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Herne Rise, Ilminster, Somerset, TA19 - Image 1
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Herne Rise, Ilminster, Somerset, TA19

South West

£250,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
849 sqft

Description

This three-bedroom semi-detached house presents a valuable opportunity for renovation in a sought-after area of Ilminster, offered with no onward chain. With off-road parking and an enclosed garden, this property is well-positioned to become a comfortable family home or investment project. The layout includes an entrance hall leading to a spacious sitting room that connects seamlessly to the dining area, creating potential for modern open-plan living. The kitchen, while functional, would benefit from updates and lends itself well to integration with the dining space, should one wish to reconfigure the interior. The conservatory offers additional space that could be transformed into a cozy retreat during warmer months. Upstairs, you'll find two good-sized double bedrooms alongside a single bedroom and a family shower room, all in need of modernization. This property provides an exciting blank canvas, ideal for those wishing to put their stamp on it through extensive updating or reconfiguration. Nestled in a location rich with amenities including shops, schools, and recreational facilities, this home benefits from excellent transport links via road and rail. Whether you're looking to invest or create your dream home in one of Ilminster's popular residential neighborhoods, this property warrants attention.

Investment Analysis

(TA19 area)

Below Market Value

This property is priced -2.5% below area average per sq ft

-2.5%
Potential saving
This Property
£294/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£281,991
10% above area average per sq ft
Potential ROI
-2.8%
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

Herne Rise, 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
£916
Based on a loan of £187,500 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