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High Street, Stogursey, Bridgwater, TA5

South West

£250,000
Listed on 28/03/2024

Property Details

Bedrooms
3
Type
Terraced house
Area
1120 sqft

Description

This charming period cottage is situated in the sought-after village of Stogursey, offering a blend of character and renovation potential for those looking to invest or create a personalized living space. The property features flexible accommodation spread across two levels, making it suitable for various lifestyles. Upon entering, you are welcomed into a cozy dining area that flows seamlessly into the kitchen. The kitchen comes equipped with a range of wall and base units, although it presents an opportunity for modernization, particularly in the adjacent utility room, which includes access to a rear garden. A ground-floor lounge provides a spacious front aspect with an inviting inglenook fireplace, adding to the property’s character and warmth. The first floor accommodates three well-sized bedrooms along with a family bathroom featuring a three-piece suite and shower over bath. Each room offers the possibility for updates that can elevate both comfort and style, ensuring the home meets contemporary standards while retaining its historic charm. The outdoor space consists of a low-maintenance walled garden that incorporates an attached summer house. This versatile structure could serve as an inspiring workspace or hobby room, enhancing the property's functionality. Located centrally within Stogursey, this cottage enjoys proximity to local amenities including a church, primary school, shop, pub, and café. With the coastline just a short distance away and easy access to the stunning Quantock Hills—an Area of Outstanding Natural Beauty—outdoor pursuits are readily available for nature enthusiasts. Bridgwater lies approximately nine miles south and provides extensive shopping and leisure options, while Taunton offers even broader amenities accessible by road or rail. For those considering renovation opportunities or investment potential in this attractive village setting, early viewing is recommended to fully appreciate what this property has to offer.

Investment Analysis

(TA5 area)

Below Market Value

This property is priced -23.0% below area average per sq ft

-23.0%
Potential saving
This Property
£223/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£263
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£357,342
10% above area average per sq ft
Potential ROI
+29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TA5)

Area prices are rising by +10.6% over the last 12 months
3 year growth: 6.5%
5 year growth: 28.1%
Investment Disclaimer: Analysis based on TA5 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

High Street, Stogursey, Bridgwater, TA5
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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
£916
Based on a loan of £187,500 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