About This Property

Discover what makes this home special

The Drake is a charming two-bedroom terraced home located in the peaceful rural setting near Chippenham, Wiltshire. Priced at £300,000, this property offers a well-designed layout with a spacious lounge, a modern kitchen/dining area, and a utility room. The rear garden faces southeast, providing pleasant sunlight throughout the day, ideal for outdoor relaxation and gardening enthusiasts. Its proximity to the town and transport links makes it a balanced choice for commuters and families alike.

Situated in a semi-rural location, The Drake benefits from a tranquil environment while still being within reasonable reach of local amenities and transport hubs. The nearby Chippenham train station offers direct rail services to London Paddington and Bristol, making it feasible for commuters. The area is poised for moderate growth with upcoming developments focused on enhancing local infrastructure and residential options, promising a solid investment potential.

Property Features

This terraced home combines practical living spaces with modern conveniences. The kitchen/dining area is designed for family meals and entertaining, complemented by a utility room for added functionality. The lounge provides a comfortable living space with ample natural light. Upstairs, two well-proportioned bedrooms share a single bathroom, suitable for small families or couples. The rear garden’s southeast aspect ensures good sunlight exposure, enhancing outdoor living opportunities.

Two bedroomsOne bathroomUtility roomModern kitchen/diningSpacious loungeRear garden facing southeast+1

Local Amenities

The property is situated near several reputable schools including Biddestone Primary School and Hardenhuish School, ensuring quality education options for families. Local shops and supermarkets such as Tesco Extra in Chippenham provide convenient shopping. The nearby John Coles Park offers green space for recreation and leisure. A range of restaurants and cafes are available within a short drive, alongside essential services like medical centres and regular bus routes connecting to Chippenham town centre and surrounding villages.

Primary schoolsSecondary schoolsLocal shopsSupermarketsParksRestaurants+2
Chippenham Train Station (3.8 miles, 10 mins drive) • 20 mins by car to Swindon

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Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£300,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£300,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct international transport links
Good rental demand from local workforce
Lower profile location for global investors

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£300,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.0%
Based on £1,500/mo rent
Area Price Growth
+4.1%
Average annual increase
5-Year Value Forecast
£367,106
+£67,106 projected gain
5-Year Rent Forecast
£1,843/mo
Based on 4.2% annual growth
Price per Sq Ft£405
Annual Rent Income£18,000
10-Year ROI240%
Break-Even Point15 yrs

Property Value Projection

Based on 4.1% annual growth
£367,106
5yr
£449,224
10yr
£549,710
15yr
£672,674
20yr
£823,143
25yr
Current: £300,000

Monthly Rental Income

Based on 4.2% annual growth
£1,843
5yr
£2,263
10yr
£2,780
15yr
£3,415
20yr
£4,196
25yr
Current: £1,500/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Location

Commute Time Planner

London Paddington
1h 15m
1h 30m
Bristol Temple Meads
50 mins
45 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Low
Evening Low
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate
Bedrooms
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Chippenham Town Centre Regeneration
4 milesEst. 2025
ResidentialModerate Impact
Wiltshire Housing Expansion
2 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£300,000
AvailableNB0000038514
View Location Analytics

The Drake

Faringdon, Faringdon SN7 7BP
Oriel Gardens
2
Bedrooms
1
Bathrooms
740
Est. Sq ft
terraced
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 273
1 plot(s) available
Ownershipfreehold

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£300,000The Drake

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The Drake
The DrakeFaringdon£300,000

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