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Walnut Drive, Somerton

South West

£130,000
Listed on 27/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom ground floor apartment offers a solid foundation for those looking to invest or create their ideal home. Situated within walking distance of Somerton Town, the property features a rear garden and is presented with no onward chain, making it an appealing option for first-time buyers or buy-to-let investors. While the apartment requires modernisation throughout, this provides a blank canvas for renovation that can significantly increase its value. The functional layout includes a wet room, a compact kitchen, and living space opening onto the garden. Additionally, communal parking is available at the back of the building. With local amenities nearby and easy access to major transport links, this property presents an opportunity for substantial returns on investment with thoughtful upgrades.

Investment Analysis

(TA11 area)
Area Average
£337/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 (TA11)

Area prices are rising by +12.1% over the last 12 months
3 year growth: -6.2%
5 year growth: -0.1%
Investment Disclaimer: Analysis based on TA11 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

Walnut Drive, Somerton
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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
£476
Based on a loan of £97,500 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