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Elizabeth Way, Bridgwater, Somerset, TA6 - Image 1
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Elizabeth Way, Bridgwater, Somerset, TA6

South West

£175,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
538 sqft

Description

This semi-detached bungalow presents a noteworthy renovation opportunity for those looking to invest in a property with potential. While the home requires comprehensive updating throughout, it features essential amenities such as off-road parking and a single garage, making it a practical choice for future enhancements. Furthermore, the property is being sold with no onward chain, facilitating a smoother transaction. The layout of the home includes an entrance that leads into a convenient hallway/porch area, providing access to the spacious living room, which is filled with natural light. The living room connects seamlessly to the kitchen, bedrooms, and shower room. The kitchen, situated behind a sliding door, showcases a selection of wall and base units with ample space allocated for appliances. At the rear are two bedrooms; the main bedroom is complemented by a wet room, while the second bedroom can easily serve as a study. Notably, this second bedroom also opens directly into a conservatory that leads out to the garden area. Located on the desirable east side of Bridgwater, this bungalow benefits from proximity to well-regarded local schools and Bridgwater & Taunton College. Residents will appreciate easy access to various amenities and the mainline train station just a short walk away. Commuters will find quick entry to the M5 motorway at Junction 23 within five minutes’ drive and convenient bus routes servicing Hinkley Point. Outside, the property includes a rear garden alongside the garage and side access back to the front yard which provides off-road parking for one vehicle and features some landscaping potential. This residence is ideally suited for first-time buyers or investors ready to realize its full potential through thoughtful refurbishment. Early viewing is recommended to explore its possibilities further.

Investment Analysis

(TA6 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£325/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.1%

Renovation Potential

Est. Renovation Cost
£17,500 - £43,750
10-25% of property value
Target Value
£161,561
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Monthly Sales
30
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (TA6)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.8%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on TA6 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

Elizabeth Way, Bridgwater, Somerset, TA6
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