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The Pound, Redhill, Bristol, Somerset, BS40

South West

£530,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1289 sqft

Description

This three-bedroom detached bungalow offers an exceptional opportunity for renovation and development, particularly given its desirable location on the edge of Redhill with stunning views. The property, presented with no onward chain, stands on a generous plot of approximately 0.27 acres that provides ample space for potential expansion or reconfiguration (subject to planning permission). Inside, the layout features a spacious entrance hall leading to a dual-aspect living room complete with an open fire and sliding patio doors that afford access to an elevated seating area – ideal for enjoying the breathtaking scenery. The adjoining dining room opens into the kitchen, which is equipped with handcrafted wooden units and offers possibilities for a modern open-plan design. A utility area connects to the exterior, adding practicality for domestic needs. Each of the three bedrooms comes with integrated storage; with two being spacious doubles that could adapt well to personal or professional use. The family bathroom features essential amenities plus a separate WC. Outside, there’s a large front garden bordered by a natural stone wall along with off-road parking and an attached double garage that could serve various purposes beyond vehicle storage. Notably, there is potential for enhancing the garage area into a roof terrace that would create further outdoor living space while maximizing those impressive views. This property represents significant upside for investors or homebuyers looking to craft their ideal residence.

Investment Analysis

(BS40 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£411/sq ft
Area Average
£385/sq ft
Avg Rent (weekly)
£429
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£546,459
10% above area average per sq ft
Potential ROI
-5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BS40)

Area prices are rising by +5.4% over the last 12 months
3 year growth: -5.5%
5 year growth: +11.0%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,002
Based on a loan of £397,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-7.8% since listed
£530,000£45,000(-7.8%)
13/06/2026
Current price
£575,000Initial listing
28/01/2026

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