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Bonds Row, Porlock, Minehead, TA24

South West

£210,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1003 sqft

Description

This charming period cottage is nestled in a highly desirable village, known for its convenient amenities and picturesque surroundings. While the property showcases a wealth of character, it does require modernization, offering a unique opportunity for buyers looking to invest in renovations or updates that could enhance both comfort and value. The generously proportioned living spaces are spread across two floors. The entrance leads into a welcoming hall that flows into the sitting room, enhanced by large windows that invite natural light and feature a traditional fireplace. Adjacent to this, a second reception room currently serves as a dining area, featuring another inviting brick fireplace with an open fire—perfect for cozy gatherings. The kitchen, equipped with essential units and plentiful space for appliances, is functional as-is but presents ample potential for an upgrade to modern standards. On the first floor, you will find three well-sized bedrooms: two doubles and a sizable single room that can easily accommodate various needs. Completing the interior is the family bathroom, which includes key fixtures such as a panel bath and vanity unit—another area where improvements could significantly increase appeal. Externally, the cottage features quaint gardens at both the front and side. The front garden is enclosed and adorned with traditional cottage plants, providing an idyllic setting. Meanwhile, the rear garden offers a blend of concrete space edged with shrubs and includes a timber shed for additional storage. Notably, there’s also a single-storey outbuilding currently used for storage; this space holds promise for conversion into additional living space or even as a home office subject to securing the necessary permissions. Located within Exmoor National Park, this property provides access to numerous outdoor activities including hiking and cycling. The village itself boasts everyday conveniences such as shops, pubs, and recreational facilities while being just two miles from Porlock Weir’s coastline. Minehead is approximately six miles away for more extensive shopping options, while Taunton offers transport links to rail networks and motorways about thirty miles from your doorstep. With its blend of character features and renovation potential in such an ideal location, this cottage represents an excellent investment opportunity for those seeking both charm and flexibility in their next home or project.

Investment Analysis

(TA24 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£209/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£321,777
10% above area average per sq ft
Potential ROI
+28.7%
After renovation
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

Bonds Row, Porlock, Minehead, 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
£769
Based on a loan of £157,500 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