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Penlea Avenue, Bridgwater

South West

£199,950
Listed on 28/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
929 sqft

Description

This three-bedroom mid-terrace residence on Penlea Avenue offers a promising canvas for both first-time buyers and investors aiming to capitalize on its renovation potential. Built in the 1950s, the home features off-road parking and a rear garden, presenting ample opportunity for modernization. With a spacious layout, it invites creativity to enhance the living spaces according to personal style or investment goals. Upon entering, you are greeted by an entrance hallway that leads to a lounge/dining room equipped with an open fireplace and access to the garden. The kitchen at the rear includes essential amenities plus side passage access. On the upper floor, you'll find three bedrooms, alongside a family bathroom and separate WC—ideal for reconfiguration or updating. The external areas include side access and a useful brick store, suitable for improving outdoor functionality. Overall, this property stands as a solid investment with great long-term potential for growth and customization.

Investment Analysis

(TA6 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£215/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£249
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£275,095
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (TA6)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +2.7%
5 year growth: +18.6%
Investment Disclaimer: Analysis based on TA6 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

Penlea Avenue, Bridgwater
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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
£721
Based on a loan of £149,962 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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