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North Road, Midsomer Norton, Radstock, BA3

South West

£375,000
Listed on 21/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
840 sqft

Description

This detached bungalow presents an excellent opportunity for renovation and investment, situated conveniently close to the town center. With two bedrooms currently, the property already has planning permission to extend into a three-bedroom home, making it ideal for those looking to maximize its potential. The groundwork for this extension is already underway, with footings in place and new roof trusses ready for installation. The layout features an entrance porch leading to a welcoming hallway, a spacious sitting room complete with a feature fireplace, and a generous kitchen/diner that opens out to the garden. The two bedrooms are complemented by a bathroom, providing immediate living arrangements while you consider further enhancements. An additional highlight of this property is the self-contained annexe located within the expansive gardens. This versatile space includes an open plan kitchen/living/bedroom area along with a separate bathroom, ideal for generating rental income or serving as an Airbnb. Outside, the front of the bungalow boasts ample driveway parking suitable for multiple vehicles, bordered by mature flowerbeds that add to its charm. Access leads around the side of the property to a well-sized rear garden, which is enclosed by walls and hedging. Here you will find a diverse collection of mature trees and shrubs alongside lawned areas, vegetable patches, and even a greenhouse—ideal for gardening enthusiasts. Midsomer Norton itself offers a blend of rural beauty and urban convenience nestled between Bath and the Mendip Hills. Known for its historical significance as a traditional market town, it features local shopping options along with essential services catering to residents’ needs. Families will appreciate access to several primary schools and secondary schools in the vicinity, as well as local leisure facilities and sports clubs. Overall, this property not only provides comfortable living spaces but also significant potential for expansion and investment in a desirable location.

Investment Analysis

(BA3 area)

Above Market Value

This property is priced +36.2% above area average per sq ft

+36.2%
This Property
£446/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£302,933
10% above area average per sq ft
Potential ROI
-30.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BA3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 2.1%
5 year growth: 18.8%
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

North Road, Midsomer Norton, Radstock, BA3
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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
£1,374
Based on a loan of £281,250 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