The Parade, Marlborough, SN8
By Fine & Country, Marlborough, Devizes and Newbury
£ 950,000
Reviews
3 out of 5 stars
Fine & Country, Marlborough, Devizes and Newbury says ..
Fine & Country are delighted to present 14-18 The Parade, formerly D&R. With potential for 6 residential appartments and 6-7 retail units, this historic building is situated within easy reach of the high street.
Property Oracle says ..
This property on The Parade in Marlborough presents a unique investment opportunity. The building, currently operating as retail space, offers significant potential for conversion into residential apartments and additional retail units, which would greatly increase its overall worth. The location in Marlborough is a major selling point, with easy access to local amenities, good schools and a relatively good transport connection to larger towns and cities. The building is visually appealing, showing evidence of careful upkeep from the exterior. However, a thorough survey will be crucial to assess structural integrity and any necessary renovations. While the list price is seemingly in line with other Marlborough properties, the lack of specific details on internal condition, planning permissions, and development costs makes definitive financial assessment challenging at this stage. Investors looking to capitalise on the potential value increase following development should consider all aspects and consult experts before making any commitment.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 9
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 3,013.90
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
- 991,667.00 £Increased by 72.72 %
- Est sale value
- 2,218,230.40 £Increased by 89.69 %
- Average area rental value
- 1,455.00 £/moDecreased by 11.17 %
- Est letting value
- 3,013.90 £/moUnchanged by 0.00 %
- Est rental Yield
- 1.76 %Decreased by 48.54 %
- Crime Rate
- 49.00 %Unchanged by 0.00 %
Agent Activity
Fine & Country, Marlborough, Devizes and Newbury created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Corner House Children'S Centre | Children's Centre | 0.33 KM | |
| Marlborough St Mary'S Ce Primary School | Voluntary Controlled School | Good | 0.40 KM |
| St John'S Marlborough | Academy Converter | Outstanding | 0.63 KM |
| Marlborough College | Other Independent School | 0.96 KM | |
| Preshute Church Of England Primary School | Voluntary Controlled School | Outstanding | 3.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| New Road | £ 240,000 | 0 | 0.00 KM |
| Oxford Street | £ 0 | 0 | 0.00 KM |
| The Green | £ 611,000 | 0 | 0.00 KM |
| Town Mill | £ 382,500 | 0 | 0.00 KM |
| The Green | £ 506,250 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pewsey | 3062 | PEW | 9.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Parade, Marlborough, SN8 | £ 950,000 | BUY | 6 / 10 | 0.00 KM |
| The Parade, Marlborough, Wiltshire, SN8 | £ 40,000 | BUY | 6 / 10 | 0.04 KM |
| New Road, Marlborough, SN8 | £ 360,000 | BUY | 6 / 10 | 0.06 KM |
| St John's Mews, New Road, Marlborough, SN8 | £ 285,000 | BUY | 5 / 10 | 0.07 KM |
| Kennet Mews, Marlborough, Wiltshire, SN8 | £ 325,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 The Parade | £ 445,000 | 0.05 KM |
| 8a The Parade | £ 305,000 | 0.05 KM |
| 9a The Parade | £ 250,000 | 0.05 KM |
| 4 Oxford Street | £ 160,000 | 0.07 KM |
| 7 Kennet Mews | £ 340,000 | 0.07 KM |