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Fair Hill, Shipham, Winscombe, BS25

South West

£450,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1161 sqft

Description

This spacious three-bedroom bungalow presents a valuable opportunity for those looking to invest or renovate in the picturesque village of Shipham. Positioned on a sizable plot, the property offers significant potential for extension and modernization, subject to the necessary planning permissions. Upon entering through the front porch, you are greeted by a hallway that leads to various living spaces on the ground floor. The expansive living room is particularly noteworthy, featuring multiple windows that flood the area with natural light and patio doors that connect seamlessly to the garden outside. The kitchen is functional and accommodates essential appliances with a range of wall and base units, creating a solid foundation for any future updates. The bungalow features three well-sized bedrooms, each equipped with built-in wardrobes; two of these overlook the garden while one faces the front. A family wet room is also present, offering a walk-in shower, basin, and WC, catering to everyday needs. Additional storage is conveniently located in a large cupboard on the landing. Externally, the property promotes off-street parking for several vehicles via a shared driveway. There’s access to both a garage with an up-and-over door and side entrance as well as to an expansive garden that not only enhances outdoor living but can be further developed with additional structures or features, pending planning approval. This garden is adorned with mature plants and trees and has previously supported various enhancements such as ponds and outbuildings like a summerhouse – perfect for hosting or enjoying seasonal leisure activities. Located within The Mendip Hills Area of Outstanding Natural Beauty, Shipham boasts a tight-knit community with essential amenities including local shops and schools. Its proximity to larger towns such as Bristol, Weston Super Mare, Wells, and Taunton makes it ideal for daily commuting while maintaining rural tranquility. The area is renowned for outdoor pursuits like horse riding, walking, and mountain biking. Local educational institutions cater to children from early years through secondary education. This bungalow not only represents an inviting home but also stands as an excellent canvas for improvement or investment in a sought-after location.

Investment Analysis

(BS25 area)

Above Market Value

This property is priced +10.0% above area average per sq ft

+10.0%
This Property
£388/sq ft
Area Average
£352/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£449,858
10% above area average per sq ft
Potential ROI
-5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BS25)

Area prices are rising by +5.3% over the last 12 months
3 year growth: 6.6%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on BS25 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

Fair Hill, Shipham, Winscombe, BS25
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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
£1,648
Based on a loan of £337,500 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