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Steppes Meadow, Martock, TA12

South West

£145,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
577 sqft

Description

This semi-detached bungalow, located in the charming village of Martock, presents a promising opportunity for those looking to invest in a renovation project. With two bedrooms and gas central heating already in place, the property offers a strong foundation for updates and improvements. The layout includes an entrance hall, kitchen/diner, living room, and shower room, providing ample space to modernize according to personal taste. The generous rear garden boasts uninterrupted views, enhancing the property's appeal. While it requires some updating, this bungalow is positioned well within a vibrant community featuring essential amenities such as shops, schools, and healthcare facilities. Easy access to road networks and public transport makes this an ideal project for potential homeowners or investors keen on adding their mark to a property.

Investment Analysis

(TA12 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£251/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£189,363
10% above area average per sq ft
Potential ROI
+8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TA12)

Area prices are rising by +4.7% over the last 12 months
3 year growth: -2.6%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on TA12 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

Steppes Meadow, Martock, TA12
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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
£514
Based on a loan of £108,750 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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