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Four Acre Mead, Bishops Lydeard, Taunton

South West

£320,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1136 sqft

Description

This charming three-bedroom detached bungalow presents a valuable opportunity for renovation and investment. Nestled within generous gardens, the property enjoys a peaceful setting in a well-regarded village located just six miles northwest of Taunton, known for its community spirit and local amenities. The spacious lounge and dining area offer a versatile living space that can be easily adapted to modern tastes. The kitchen, while functional, invites fresh ideas for updates that could enhance both its style and efficiency. Additionally, the property includes a garage and parking space, providing convenience and potential for further development. Given its location in an attractive village with strong community ties, this bungalow stands as an appealing project for those looking to create their ideal home or to capitalize on the rental market. With no onward chain, interested parties can move forward swiftly on this promising investment opportunity. The freehold status adds another layer of appeal, allowing for flexibility in future modifications or expansions.

Investment Analysis

(TA4 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£282/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£375,505
10% above area average per sq ft
Potential ROI
+7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TA4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.4%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on TA4 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

Four Acre Mead, Bishops Lydeard, Taunton
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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
£1,172
Based on a loan of £240,000 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