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Jakes Lane, Chacewater

South West

£150,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

Nestled in a central location within Chacewater, this two-bedroom property offers both convenience and potential for renovation. Just a short stroll from village amenities, it provides easy access to local shops and services, making it an ideal base for those seeking a blend of accessibility and small-town charm. The layout is currently configured as a two-bedroom dwelling, although it can be adapted to suit various needs, potentially serving as a comfortable one-bedroom residence with an additional room perfect for a study or home office. The open-plan kitchen and living area deliver a functional space that could benefit from modern updates. The kitchen comes equipped with an integrated oven and hob, along with space for under-counter appliances, while the bathroom features necessary amenities such as a shower over the bath, hand wash basin, and WC. This property does require some modernization but presents an excellent opportunity for buyers looking to create their own personalized living space. With its compact design and manageable size, it stands as a blank canvas waiting for the right touches that could enhance its value significantly. Accessed via a pedestrian pathway on Jakes Lane, the property has nearby parking options within walking distance, allowing for easy transitions in and out of the home. Given its prime location and renovation potential, this property represents not only a personal retreat but also an investment opportunity in a desirable area. For those interested in exploring further possibilities for development or rental income, this property holds promise due to its adaptable layout and sought-after location.

Investment Analysis

(TR4 area)
Area Average
£347/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by +4.5% over the last 12 months
3 year growth: -8.8%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on TR4 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

Jakes Lane, Chacewater
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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
£549
Based on a loan of £112,500 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