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Lower Whitelands, Somerset BA3

South West

£265,000
Listed on 28/04/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1140 sqft

Description

Nestled on the outskirts of town within a semi-rural conservation area, this charming three-storey stone cottage presents an appealing opportunity for renovation and personal customization. Offering three bedrooms, the property features well-proportioned living spaces spread across its levels, making it ideal for those looking to invest their creativity. The ground floor includes an entrance porch leading into a generous sitting/dining room, a kitchen, and a conveniently located downstairs bathroom. Ascending to the first floor, you will find two comfortable bedrooms. The third floor hosts a spacious main bedroom that holds potential for transformation; it could easily be divided into two separate rooms to maximize usable space. While the cottage requires updating throughout, it is equipped with gas central heating and PVCu double glazing—features that add value while you contemplate your renovation plans. Outside, the property boasts a 250ft garden that currently awaits cultivation; this outdoor space adjoins a cycle path that offers scenic rural walks and easy access to Bath. Properties in this desirable area consistently attract interest due to their charm and location. This cottage not only represents a chance to create a personalized living environment but also serves as a sound investment in an evolving neighborhood. An early viewing is encouraged to fully appreciate the potential this home has to offer.

Investment Analysis

(BA3 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£232/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£411,124
10% above area average per sq ft
Potential ROI
+34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BA3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 2.1%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on BA3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Lower Whitelands, Somerset BA3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£971
Based on a loan of £198,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE