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Vale Leaze, Little Somerford, SN15

South West

£320,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1292 sqft

Description

This three-bedroom detached bungalow presents a promising opportunity for renovation and investment, situated on a spacious plot within a tranquil cul-de-sac in the desirable village of Little Somerford. With its solid structure and ample space, this property is well-equipped for those looking to create a personalized family home. Inside, the expansive 26-foot lounge-diner serves as a versatile area that can be transformed according to your vision, with double doors leading directly to the rear garden, enhancing indoor-outdoor living. The kitchen provides functional access to an inner hallway that links to the garage and utility area, alongside pathways to both front and rear gardens. The layout includes three bedrooms positioned at the front of the home, along with a family bathroom and an additional cloakroom—ideal for comfortable living or potential reconfiguration. The outdoor spaces add significant value; the enclosed rear garden boasts a serene view that opens onto nearby fields, creating a peaceful retreat. Additionally, the front garden features a tarmac driveway capable of accommodating multiple vehicles and leads to a garage, ensuring practicality for everyday life. This property is not only perfect for those wishing to reside in a charming locale but also represents an excellent investment opportunity. Its renovation potential allows for customization that can enhance value significantly in this sought-after area.

Investment Analysis

(SN15 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£248/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£495,288
10% above area average per sq ft
Potential ROI
+41.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SN15)

Area prices are falling by +2.6% over the last 12 months
3 year growth: -0.5%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on SN15 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

Vale Leaze, Little Somerford, SN15
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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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE