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Millfield, Midsomer Norton, Radstock, Somerset, BA3

South West

£315,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
818 sqft

Description

This well-established home from the mid-1970s is located in a desirable residential area, conveniently close to the town center, making it an excellent choice for those seeking both comfort and convenience. The property presents a noteworthy opportunity for renovations and updates, allowing a buyer to customize the space according to their preferences. Upon entering the home, you'll find a welcoming entrance hall that leads into a spacious sitting room/dining area. This versatile space features sliding doors that open into a conservatory, providing a lovely view of the garden and an inviting spot for relaxation. The kitchen is equipped with essential fittings and offers direct access to the rear garden, enhancing its potential for future enhancements. The first floor hosts two generous double bedrooms alongside a single bedroom, complemented by a modern shower room. Each room presents ample opportunity for personalization or reconfiguration to suit individual needs. Outside, the property boasts a fully enclosed rear garden that is primarily laid to lawn, featuring a patio area perfect for outdoor dining or entertaining. An established apple tree adds character to the garden, which is bordered by flourishing shrubs and flowers. A personal door grants access to the garage, which also houses the gas central heating boiler. To the front of the home, a neatly maintained walled garden includes lawn space and mature planting, while driveway parking is conveniently available in front of the garage. The property benefits from gas central heating and cavity wall insulation, along with an insulated loft that has been boarded for additional storage options. This home is offered with no onward chain, making it an attractive option for those looking to invest in a property with significant renovation potential in a sought-after location.

Investment Analysis

(BA3 area)

Above Market Value

This property is priced +17.5% above area average per sq ft

+17.5%
This Property
£385/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£294,999
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BA3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 2.1%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on BA3 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

Millfield, Midsomer Norton, Radstock, Somerset, BA3
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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
£1,154
Based on a loan of £236,250 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