekly Farmer's market whilst the town has excellent choice of both primary and secondary schools and good recreational and leisure facilities.
The M4 motorway (J17) to the south provides fast road access to the major employment centres of Bristol and Swindon together with London and the West Country.
Main line rail services are available from Chippenham and Kemble (Paddington in about 75 minutes).
Additional Information We understand the property is Freehold with oil-fired central heating, mains electricity and water.
The property is connected to a shared sewage treatment plant serving around 12 properties within the village with annual contribution to maintenance, electricity, and insurance costs.
The property is located within the Cotswold Area of Outstanding Natural Beauty but lies outside of the village conservation area.
Ultrafast broadband is available and there is limited mobile phone coverage. Information taken from the Ofcom broadband and mobile checker website, please see the website for more information.
Wiltshire Council Tax Band E.
Please note: To comply with Anti-Money Laundering (aml) regulations, all purchasers must complete identity verification and source of funds checks once their offer has been accepted.
A non-refundable fee of £25 (including VAT) per person will be charged to cover the cost of these mandatory aml checks.
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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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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FAQ
About The Bungalow, Malmesbury
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