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Manor Road, Mere

South West

£230,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1004 sqft

Description

Nestled in the vibrant town of Mere, this historic detached stone cottage, dating back to the 1700s, presents a unique opportunity for those looking to invest in a property with distinct character and significant renovation potential. Located just a short walk from the town center, the home is ideally positioned for easy access to local amenities while maintaining a sense of privacy. Upon entering, you are welcomed into a spacious sitting room that features charming period details such as exposed ceiling beams and deep window sills. The three windows allow natural light to fill the room, creating an inviting atmosphere suitable for both relaxing evenings and entertaining guests. Adjacent to the sitting room is a generously sized kitchen/dining area that offers ample space for culinary pursuits and social gatherings. This area is ripe for personalization, allowing you to tailor it to your style and preferences. The upstairs layout consists of a well-proportioned double bedroom and a cozy single bedroom, both providing lovely views of the surrounding downs. These rooms present an excellent opportunity for customization, as does the neat bathroom which has been fitted with modern fixtures. Outside, the property features a private courtyard garden that invites outdoor living with plenty of room for seating or gardening projects. Additionally, off-street parking ensures convenience. A notable feature of this property is its two outbuildings; these structures hold great potential for conversion—subject to relevant permissions—which could serve various purposes such as home offices or hobby spaces. With no onward chain, this cottage represents an attractive proposition whether you are a first-time buyer seeking charm or an investor eyeing future possibilities. The combination of historical appeal and room for modernization makes this property not just a house but also an exciting investment opportunity ready for your vision.

Investment Analysis

(BA12 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£229/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£351,917
10% above area average per sq ft
Potential ROI
+35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BA12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -6.4%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on BA12 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

Manor Road, Mere
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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
£843
Based on a loan of £172,500 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