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Banwell Road, Elborough

South West

£899,950
Listed on 10/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3488 sqft

Description

This appealing cottage, 'Elborough House', is situated at the end of a private shared drive and offers a unique opportunity for renovation and investment. Set back from the road, the property features a well-maintained front lawn enclosed by post and rail fencing along with ample off-street parking. Inside, you'll find generously sized living spaces including five double bedrooms, three distinct reception rooms, and a farmhouse-style kitchen that serves as a heart for family gatherings. The home has retained many original features, providing an inviting space that could benefit from some modern updates. The main living room showcases a stunning local stone inglenook fireplace alongside rustic beams, presenting potential to enhance its charm further. An atmospheric dining room provides the perfect backdrop for entertaining. The rear reception room currently serves as a TV area but could easily be transformed into another functional space or office. Upstairs, each of the five bedrooms boasts ample space with one featuring an en-suite shower room. The shared family bathroom also holds classic character with tongue-and-groove paneling. Outside, the beautifully landscaped walled garden includes areas for relaxation and al fresco dining, while additional plans for development of a two-bedroom dwelling in the adjacent paddock present significant investment potential. With local amenities within walking distance and easy access to Weston-super-Mare and the M5 motorway, this property is not just a home but an opportunity waiting to be explored.

Investment Analysis

(BS24 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£258/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£304
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,184,612
10% above area average per sq ft
Potential ROI
+23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (BS24)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -4.3%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on BS24 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

Banwell Road, Elborough
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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
£3,246
Based on a loan of £674,962 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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