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51 High Street, Shepton Mallet, Somerset, BA4 5AQ - Image 1
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51 High Street, Shepton Mallet, Somerset, BA4 5AQ

South West

£150,000

Listed on 28/05/2026

Property Details

Bedrooms
4
Type
Commercial Property

Description

This mid-terrace mixed-use property presents a valuable investment opportunity in the heart of Shepton Mallet. The premises consists of two retail shops on the ground floor alongside three self-contained residential maisonettes above. As a Grade II listed building, it maintains character but is in need of a comprehensive renovation to unlock its full potential. The internal layout includes a communal hallway and stairwell connecting the residential units, complemented by a small enclosed courtyard. With rising demand for both retail and residential spaces in the area, this property could yield significant returns once refurbished. Essential services such as mains water, electricity, and drainage are already connected; however, prospective buyers are advised to verify the adequacy and availability of these utilities.

Investment Analysis

(BA4 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BA4)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -9.6%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on BA4 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

51 High Street, Shepton Mallet, Somerset, BA4 5AQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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