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Woodland Road, Weston-super-Mare

South West

£775,000
Listed on 17/08/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1981 sqft

Description

Nestled in a sought-after area near the seafront, this spacious detached family home presents an excellent opportunity for renovation and investment. Built around 1939, the property retains many original features while offering generous room sizes and high ceilings that create a bright and open atmosphere throughout. The layout begins with a welcoming entrance hall leading to a cloakroom. The dual-aspect sitting room is designed to capitalize on natural light, while the adjacent dining room features French doors that open to the substantial rear garden. A well-sized kitchen connects to a study, utility room, and a large integral garage, providing ample space for reconfiguration or modern updates. On the upper level, three comfortably sized bedrooms include an ensuite bathroom for the master, alongside a sizable family bathroom. Additionally, the expansive loft offers significant potential for conversion into additional living space (subject to necessary permissions). Externally, the property boasts considerable curb appeal with its gated driveway and low-maintenance front garden bordered by an attractive stone wall. The rear garden is particularly noteworthy; it is primarily laid to lawn and features a patio area for outdoor enjoyment. A detached structure at the far end of the garden currently provides two large rooms along with a tandem garage. This outbuilding has been granted planning permission (Application Number: 23/P/1871/FUL) to be transformed into a two-bedroom dwelling—an option that could yield rental income or serve as accommodation for extended family. This residence is ideally suited for families looking for space or investors exploring dual occupancy possibilities. Its location ensures easy access to local amenities in Weston-Super-Mare, including shops, healthcare facilities, cultural venues like theaters and museums, as well as leisure activities at the nearby seafront. The surrounding area offers excellent educational options with state schools in Lympsham and Weston-Super-Mare, alongside independent institutions such as Sidcot School just four miles away. Connectivity is convenient with nearby access to major roadways like the M5 and mainline rail services in Weston. Bristol Airport is also within easy reach, enhancing travel opportunities both nationally and internationally. With its blend of space, location advantages, and promising renovation prospects, this property stands out as an attractive investment opportunity in an appealing coastal town setting.

Investment Analysis

(BS23 area)

Above Market Value

This property is priced +55.1% above area average per sq ft

+55.1%
This Property
£391/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£549,678
10% above area average per sq ft
Potential ROI
-36.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BS23)

Area prices are falling by +6.7% over the last 12 months
3 year growth: -1.4%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on BS23 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

Woodland Road, Weston-super-Mare
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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
£2,839
Based on a loan of £581,250 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