Worst House on the Street Logo
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 1
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 2
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 3
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 4
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 5
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 6
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 7
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 8
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 9
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 10
Balsam Park, Wincanton, Somerset, BA9 9HB - Image 11

Balsam Park, Wincanton, Somerset, BA9 9HB

South West

£425,000
Listed on 17/04/2024

Property Details

Bedrooms
5
Type
Detached house
Area
1408 sqft

Description

This spacious family home is nestled in a tranquil cul-de-sac, offering a balance of privacy and accessibility to nearby town amenities. The property greets you with an entrance porch that opens into a generous hallway, setting the stage for the versatile layout within. The ground floor features two flexible rooms that currently serve as bedrooms but could easily be transformed into a study, home office, or creative space to suit your needs. The light-filled sitting room and dining area offer direct access to the garden, creating a seamless indoor-outdoor flow that's perfect for family gatherings or relaxation. The kitchen is equipped with modern wall and base units, along with essential appliances, providing a solid foundation for future enhancements. Moving upstairs, you'll find three additional bedrooms, including one that boasts an en-suite and dressing room—ideal for a private retreat. A family bathroom rounds out this level, ensuring convenience for all occupants. The outdoor space includes a sizable south-facing garden predominantly laid to lawn, providing ample room for children's play or gardening potential. There’s also off-road parking available for 2-3 vehicles and opportunities to develop further—such as constructing a garage—pending necessary planning approvals. This property not only serves as an ample family home but also presents considerable renovation and investment potential in a desirable location within Somerset Council's jurisdiction. With its freehold tenure and efficient utilities—including mains electricity, gas, water, drainage, and telephone—this home is ready for your touches while remaining functional as it stands.

Investment Analysis

(BA9 area)

Above Market Value

This property is priced +0.8% above area average per sq ft

+0.8%
This Property
£302/sq ft
Area Average
£299/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£463,788
10% above area average per sq ft
Potential ROI
+1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BA9)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.6%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on BA9 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

Balsam Park, Wincanton, Somerset, BA9 9HB
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE