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Hannay Road, Cheddar

South West

£550,000
Listed on 09/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This detached bungalow, set on an expansive plot of approximately one acre, presents a remarkable opportunity for renovation and personalization. Boasting two generously sized double bedrooms, the property offers a spacious living room and kitchen, along with a conservatory that could serve as a lovely extension of your living space. While the home requires modernization, its potential for enhancement is significant, including possibilities for extension (pending necessary planning approvals). With ample off-street parking and a garage, this property has been cherished by the same family since its construction, making it ripe for new ideas and updates to suit contemporary tastes. An ideal investment for those looking to create their dream home in a desirable location.

Investment Analysis

(BS27 area)
Area Average
£340/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BS27)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -1.7%
5 year growth: +18.2%
Investment Disclaimer: Analysis based on BS27 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

Hannay Road, Cheddar
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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

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