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House For Renovation + Building Plot

South West

£650,000
Listed on 24/01/2026

Property Details

Bedrooms
8
Type
Detached house
Area
2890 sqft

Description

This property presents a unique opportunity for developers and investors, featuring a four-bedroom detached house and an additional building plot in Clevedon. The existing dwelling, set within a generous 0.2-acre plot, includes a double garage and workshop, offering ample space to enhance the overall footprint. Notably, planning permission has been granted for an extensive renovation and the construction of a second four-bedroom semi-detached home. The proposed plans include demolishing the current single-storey garage and outbuildings while adding a two-storey side extension to the main house. The existing home spans approximately 1,414 sq ft, with exciting potential to extend its layout significantly. With the approved plans, the renovated home could offer modern amenities such as a utility room, walk-in wardrobe, and ensuite bathroom for the master suite. Located in the desirable Swiss Valley area, this property benefits from proximity to local schools and recreational facilities like Clevedon Golf Club. The town centre is also within walking distance, providing easy access to essential services such as M&S food store. This project promises significant returns on investment given the total projected GDV of up to £1.2 million upon completion of both properties.

Investment Analysis

(BS21 area)

Below Market Value

This property is priced -42.5% below area average per sq ft

-42.5%
Potential saving
This Property
£225/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,242,830
10% above area average per sq ft
Potential ROI
+38.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (BS21)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -0.2%
5 year growth: +20.1%
Investment Disclaimer: Analysis based on BS21 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

House For Renovation + Building Plot
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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
£2,344
Based on a loan of £487,500 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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