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Old Station Way, Yeovil

South West

£300,000
Listed on 06/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This distinctive property, known as The Old Glove Factory, encompasses three floors of versatile space ripe for renovation and investment. The ground floor offers approximately 1,700 sq. ft of retail space, currently leased to a supermarket chain, providing immediate income potential. The first floor consists of open plan office space totaling around 1,740 sq. ft, equipped with restroom facilities and a kitchenette, which could be reconfigured or upgraded to cater to modern business needs. The second floor adds another 1,360 sq. ft of office area that is currently unoccupied and presents an opportunity for conversion into residential units—a planning application for transforming these upper floors into five dwellings is pending approval. Located at the edge of Yeovil's bustling town centre, this building stands among a mix of retail and leisure establishments, making it an attractive option for both commercial and residential development in a community undergoing revitalization. Given its Grade II listing status, renovations will need to respect the building’s historical charm while enhancing functionality.

Investment Analysis

(BA20 area)
Area Average
£267/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BA20)

Area prices are rising by +13.2% over the last 12 months
3 year growth: 6.4%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on BA20 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

Old Station Way, Yeovil
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 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