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See how verdicts work4-bedroom bungalow · SN12 7JH
Sold STCListed 81 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 individual, spacious, adaptable and versitile four bed detached chalet bungalow situated on the eastern side of town sitting on a corner plot and with a double garage.
The approach is via drive parking, gated access, entrance porch and inner hallway, to the right you go into a large living room / dining room and family area with dual aspect windows, fitted kitchen, useful downstairs shower room and two double bedrooms.
On the first floor there are two further double bedrooms and a family a bathroom. Additional features include double glazing and gas heating. In need of some modernistaion.
Externally there is parking to the front leading to the double garage. Side access goes into the enclosed and private rear garden and another side access leads you out to the side garden.
Viewing is strongly recommended. No Chain.
Situation - At the start of a cul-de-sac of bungalows, chalets and houses within an established residential area on the eastern side of the town, the property lies just over one mile from the town centre where facilities include swimming pool/fitness centre, library and bus services to surrounding towns whilst more local amenities include a supermarket in nearby Blackmore Road, petrol filling station/shop in Sandridge Road and launderette, chip and fish shop, ladies' hairdresser and veterinary surgery in Church Lane, local 'bus services connecting with the town centre are available close by.
Neighbouring towns include Devizes, Corsham, Calne, Trowbridge, Bradford-on-Avon and Chippenham with the latter having the benefit of main line rail services.
The stunning heritage City of Bath with its many facilities lies some twelve miles away whilst access to the M4 at junction 17 lies three miles outside 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
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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 Ingram Road, Melksham
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