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Crimchard, Chard, Somerset, TA20

South West

£275,000
Listed on 20/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
758 sqft

Description

This detached bungalow presents an appealing opportunity for renovation, set within well-maintained gardens and ample parking options. While the property has been cared for, it would benefit from modern enhancements to fully realize its potential. The spacious lounge measures 16ft X 12ft and features dual aspects and a gas fire, creating a bright living space that could serve as the heart of the home. The accommodation includes a generously sized double bedroom, alongside two additional bedrooms—one currently used as a dining room with double glazed doors leading to the rear garden. A triple aspect kitchen at the front is equipped with built-in storage and provides access to the side garden. Security is enhanced by a gated driveway, offering off-street parking, while the front garden's layout allows for possibilities of expanding this area if desired. The outdoor space is noteworthy, featuring well-kept areas of lawn, established vegetable patches, a wooden shed, and a greenhouse, ideal for gardening enthusiasts. Additionally, there’s an expansive loft space with single glazed windows that offers potential for conversion into usable living space pending necessary approvals. Equipped with double glazing and electric night storage heating, plus a gas feed into the property for further heating options, this bungalow is ideally positioned to benefit from thoughtful renovations that could significantly enhance its value in the South West region.

Investment Analysis

(TA20 area)

Above Market Value

This property is priced +25.9% above area average per sq ft

+25.9%
This Property
£363/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£240,343
10% above area average per sq ft
Potential ROI
-24.9%
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
43%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -1.2%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on TA20 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

Crimchard, Chard, Somerset, TA20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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.

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