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Ashwell, Ilminster, Somerset, TA19 - Image 1
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Ashwell, Ilminster, Somerset, TA19

South West

£180,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
753 sqft

Description

This 2-bedroom detached lodge presents a unique opportunity for those looking to invest in a renovation project with significant potential. Nestled on the outskirts of Ilminster, this property offers both privacy and stunning views of the surrounding countryside. The interior layout includes an entrance porch leading into two generously sized double bedrooms, a bathroom, and a combination sitting room and dining area that connects seamlessly to the kitchen. While the lodge requires modernization, it serves as a blank canvas ready for creative transformation, ideal for individuals or families seeking to make their mark on a charming home. Located approximately three-quarters of a mile from the centre of Ilminster, this property benefits from proximity to essential amenities, including shops, schools, and various churches. The town is rich in character with many buildings set within a conservation area, providing a lovely backdrop for daily life. Additionally, major transport links are easily accessible, connecting you to Taunton (12 miles), Chard (5 miles), Yeovil (14 miles), and the South Coast (18 miles). Outside, the grounds feature a pathway encircling the lodge and an area suitable for outdoor dining during warmer months. The panoramic views of rolling hills enhance the property's appeal and emphasize its tranquil setting. Although designated parking isn’t available on-site, unrestricted on-road parking ensures convenience. This lodge represents not just a home but an investment opportunity in an increasingly desirable location—perfectly positioned for those eager to embark on their renovation journey while enjoying all that Ilminster has to offer.

Investment Analysis

(TA19 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£239/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£250,105
10% above area average per sq ft
Potential ROI
+13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TA19)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -2.3%
5 year growth: 5.2%
Investment Disclaimer: Analysis based on TA19 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

Ashwell, Ilminster, Somerset, TA19
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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
£659
Based on a loan of £135,000 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.

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