Worst House on the Street Logo
Lower Street, Merriott - Image 1
Lower Street, Merriott - Image 2
Lower Street, Merriott - Image 3
Lower Street, Merriott - Image 4
Lower Street, Merriott - Image 5
Lower Street, Merriott - Image 6
Lower Street, Merriott - Image 7
Lower Street, Merriott - Image 8
Lower Street, Merriott - Image 9
Lower Street, Merriott - Image 10
Lower Street, Merriott - Image 11

Lower Street, Merriott

South West

£385,000
Listed on 15/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1383 sqft

Description

This charming former stone cottage, originally two separate homes from the early 20th century, presents a unique renovation opportunity. The property boasts an expansive barn that was previously a standalone structure, now serving as a double garage and workshop. With some reimagining and necessary updates, this space could be transformed into various functional uses, subject to planning permission—be it for additional living quarters or hobby spaces. The interior offers an inviting layout with potential for modernization. The entrance lobby leads to a dining room and a fitted kitchen overlooking the garden, currently equipped with cream shaker-style units but primed for an upgrade. A spacious sitting room features dual aspects and houses a traditional brick fireplace. The adjoining conservatory enhances natural light and connects seamlessly with outdoor entertaining areas. Upstairs hosts three double bedrooms with built-in storage opportunities in the main bedroom, while the family bathroom awaits aesthetic enhancement. Outside, the cottage is framed by garden areas that could benefit from landscaping improvements and features a significant patio area ideal for outdoor use. The property is complemented by its proximity to local amenities in Merriott village and accessible road links to larger towns, making it not only a home but also an investment opportunity in an appealing rural setting.

Investment Analysis

(TA16 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£278/sq ft
Area Average
£294/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£447,262
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (TA16)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on TA16 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

Lower Street, Merriott
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,389
Based on a loan of £288,750 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates