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Rex Road, Higher Odcombe, Near Yeovil - Image 1
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Rex Road, Higher Odcombe, Near Yeovil

South West

£125,000
Listed on 11/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
913 sqft

Description

This leasehold property, situated in a tranquil cul-de-sac in Higher Odcombe near Yeovil, presents an excellent opportunity for renovation. The two-bedroom accommodation includes essential spaces such as a kitchen and lounge, alongside an enclosed rear garden and driveway parking. While the interior is in need of modernization, its strategic location near Ham Hill Country Park, local amenities, schools, and transport links enhances its appeal for both investors and first-time buyers looking to add value through refurbishment.

Investment Analysis

(BA22 area)

Below Market Value

This property is priced -55.9% below area average per sq ft

-55.9%
Potential saving
This Property
£137/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£308
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£311,835
10% above area average per sq ft
Potential ROI
+107.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BA22)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -8.3%
5 year growth: 5.9%
Investment Disclaimer: Analysis based on BA22 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

Rex Road, Higher Odcombe, Near Yeovil
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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
£458
Based on a loan of £93,750 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