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Lime Close, Minehead

South West

£170,000
Listed on 25/01/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

Nestled in a quiet cul-de-sac on the outskirts of Minehead, this mid-terrace two-bedroom home presents a unique opportunity for renovation and investment. The property features an enclosed rear garden, providing potential for outdoor improvements and landscaping according to personal taste. Upon entry, you are welcomed into an entrance porch leading to a spacious lounge that boasts ample natural light from the front window. This area also features a staircase leading to the first floor, setting the stage for a comfortable living environment. The adjoining kitchen includes double-glazed windows that offer views of the garden and access through patio doors, ideal for those who envision creating an open-plan space perfect for modern living. The kitchen is equipped with fitted cabinets, a range of appliances, and has room for additional upgrades to enhance functionality. The upstairs accommodates two bedrooms that can be tailored to meet various needs—whether as guest rooms, home offices, or children's spaces. The larger bedroom benefits from rear-facing views towards North Hill, while the second bedroom offers practical dimensions with front-facing views. The bathroom includes essential fixtures and could be refreshed to reflect contemporary design trends. Outside, the rear garden awaits your creative vision—currently requiring landscaping, it can become a charming retreat or entertainment space. Additionally, the property includes shared access at the front and off-street parking adjacent to the garden. Location-wise, this home is conveniently situated near Minehead’s vibrant community amenities and serves as a gateway to Exmoor National Park. Residents enjoy easy access to local shops, schools ranging from primary through sixth form level, healthcare facilities including hospitals, as well as stunning coastal landscapes and paths designed for hiking enthusiasts. Furthermore, excellent transport links connect residents to Taunton and onward travel options for longer journeys. With significant renovation potential combined with its desirable location near both nature and community resources, this property represents an intriguing opportunity for investors or buyers looking to craft their ideal home in an appealing coastal setting.

Investment Analysis

(TA24 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Lime Close, Minehead
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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
£623
Based on a loan of £127,500 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