Kavanaghs says ..
What a steal! This lovely semi detached three bedroom home, in need of modernisation throughout, would be an ideal first time buy or investment property - with a large garden to rear, offered to the market with no onward chain.
Property Oracle says ..
This three-bedroom semi-detached house on Crescent Road, Melksham, Wiltshire, presents a mixed bag of opportunities and challenges for potential buyers. The property is situated in a location that benefits from reasonably convenient access to amenities, schools and transport links. The close proximity to Melksham railway station provides a valuable commute option for those working further afield.
However, the property is in clear need of significant modernisation and renovation. The interior images show a dated kitchen and flooring that would require updating. The extent of the required works would need to be assessed thoroughly to determine the total costs involved. This will likely have a big effect on the overall financial viability of purchasing this property.
The property’s garden, as depicted in the photographs, seems relatively modest in size. While its presence is a positive feature, it doesn’t offer significant outdoor space for extensive landscaping or entertaining.
The list price of £200,000 requires further investigation. While it may appear reasonable when considering the need for renovations, a comprehensive valuation factoring in the property’s condition and the average property prices in the surrounding area is necessary for a complete financial analysis. Further information regarding the plot size is also needed to get a true understanding of the property’s value.
In conclusion, this property offers potential buyers a chance to acquire a home in a relatively convenient location, but it also entails undertaking substantial renovation work. The financial viability depends largely on a detailed assessment of the required renovations and a thorough comparison with other similarly priced properties in the immediate area. A property survey is advised to determine the true extent of works needed.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 736.68
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 255,000.00 £Decreased by 10.31 %
- Est sale value
- 224,687.40 £Increased by 2.35 %
- Average area rental value
- 850.00 £/moDecreased by 13.18 %
- Est letting value
- 736.68 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.00 %Decreased by 3.15 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Kavanaghs created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| River Mead School | Academy Sponsor Led | Good | 1.00 KM |
| Kings Park Children'S Centre | Children's Centre | 1.00 KM | |
| The Manor Cofe Vc Primary School | Academy Converter | 1.31 KM | |
| Forest And Sandridge Church Of England Primary School | Academy Converter | Good | 1.45 KM |
| Canberra Children'S Centre | Children's Centre | 1.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Crescent Road | £ 265,000 | 0 | 0.00 KM |
| Chapel Close | £ 480,000 | 0 | 0.00 KM |
| Dean Close | £ 0 | 0 | 0.00 KM |
| Sherwood Avenue | £ 304,000 | 0 | 0.00 KM |
| Ashdown Drive | £ 265,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melksham | 3346 | MKM | 2.07 KM |
| Chippenham | 3267 | CPM | 9.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Crescent Road, Wiltshire | £ 200,000 | BUY | 5 / 10 | 0.00 KM |
| Crescent Road, Melksham | £ 315,000 | BUY | 6 / 10 | 0.01 KM |
| Crescent Road, Melksham, Wiltshire | £ 230,000 | BUY | 5 / 10 | 0.03 KM |
| Leaze Road, Melksham | £ 290,000 | BUY | 7 / 10 | 0.07 KM |
| Leaze Road, Melksham | £ 300,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Crescent Road | £ 125,000 | 0.01 KM |
| 2 Crescent Road | £ 156,000 | 0.01 KM |
| 16 Crescent Road | £ 159,000 | 0.01 KM |
| 29 Crescent Road | £ 375,000 | 0.01 KM |
| 10b Crescent Road | £ 72,000 | 0.01 KM |