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The Pound, Redhill, Bristol, Somerset, BS40

South West

£575,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1289 sqft

Description

This three-bedroom detached bungalow presents an excellent opportunity for renovation and reconfiguration, situated on the outskirts of the sought-after village of Redhill. With no onward chain, this property offers a blank canvas for prospective buyers to enhance its existing layout or potentially extend (subject to planning permission) to transform it into a remarkable family residence. The accommodation includes a generous entrance hall, spacious living room with dual aspect views and an open fire, adjoining dining room, kitchen equipped with bespoke wooden units, utility area, three bedrooms, a family bathroom plus an additional WC. The living room features sliding patio doors that lead to an elevated seating area with panoramic views—ideal for creating an outdoor entertaining space that complements the interior. The expansive front garden is enclosed by a natural stone wall and includes ample off-road parking via a tarmac driveway leading to the attached double garage. This garage has potential for alternative uses such as a home gym or workshop due to its electrical fittings. Above the garage lies an opportunity for a roof terrace that could be developed into an inviting outdoor retreat with stunning vistas. Set within approximately 0.27 acres, this property is ripe for transformation with careful consideration and vision.

Investment Analysis

(BS40 area)

Above Market Value

This property is priced +17.4% above area average per sq ft

+17.4%
This Property
£446/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£394
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£538,660
10% above area average per sq ft
Potential ROI
-17.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (BS40)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.3%
5 year growth: +18.2%
Investment Disclaimer: Analysis based on BS40 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

The Pound, Redhill, Bristol, Somerset, BS40
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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
£2,074
Based on a loan of £431,250 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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