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Combe St. Nicholas, Chard, Somerset, TA20

South West

£335,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1342 sqft

Description

This detached chalet bungalow offers an intriguing renovation opportunity in a desirable village setting. Featuring two bedrooms with the potential for a third, this property is positioned in an elevated location that affords pleasant views. Originally built in the late 1960s, it has been held by the same family for many years, providing a blank canvas for new owners to modernize according to their preferences. The spacious layout includes a bright sitting room with a conservatory, a kitchen, and a dining room that could easily function as an additional bedroom. On the upper floor, there are two generously sized double bedrooms along with an en-suite cloakroom. While the property benefits from oil-fired central heating and UPVC double glazing, it requires comprehensive refurbishment throughout to unlock its full potential. Situated just off the center of this vibrant village, residents can enjoy easy access to local amenities such as a post office/general store, community hall, primary school, traditional pub, and regular bus services. The larger town of Chard is only 2.5 miles away and offers major supermarkets along with excellent educational and recreational facilities. For those who appreciate natural beauty, the World Heritage Jurassic Coast is approximately 16 miles to the south at Lyme Regis. The property is set on a generous plot that features well-established gardens predominantly laid to lawn, complemented by various shrubs and flowering plants. Additional outdoor features include a former vegetable garden, greenhouse, sheds for storage, as well as a single garage and carport accessible via a long tarmac driveway. With its prime location and substantial grounds, this bungalow presents an appealing investment opportunity for buyers looking to create their ideal home while enhancing its market value through strategic renovations.

Investment Analysis

(TA20 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£250/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£423,669
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.2%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on TA20 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

Combe St. Nicholas, Chard, Somerset, TA20
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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
£1,227
Based on a loan of £251,250 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