Guide price
£250,000
3 bed cottage for saleBradford Road, Melksham SN12
3 beds
2 baths
2 receptions
- Freehold
Moveli
.png)
About this property
Spacious 3 bedroom
Detached house
Unique property
Not currently A house, but has conversion rights.
Historically used as a retailer and service centre for the batteries used by a household’s radio or “wireless”, amongst other things, a hundred or so years later this charming stone building now benefits from permitted development rights; under Class ma to be converted to a residential dwelling, with the potential of becoming a spacious 3 bedroom detached house.
As an alternative to the upside of its optional conversion to residential, prospective buyers can also enjoy the current rental passing of £18,000 pa received from a workshop, office and storage tentant. This income represents a >7% investment yield.
The building has an internal area of 1,165 sq ft over the ground, first and second floors.
Additional Note: Please note that the seller is related to the business owners.
This is a freehold sale.
Tenure: Freehold
Council Tax band: B
Local Authority: Wiltshire
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.