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Shiremoor Hill, Merriott

South West

£625,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
4765 sqft

Description

This historic three-bedroom detached cottage, dating back to the 16th century, presents a unique opportunity for investors and renovators. The property features a large, private courtyard flanked by multiple outbuildings, including an already converted home office that serves as an annexe. Further development potential exists for these outbuildings, subject to obtaining the necessary planning permissions. The Grade II listed status of this hamstone property adds character and charm while providing opportunities for restoration and upgrading. Nestled in the vibrant village of Merriott, the cottage is conveniently located within two miles of Crewkerne, which boasts a variety of shops and amenities, including a Waitrose supermarket and sports facilities. The property itself retains historic features such as exposed beams and a traditional Inglenook fireplace, but will require some modernisation. The grounds extend to approximately 0.33 acres and provide ample space for landscaping or additional structure developments. With existing planning consent on certain outbuildings for conversion into usable spaces, this property is ripe for transformation into a more functional residential setting or even a business venture. Key amenities include mains services and gas fired central heating along with various options for superfast broadband availability. However, prospective buyers should be aware of potential flood risks from surface water as indicated by government assessments. Overall, with thoughtful renovations, this property could become not only a charming residence but also an investment opportunity with significant value add.

Investment Analysis

(TA16 area)

Below Market Value

This property is priced -55.3% below area average per sq ft

-55.3%
Potential saving
This Property
£131/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,537,856
10% above area average per sq ft
Potential ROI
+112.1%
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
10%
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

Shiremoor Hill, Merriott
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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
£2,290
Based on a loan of £468,750 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