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Derelict Cottage | Chew Magna - Image 1
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Derelict Cottage | Chew Magna

South West

£150,000
Listed on 16/02/2026

Property Details

Bedrooms
2
Type
Plot

Description

This freehold property presents a rare opportunity for investors or renovators seeking to create a distinctive home within the picturesque setting of Chew Magna. The derelict two-bedroom stone cottage rests on a generous 0.5-acre plot adjacent to the scenic River Chew, offering tremendous potential for transformation. While access is currently limited, the existing layout features a reception room and kitchen on the ground floor, complemented by two bedrooms and a cloakroom above. Notably, the property comes with some building materials already on site, which can aid in renovation efforts. Previous planning permission for extensions was granted in 1976, providing a solid foundation for future development plans, subject to necessary consents. Located on a charming footpath from the high street and just moments from local amenities, this cottage is ideally positioned for those looking to invest in a unique lifestyle retreat in an increasingly sought-after village.

Investment Analysis

(BS40 area)
Area Average
£378/sq ft
Avg Rent (weekly)
£487
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BS40)

Area prices are rising by +7.7% over the last 12 months
3 year growth: +0.6%
5 year growth: +16.6%
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

Derelict Cottage | Chew Magna
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£531
Based on a loan of £112,500 over 30 years at 3.91% 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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