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Fore Street, Beacon

South West

£115,000
Listed on 11/06/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1280 sqft

Description

This two-storey mid-terrace cottage presents a promising opportunity for renovation and investment in a sought-after residential area. Comprising three bedrooms, the property offers ample space for those looking to embark on a refurbishment project that can enhance its value for resale or rental. The ground floor features a traditional layout with a welcoming hallway, living room, dining room, and kitchen, along with a bathroom/WC. The arrangement allows for flexible design options to modernize the living spaces and improve functionality. Moving upstairs, the landing leads to three well-proportioned bedrooms, suitable for family living or accommodating tenants. Outside, there is a small front garden that adds to the property’s curb appeal, while the primary garden is located at the rear—an ideal spot for outdoor relaxation or potential landscaping improvements. Situated in a popular area known for its residential desirability and rental potential, this property is positioned to attract both homeowners and investors alike. Its freehold status with vacant possession further enhances its appeal by allowing immediate renovations and quick turnover. With ultrafast broadband available and good mobile coverage likely both indoors and outdoors, future occupants will benefit from modern connectivity—a significant advantage in today’s market. This cottage stands as an attractive proposition for builders and investors seeking a manageable project with considerable scope for improvement. The potential transformations here could significantly increase the property's market value over time.

Investment Analysis

(TR14 area)

Below Market Value

This property is priced -67.6% below area average per sq ft

-67.6%
Potential saving
This Property
£90/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£11,500 - £28,750
10-25% of property value
Target Value
£390,579
10% above area average per sq ft
Potential ROI
+171.7%
After renovation
Monthly Sales
20
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (TR14)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 6.8%
5 year growth: 30.6%
Investment Disclaimer: Analysis based on TR14 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

Fore Street, Beacon
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