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Eleighwater, Chard, Somerset, TA20 - Image 1
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Eleighwater, Chard, Somerset, TA20

South West

£440,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1172 sqft

Description

This former farmhouse sits in an elevated position on the northern outskirts of Chard, offering a prime opportunity for those interested in renovation and investment. With three bedrooms, the property is spread across a generous layout that presents significant potential for updating and expansion, subject to necessary planning permissions. The main living space includes two well-proportioned reception rooms that boast double-aspect windows, allowing for plenty of natural light and enjoyable views of the surrounding countryside. A kitchen with similar scenic views adds to the property's charm, while a convenient cloakroom completes the ground floor. Upstairs, two spacious double bedrooms provide ample accommodation alongside a third single bedroom and a family bathroom. Constructed from robust materials and featuring UPVC double glazing and oil-fired central heating, the property offers a solid foundation for future improvements. The extensive outbuildings present additional opportunities; these include three former loose boxes and two large workshop spaces equipped with electricity. These structures could be transformed for various uses or further developed as part of personal or business ventures. Accessed via double gates from the public highway, the property boasts a wide concrete yard alongside an enclosed garden area predominantly laid to lawn. This outdoor space offers privacy and potential landscaping opportunities. Situated just two miles from Chard's town center, residents benefit from easy access to local amenities such as supermarkets, shops, schools, and leisure facilities. The location also benefits from excellent transport links to both the A303 and M5 motorways, with mainline rail services available at nearby Crewkerne and Taunton. Moreover, the stunning Jurassic Coast at Lyme Regis is within reach, adding further appeal to this location. Whether you’re looking to modernize a charming home or explore investment possibilities through renovations or conversions in an attractive rural setting, this property represents an interesting prospect worth considering.

Investment Analysis

(TA20 area)

Above Market Value

This property is priced +30.8% above area average per sq ft

+30.8%
This Property
£375/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£370,000
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.2%
5 year growth: 14.2%
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

Eleighwater, Chard, Somerset, TA20
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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
£1,612
Based on a loan of £330,000 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