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North Road, Midsomer Norton, Radstock, BA3 - Image 1
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North Road, Midsomer Norton, Radstock, BA3

South West

£375,000
Listed on 21/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
839 sqft

Description

This detached two-bedroom bungalow is situated in a desirable location, offering convenient access to the town center. The property comes with the added benefit of planning permission to extend, allowing for the transformation into a three-bedroom home, which presents a unique opportunity for renovation and investment. While the bungalow currently requires modernization, it features a self-contained annexe within its generously sized gardens, providing potential for additional rental income or guest accommodation. The ample driveway parking at the front adds to the property's practicality. With thoughtful updates and expansions, this residence can realize its full potential in both comfort and value enhancement.

Investment Analysis

(BA3 area)

Above Market Value

This property is priced +34.7% above area average per sq ft

+34.7%
This Property
£447/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£276
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£306,218
10% above area average per sq ft
Potential ROI
-34.7%
After renovation
Monthly Sales
43
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (BA3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 4.0%
5 year growth: 18.5%
Investment Disclaimer: Analysis based on BA3 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

North Road, Midsomer Norton, Radstock, BA3
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