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West Street, Bishops Lydeard, Taunton, Somerset, TA4 - Image 1
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West Street, Bishops Lydeard, Taunton, Somerset, TA4

South West

£525,000
Listed on 20/02/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2321 sqft

Description

This spacious five-bedroom period home is situated in the center of a charming village, presenting an excellent opportunity for renovation and investment. The property features a traditional lounge and dining room with a central fireplace, along with a kitchen and breakfast room that offer potential for modern updates. The upper floor houses a master bedroom complete with an en suite shower room, alongside four additional bedrooms and a family bathroom. Each space holds promise for customization to suit contemporary living standards. Notably, the property includes an adjacent butcher shop that has obtained full planning permission for conversion into a one-bedroom apartment, adding significant value and versatility for buyers interested in expanding their investment portfolio. Outside, the property benefits from a private courtyard, double garage, and ample parking space. Located in Bishops Lydeard, residents have access to a variety of local amenities including schools, shops, pubs, and health services. Additionally, it is just under six miles from Taunton, the county town of Somerset, enhancing its appeal as both a family home and an investment opportunity in this vibrant community.

Investment Analysis

(TA4 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£226/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£767,207
10% above area average per sq ft
Potential ROI
+26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TA4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.4%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on TA4 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

West Street, Bishops Lydeard, Taunton, Somerset, TA4
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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
£1,923
Based on a loan of £393,750 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.

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