The Parade, Marlborough, SN8
FI

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 %
from 574,161.00 £
Est sale value
2,218,230.40 £
Increased by 89.69 %
from 1,169,393.20 £
Average area rental value
1,455.00 £/mo
Decreased by 11.17 %
from 1,638.00 £/mo
Est letting value
3,013.90 £/mo
Unchanged by 0.00 %
from 3,013.90 £/mo
Est rental Yield
1.76 %
Decreased by 48.54 %
from 3.42 %
Crime Rate
49.00 %
Unchanged by 0.00 %
from 49.00 %

Agent Activity

  • Fine & Country, Marlborough, Devizes and Newbury created the listing.

Nearby Schools

NameTypeOfstedDistance
The Corner House Children'S CentreChildren's Centre0.33 KM
Marlborough St Mary'S Ce Primary SchoolVoluntary Controlled SchoolGood0.40 KM
St John'S MarlboroughAcademy ConverterOutstanding0.63 KM
Marlborough CollegeOther Independent School0.96 KM
Preshute Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding3.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
New Road £ 240,00000.00 KM
Oxford Street £ 000.00 KM
The Green £ 611,00000.00 KM
Town Mill £ 382,50000.00 KM
The Green £ 506,25000.00 KM

Nearby Transport

NameNLCTLCDistance
Pewsey3062PEW9.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Parade, Marlborough, SN8 £ 950,000BUY6 / 100.00 KM
The Parade, Marlborough, Wiltshire, SN8 £ 40,000BUY6 / 100.04 KM
New Road, Marlborough, SN8 £ 360,000BUY6 / 100.06 KM
St John's Mews, New Road, Marlborough, SN8 £ 285,000BUY5 / 100.07 KM
Kennet Mews, Marlborough, Wiltshire, SN8 £ 325,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
9 The Parade £ 445,0000.05 KM
8a The Parade £ 305,0000.05 KM
9a The Parade £ 250,0000.05 KM
4 Oxford Street £ 160,0000.07 KM
7 Kennet Mews £ 340,0000.07 KM