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Station Road, ILMINSTER

South West

£275,000
Listed on 25/10/2025

Property Details

Bedrooms
6
Type
Detached

Description

This substantial freehold property, previously operating as a care home, presents a unique opportunity for investors or developers looking to unlock its potential. Spanning two floors, the building is situated in a convenient location on Station Road, close to public transport links including Crewkerne mainline rail station and various bus routes. Local amenities in Ilminster are easily accessible, while the larger town of Taunton offers extensive shopping and dining options. The property comprises an approximate site area of 640.28 m2 (0.158 acres) and features a layout that includes six bedrooms on the first floor along with two bathrooms. The ground floor hosts three reception rooms, a kitchen, utility room, and an additional bathroom/WC, providing ample space for reconfiguration. There is also front and rear garden space along with a garage. With development potential subject to planning permission, this former care home could be transformed into self-contained flats or reinstated as a substantial family residence. This is an ideal prospect for those seeking to add value through thoughtful renovation.

Investment Analysis

(TA19 area)
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (TA19)

Area prices are falling by -9.5% over the last 12 months
3 year growth: -3.7%
5 year growth: -1.6%
Investment Disclaimer: Analysis based on TA19 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

Station Road, ILMINSTER
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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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