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Woodland Road, Weston-super-Mare

South West

£775,000
Listed on 16/08/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1517 sqft

Description

Nestled in a sought-after coastal town, this spacious detached home offers an excellent opportunity for renovation and investment. Built around 1939, the property boasts generous living spaces with high ceilings and a well-thought-out layout that invites natural light throughout. Upon entering, you are greeted by a welcoming hallway with an adjoining cloakroom. The main sitting room features dual aspect windows, enhancing the bright and airy feel, while the dining room mirrors this layout and opens through French doors onto the rear garden. The kitchen connects to a study area, utility room, and a conveniently located WC. Additionally, there is a large integral garage that could be repurposed or expanded upon. Upstairs, three sizable bedrooms await, including a master bedroom with an ensuite bathroom. The family bathroom is also ample in size. Notably, the loft space presents significant potential for conversion into additional living accommodation, pending necessary permissions. The exterior of the property is equally appealing with its gated driveway and low-maintenance front garden accented by a charming stone wall. The expansive rear garden primarily features lawn and patio areas, providing ample outdoor space for family activities or potential landscaping projects. A large detached structure at the back currently serves as two versatile rooms alongside a three-car-length tandem garage. This outbuilding has planning permission (Reference: 23/P/1871/FUL) to be transformed into a two-bedroom dwelling—ideal for rental income or multi-generational living arrangements. The separate rear driveway adds convenience for accessing this space. Located just minutes from Weston-super-Mare's vibrant town center, residents will benefit from nearby amenities including shopping facilities, health services, cultural attractions like museums and theaters, as well as easy access to the famous seafront and Grand Pier. Families will appreciate proximity to state schools in Lympsham and Weston-Super-Mare; furthermore, Sidcot School offers excellent independent education just four miles away in Winscombe. With convenient access to the M5 motorway and mainline rail connections from Weston-super-Mare station, commuting is straightforward. Bristol Airport is within easy reach for those seeking national or international travel options. For outdoor enthusiasts, the picturesque surrounding countryside offers various recreational activities just a short drive away. This property presents not only a comfortable family home but also significant potential for enhancements tailored to modern living needs or investment opportunities in this thriving area.

Investment Analysis

(BS23 area)

Above Market Value

This property is priced +103.3% above area average per sq ft

+103.3%
This Property
£511/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.2%

Renovation Potential

Est. Renovation Cost
£77,500 - £193,750
10-25% of property value
Target Value
£419,428
10% above area average per sq ft
Potential ROI
-56.7%
After renovation
Monthly Sales
36
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (BS23)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 3.1%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on BS23 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

Woodland Road, Weston-super-Mare
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