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High Street, Stogursey, Bridgwater, TA5

South West

£264,500
Listed on 28/03/2024

Property Details

Bedrooms
3
Type
Terraced house
Area
1097 sqft

Description

This period cottage exudes a unique blend of charm and character, making it an intriguing opportunity for those looking to invest in a property with renovation potential. Nestled in the heart of the sought-after village of Stogursey, the home is conveniently positioned close to local amenities such as a school, grocery store, pub, and café, enhancing its appeal for families or prospective tenants. The cottage features flexible accommodation spread across two levels. Upon entering, you are welcomed by a porch that leads into a spacious dining area adjoining a functional kitchen. The kitchen comes equipped with fitted wall and base units, though there is room for modernization to cater to contemporary tastes. A rear utility room—needing some updates—provides additional practicality with direct access to the garden and a separate WC. The ground floor boasts a generously sized lounge with an inviting front aspect and an attractive inglenook fireplace that serves as a focal point of the room. It also offers convenient access to the rear garden through its own door, blending indoor and outdoor living. On the upper level, you'll find three well-proportioned bedrooms along with a family bathroom fitted with a three-piece suite and shower over bath. This arrangement provides significant space for comfortable living while offering ample scope for updating aesthetics or layout according to personal preferences. Outside, the manageable rear garden is enclosed by walls and includes an attached summer house that presents potential as a hobbies room or home office—an attractive feature for many buyers today. Stogursey's proximity to both the coastline of the Bristol Channel and the stunning landscapes of the Quantock Hills—a designated Area of Outstanding Natural Beauty—offers residents ample opportunities for outdoor recreation. The nearby towns of Bridgwater and Taunton ensure access to wider shopping options and essential services, making this cottage not just a home but also a promising investment in an appealing community setting. Early viewing is recommended to fully appreciate the potential this property holds in both charm and investment value.

Investment Analysis

(TA5 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£241/sq ft
Area Average
£289/sq ft

Renovation Potential

Est. Renovation Cost
£26,450 - £66,125
10-25% of property value
Target Value
£348,495
10% above area average per sq ft
Potential ROI
+5.4%
After renovation
Monthly Sales
8
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TA5)

Area prices are rising by +12.1% over the last 12 months
3 year growth: 9.3%
5 year growth: 38.5%
Investment Disclaimer: Analysis based on TA5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Stogursey, Bridgwater, TA5
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