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Elder Close, Chard, Somerset, TA20 - Image 1
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Elder Close, Chard, Somerset, TA20 - Image 3
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Elder Close, Chard, Somerset, TA20 - Image 5
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Elder Close, Chard, Somerset, TA20 - Image 7
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Elder Close, Chard, Somerset, TA20 - Image 9
Elder Close, Chard, Somerset, TA20 - Image 10
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Elder Close, Chard, Somerset, TA20

South West

£235,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
983 sqft

Description

This semi-detached bungalow features three bedrooms and presents a valuable opportunity for renovation or investment. Nestled within a quiet cul-de-sac, the property benefits from off-street parking and includes a garage, making it practical for everyday living. Inside, the spacious layout begins with an entrance lobby that leads into a welcoming hallway. The three bedrooms are generously sized, one of which includes an en-suite bathroom and has direct access to a utility area with its own separate entrance—an appealing feature for those considering potential rental options. The main family bathroom is fully tiled and equipped with a walk-in shower. The sitting room enjoys ample natural light and offers pleasant views, while the kitchen provides plenty of storage space. A conservatory at the rear of the property overlooks the garden, creating an inviting space to enjoy year-round. Located just half a mile from the town center, this bungalow is in proximity to various amenities including supermarkets, local shops, a leisure center, and medical services. For commuters, Taunton is only 14 miles to the north with easy access to the M5 motorway. Additionally, the renowned Jurassic Coast at Lyme Regis lies just a short drive to the south. The front garden is primarily gravelled for low maintenance, leading up to the front porch. At the back, you'll find a paved garden with steps leading up to additional gravel parking. There's also a lawn area along with a garden shed for extra storage. This property offers significant renovation potential in an area known for its appeal and convenience—ideal for those looking to invest or modernize their new home.

Investment Analysis

(TA20 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£239/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£23,500 - £58,750
10-25% of property value
Target Value
£313,199
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 4.4%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on TA20 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

Elder Close, Chard, Somerset, TA20
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