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Honeyhurst Lane, Rodney Stoke, Somerset, BS27 - Image 1
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Honeyhurst Lane, Rodney Stoke, Somerset, BS27

South West

£695,000
Listed on 26/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1082 sqft

Description

This detached bungalow presents a noteworthy opportunity for renovation and investment, situated on 3.40 acres in the scenic vicinity of Rodney Stoke. The property features a double garage, ample parking space, and a sizable outbuilding measuring approximately 2,613 square feet, ideal for a variety of uses. Upon entering the bungalow, you'll find an entrance porch leading to a hallway. The dual-aspect master bedroom benefits from an en-suite bathroom and offers potential for enhanced design and comfort. Two additional bedrooms overlook the rear garden, providing a tranquil environment. The main sitting/dining room is positioned at the front of the home and includes sliding doors that open to outdoor space, allowing natural light to flood the area. The adjoining kitchen comes equipped with essential features such as integrated appliances and ample cabinetry but could benefit from modern updates to fully realize its potential. There is also a flexible reception room which can serve as another bedroom or office space, complete with external access and its own bathroom. Externally, the drive from Honeyhurst Lane leads through double metal gates to extensive off-road parking suitable for multiple vehicles. A detached double garage offers convenient storage options, while the large outbuilding provides significant potential for conversion or expansion (subject to necessary permissions). Currently configured as an open barn with several bays, it is perfect for storing vehicles or could be repurposed for different ventures. The sprawling grounds offer various opportunities for landscaping or further development; the land provides gated vehicular access and showcases beautiful rural views towards the Mendip Hills and surrounding countryside. Located conveniently between Cheddar and Wells, Rodney Stoke is part of a vibrant community that includes essential amenities such as local pubs and access to schools in nearby Draycott. Cheddar itself is renowned not only for its stunning gorge and caves but also boasts a range of shops, restaurants, and outdoor activities suitable for various interests. With easy access to major road networks (M5 Junctions 21 and 22), this property’s combination of space, location, and investment potential make it worthy of consideration by anyone looking to capitalize on rural living in Somerset.

Investment Analysis

(BS27 area)

Above Market Value

This property is priced +97.7% above area average per sq ft

+97.7%
This Property
£642/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£386,636
10% above area average per sq ft
Potential ROI
-47.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BS27)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 0.1%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on BS27 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

Honeyhurst Lane, Rodney Stoke, Somerset, BS27
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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
£2,546
Based on a loan of £521,250 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