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Millbridge Gardens, Minehead, Somerset, TA24 - Image 1
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Millbridge Gardens, Minehead, Somerset, TA24

South West

£250,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
745 sqft

Description

This semi-detached bungalow offers a solid foundation for renovation and personalization, conveniently located near the town center with easy access to local amenities. The property is being sold with no onward chain, allowing for a smoother transition for potential buyers. Though the bungalow requires updating, it comes equipped with essential features such as gas-fired central heating and double glazing throughout, ensuring a comfortable living environment. The integral garage offers off-road parking, while the garden presents an opportunity for landscaping or outdoor enhancements. Inside, the layout includes an entrance porch leading to a spacious hall that connects all rooms. The lounge diner is generously sized and enhanced by natural light from the front window along with a feature fireplace that could serve as a focal point after some refurbishing. The kitchen is functional, featuring wall and base units alongside an integrated oven and gas hob—ideal for those looking to modernize or reconfigure the space to better suit their needs. Both bedrooms are situated at the rear of the property, overlooking the garden, while one bedroom includes three fitted cupboards, offering ample storage solutions. The shower room consists of a corner shower unit, a wash basin set into a vanity unit, and a WC—elements that could benefit from updating to align with contemporary standards. Externally, there is off-road parking leading to the garage, which benefits from power and light. The front garden has been laid with gravel and features established shrubs. Additionally, there are side and rear gardens available; these could be ideal for expansion or further gardening projects. This property's favorable location combined with its renovation potential makes it an appealing prospect for investors or homeowners looking to create their ideal living space. With mains water, electricity, drainage, and central heating connected, prospective buyers have a solid starting point from which to build upon. For those considering investment opportunities in this area, this bungalow shows promise due to its location and the potential value that can be added through thoughtful renovations.

Investment Analysis

(TA24 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£336/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£248,145
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TA24)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 0.0%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on TA24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Millbridge Gardens, Minehead, Somerset, TA24
Map showing location of Millbridge Gardens, Minehead, Somerset, TA24
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