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

South West

£260,000
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 noteworthy opportunity for renovation and investment in one of Ilminster's sought-after neighborhoods. Conveniently located just off Herne Hill, the property features off-street parking and an enclosed garden, making it suitable for families and first-time buyers alike. Upon entering, you'll find a practical layout that includes an entrance hall leading to a spacious sitting room and adjoining dining room. This configuration offers flexibility for those looking to create a more contemporary, open-plan space by possibly integrating the kitchen with the dining area, subject to planning permissions. The conservatory adds an additional layer of living space, perfect for enjoying the warmer months or as a quiet retreat. Upstairs, the property comprises two double bedrooms and one single bedroom, all serviced by a family shower room. While the interior does require general updating, this presents a blank canvas ideal for personal customization or modernization, allowing future owners to tailor the home to their preferences. The location enhances its appeal further; Ilminster is steeped in history and surrounded by picturesque countryside designated as a Special Landscape Area. The town offers essential amenities including supermarkets, independent shops, restaurants, and recreational facilities such as the Ilminster Arts Centre. For families, there are reputable local schools nearby, catering to both primary and secondary education needs. Transport links are also advantageous; with easy access to major roadways like the M5 and A303, along with mainline train services from Crewkerne and Taunton connecting you to London and other major cities. Outside, the garden features a mix of patio and gravel areas that provide low-maintenance options while remaining fully enclosed—an ideal setting for children or pets. With its promising renovation potential and attractive location benefits, this property represents an exciting investment opportunity in the heart of Ilminster.

Investment Analysis

(TA19 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£306/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£26,000 - £65,000
10-25% of property value
Target Value
£271,765
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Monthly Sales
9
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA19)

Area prices are falling by +4.3% over the last 12 months
3 year growth: 0.0%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on TA19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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
Map showing location of Herne Rise, Ilminster, Somerset, TA19
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