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Cathay Lane, Cheddar

South West

£475,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1873 sqft

Description

This appealing three-bedroom detached bungalow presents a rare chance for renovation enthusiasts in the sought-after area of Cheddar, nestled on Cathay Lane. The property features three spacious double bedrooms, a living room, and a kitchen/diner that offers ample space for dining and cooking. The attached barn, dating back to the 1800s, provides significant conversion potential and could become a remarkable addition to the home with the right planning permissions. The residence is set on a generous plot with front and rear gardens, all within walking distance to local amenities. While the property requires modernisation to fully unlock its charm and functionality, it stands in a tranquil location with plenty of opportunities to increase its value through thoughtful upgrades. The layout includes practical areas such as an entrance hall, separate bathroom, and cloakroom, making it adaptable for various design preferences. The existing outdoor space features parking for multiple vehicles and encompasses a well-maintained garden with flower beds and greenhouses. This unique offering invites you to explore its full potential in enhancing both aesthetic appeal and utility.

Investment Analysis

(BS27 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£254/sq ft
Area Average
£334/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£687,522
10% above area average per sq ft
Potential ROI
+33.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (BS27)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -1.6%
5 year growth: +17.0%
Investment Disclaimer: Analysis based on BS27 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

Cathay Lane, Cheddar
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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