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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 -66.8% below area average per sq ft

-66.8%
Potential saving
This Property
£90/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£381,146
10% above area average per sq ft
Potential ROI
+145.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TR14)

Area prices are falling by +3.4% over the last 12 months
3 year growth: 0.9%
5 year growth: 22.0%
Investment Disclaimer: Analysis based on TR14 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

Fore Street, Beacon
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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
£421
Based on a loan of £86,250 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