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Clarkes Close, Chard, Somerset, TA20 - Image 1
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Clarkes Close, Chard, Somerset, TA20

South West

£150,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
945 sqft

Description

This three-bedroom terraced home offers a blank canvas for investors or renovators looking to make their mark. Currently in need of refurbishment throughout, the property presents an excellent opportunity to enhance its value and create a desirable living space. Upon entering, you are welcomed by a vestibule that leads into a spacious lounge/diner, characterized by its front and rear windows which invite natural light. The kitchen is equipped with essential wall and base units, providing a foundational layout for future updates. It also features an adjoining area for appliances and direct access to the rear garden, making it functional while offering ample potential for modernization. The first floor consists of three bedrooms, each with window views and radiators, allowing for comfortable living spaces with potential for reconfiguration or expansion. The current bathroom includes essential fixtures and built-in storage, but could be transformed into a more contemporary retreat with the right updates. A separate W.C adds convenience on this level. Externally, the property benefits from a driveway that provides off-street parking alongside a garage with an up-and-over door—ideal for additional storage or as part of any renovation plans. The front garden is primarily laid to lawn, while the rear garden offers both patio space and potential for landscaping improvements. Located in a well-connected area with access to local amenities and services including mains gas, electricity, water, and drainage. The availability of ultrafast broadband enhances the property's appeal for modern living. This terraced home represents not just an opportunity for renovation but also sound investment potential in a resilient market.

Investment Analysis

(TA20 area)

Below Market Value

This property is priced -45.2% below area average per sq ft

-45.2%
Potential saving
This Property
£159/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Target Value
£301,091
10% above area average per sq ft
Potential ROI
+60.6%
After renovation
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 4.4%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on TA20 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

Clarkes Close, Chard, Somerset, TA20
Map showing location of Clarkes Close, Chard, Somerset, TA20
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