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Periton Road, Minehead, Somerset, TA24 - Image 1
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Periton Road, Minehead, Somerset, TA24 - Image 4
Periton Road, Minehead, Somerset, TA24 - Image 5

Periton Road, Minehead, Somerset, TA24

South West

£825,000
Listed on 05/06/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This substantial five-bedroom residence, constructed in 1900, presents an excellent opportunity for renovation and investment. Nestled on a generous plot overlooking North Hill and Exmoor, the property features distinctive period characteristics including servant bells, decorative architraves, and picture rails. Despite its classic charm, it also boasts modern upgrades such as gas central heating and a burglar alarm system. The expansive interior offers ample room for reconfiguration, with five generously sized double bedrooms and a loft space that could be converted subject to necessary permissions. The wrap-around garden serves as both a tranquil retreat and an ideal setting for outdoor entertaining against stunning views of the surrounding countryside. A separate brick-built annexe adds further appeal; currently providing a versatile living area with vaulted ceilings, kitchen facilities, and a WC, it could serve as guest accommodation or additional rental potential. The extensive driveway can accommodate multiple vehicles and includes a garage/workshop that holds promise for conversion into office or studio space. While the property is livable as-is, those looking to add value may consider updating the interiors throughout to enhance functionality and aesthetics while retaining its original character. With great potential for personalization and expansion in one of Somerset's sought-after areas, this property invites creative vision for future enhancement.

Investment Analysis

(TA24 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TA24)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -3.3%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on TA24 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

Periton Road, Minehead, Somerset, TA24
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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
£3,022
Based on a loan of £618,750 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