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Henson Park, Chard

South West

£165,000
Listed on 04/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
807 sqft

Description

This three-bedroom mid-terrace house presents a promising opportunity for renovation and investment, particularly appealing to first-time buyers or those seeking a project. The property is being sold with no onward chain, allowing for a smooth transition. Upon entry, the hallway leads to both the living room and kitchen diner, with an under-stairs cupboard offering additional storage. The living room features a spacious front-facing uPVC double-glazed window that allows natural light to fill the space. The kitchen diner is equipped with base and wall units, along with an inset sink and space designated for essential appliances such as a washing machine and oven. This area benefits from an open plan layout into the dining section, characterized by another set of uPVC double-glazed windows and direct access to the rear garden. Upstairs, two well-proportioned double bedrooms come complete with built-in wardrobes, while a single bedroom offers versatility for guests or as an office space. The current bathroom includes a bath and wash hand basin, alongside a separate W/C conveniently located next door. Outside, the front garden is enclosed, primarily laid to lawn with flower borders framing the pathway to the entrance. The rear garden is designed for low maintenance, featuring gravel landscaping complemented by two patio areas—ideal for creating outdoor seating or entertaining spaces. Additional storage is available in two garden sheds situated within this enclosed space. Located in a community-oriented area with access to local amenities, this property also benefits from mains electricity, drainage, and water services. For potential homeowners working remotely or needing connectivity options, ultrafast broadband is accessible in this vicinity. The property has recently received probate clearance and offers significant potential for modernization throughout. With a little vision and investment, this home could be transformed into a comfortable residence tailored to your needs while enhancing its market value over time.

Investment Analysis

(TA20 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£204/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£254,770
10% above area average per sq ft
Potential ROI
+27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.2%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on TA20 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

Henson Park, Chard
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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
£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.

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