Worst House on the Street Logo
Redgate Street, Bridgwater - Image 1
Redgate Street, Bridgwater - Image 2
Redgate Street, Bridgwater - Image 3
Redgate Street, Bridgwater - Image 4
Redgate Street, Bridgwater - Image 5
Redgate Street, Bridgwater - Image 6
Redgate Street, Bridgwater - Image 7
Redgate Street, Bridgwater - Image 8
Redgate Street, Bridgwater - Image 9
Redgate Street, Bridgwater - Image 10
Redgate Street, Bridgwater - Image 11

Redgate Street, Bridgwater

South West

£165,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
969 sqft

Description

This three-bedroom house presents a promising opportunity for those looking to invest in renovation and customization. While the property does require some updating, it offers a blank canvas for new owners to create a living space tailored to their preferences. The layout includes an entrance hallway leading to a living room, dining room, and kitchen on the ground floor, along with a bathroom. The first floor accommodates three generously sized bedrooms, providing ample space for family or guests. Outside, the home features a private driveway and a substantial enclosed rear garden that includes a conservatory-style garden room—a versatile space that could serve various purposes once refurbished. This outdoor area has great potential for landscaping or recreational use. Located just east of Bridgwater town centre, this property benefits from proximity to essential local amenities such as a Co-operative supermarket, fish and chip shop, and pharmacy. The location also ensures convenient access to the A39 and M5 motorway, making commuting straightforward. For those who appreciate nature, the nearby Quantock Hills offer scenic views and outdoor activities. This property is offered with no onward chain, enhancing its appeal for potential buyers looking for an investment opportunity in an area with growth potential. With modern upgrades, this home could attract significant value while enjoying the advantages of its central location in Bridgwater. Additional details include freehold tenure and council tax band A. The home is connected to mains utilities including water, sewerage, electricity, and gas central heating. Flooding has not been recorded in the last five years, offering peace of mind regarding environmental risks.

Investment Analysis

(TA6 area)

Below Market Value

This property is priced -37.8% below area average per sq ft

-37.8%
Potential saving
This Property
£170/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£291,577
10% above area average per sq ft
Potential ROI
+42.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (TA6)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on TA6 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

Redgate Street, Bridgwater
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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