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The Orchard, Holywell Lake

South West

£275,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
853 sqft

Description

Shawn Riggs is a two-bedroom semi-detached bungalow nestled in a tranquil lane within the desirable village of Holywell Lake. This property presents a prime opportunity for renovation, as it requires modernisation and comes with vacant possession and no onward chain. Upon entering, you will find an entrance hall leading to various rooms, including a spacious sitting room that offers plenty of potential for reconfiguration or redecorating to maximize comfort and style. The kitchen/breakfast room is functional but would benefit from an update; it features built-in units and enough space for appliances along with dining furniture. Additionally, there is a built-in cupboard that houses the oil-fired ‘Grant’ boiler. The bungalow contains two double bedrooms, with the master benefiting from built-in storage, and features a shower room equipped with a walk-in shower, WC, and hand wash basin. Externally, the property enjoys ample parking on the driveway for two vehicles, leading to a garage. Both front and rear gardens predominantly laid to lawn offer further scope for landscaping or outdoor living improvements. Holywell Lake itself is a charming hamlet located west of Wellington—approximately four miles away—where residents can access various shopping options and recreational facilities. The location also provides easy access to the M5 motorway at Junction 26, facilitating quick commutes to nearby towns and cities.

Investment Analysis

(TA21 area)

Above Market Value

This property is priced +8.2% above area average per sq ft

+8.2%
This Property
£322/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£257
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£279,613
10% above area average per sq ft
Potential ROI
-11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (TA21)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -5.5%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on TA21 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 Orchard, Holywell Lake
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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
£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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