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Market Street, Crewkerne, Somerset, TA18 - Image 1
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Market Street, Crewkerne, Somerset, TA18

South West

£300,000
Listed on 12/07/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for those looking to capitalize on its renovation and investment potential. With its flexible zoning, there are various possibilities for mixed-use development, including the option for part-residential conversion, pending necessary consents. Situated in the heart of a vibrant and well-connected market town, the location is poised to attract both commercial tenants and residential buyers. The central positioning means that amenities, transportation links, and community services are easily accessible, making it an attractive site for future tenants or homeowners. The building itself is a significant asset that invites creative reimagining. Whether you're a developer aiming to maximize its potential or an owner-occupier seeking a project with substantial value-add opportunities, this property offers a blank canvas for innovation. As an added benefit, this opportunity is being sold through online auction, which allows interested parties to engage competitively while navigating the purchasing process efficiently. The completion timeline is relatively short, requiring closure within 28 days post-auction. Prospective buyers should conduct their due diligence regarding planning permissions through the local council to ensure their intended use aligns with current regulations. This property not only stands as a solid investment but also as an opportunity to shape a piece of real estate in a desirable location.

Investment Analysis

(TA18 area)
Area Average
£279/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
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
19%
Properties sold annually

Local Market Trend (TA18)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 4.4%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on TA18 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

Market Street, Crewkerne, Somerset, TA18
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE