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Pound Close, Glastonbury

South West

£230,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
947 sqft

Description

This mid-terraced property presents a solid foundation for renovation, ideally located just a short stroll from the vibrant Glastonbury High Street. While it requires modernisation throughout, this space offers significant potential for investors or homeowners looking to create their ideal living environment. The layout includes a sitting room that overlooks the rear garden, a kitchen diner, a cloakroom, three bedrooms, and a bathroom, accompanied by ample storage options. The property's location enhances its appeal; it sits within easy walking distance of an array of amenities. Glastonbury is known for its rich history and cultural significance, featuring landmarks such as the iconic Tor and Abbey Ruins. For broader shopping and leisure options, the nearby town of Street is just two miles away and boasts facilities like indoor and outdoor swimming pools, Strode Theatre, and Strode College, in addition to the popular Clarks Village shopping outlets. Furthermore, the property is conveniently positioned for commuting to larger cities such as Bristol, Bath, Taunton, and Yeovil. This accessibility could make it attractive for those seeking rental opportunities or vacation homes in this historic region. In summary, with its prime location and potential for enhancement through renovation, this property represents an excellent investment opportunity in Glastonbury's real estate market.

Investment Analysis

(BA6 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£243/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£325,271
10% above area average per sq ft
Potential ROI
+20.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BA6)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 2.6%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on BA6 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

Pound Close, Glastonbury
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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