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Steeds Terrace, Benter, BA3

South West

£450,000
Listed on 10/09/2024

Property Details

Bedrooms
3
Type
Character Property
Area
1123 sqft

Description

This charming property, with origins tracing back to the early 20th century, boasts a rich history as the former residence and workshop of a renowned local toolmaker. The character of the home is evident in its well-sized living spaces, accessible via a partially glazed porch leading into the inviting sitting room featuring an attractive exposed brick fireplace and multi-fuel burner. An adjoining staircase connects to the first floor, where two double bedrooms showcase exposed floorboards and scenic countryside views. The third bedroom, currently serving as an office, presents potential for conversion into a nursery or dressing room. The kitchen/dining area at the back of the house is fitted with solid wooden countertops and a double Belfast sink, complemented by French doors that open onto a terrace overlooking the rear garden. This outdoor space has been thoughtfully landscaped for low maintenance, offering ample areas for seating and entertainment amidst well-planted beds. Additionally, there is a timber cabin workshop with electricity that could serve multiple purposes such as a studio or gym. With some renovations, this property could realize its full investment potential while preserving its historic charm. Opportunities for upgrading kitchen fittings and refreshing bathroom components can enhance both comfort and value. The presence of an attached garage/workshop adds further utility to this versatile property.

Investment Analysis

(BA3 area)

Above Market Value

This property is priced +23.5% above area average per sq ft

+23.5%
This Property
£401/sq ft
Area Average
£324/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£400,793
10% above area average per sq ft
Potential ROI
-19.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BA3)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -3.6%
5 year growth: +13.8%
Investment Disclaimer: Analysis based on BA3 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

Steeds Terrace, Benter, BA3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-7.2% since listed
£450,000£25,000(-5.3%)
04/03/2026
Current price
£475,000£10,000(-2.1%)
02/04/2025
£485,000Initial listing
10/09/2024

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