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Rackclose Park, Chard, Somerset, TA20

South West

£475,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1487 sqft

Description

This detached family residence occupies a substantial plot in a desirable area, presenting potential for modernisation. It features three well-proportioned bedrooms and an open plan lounge and dining area, perfect for creating a more contemporary living space. The kitchen breakfast room provides ample opportunity for upgrades, and the generous driveway, capable of accommodating multiple vehicles, adds to the property's appeal. The home includes a double garage with power and light—ideal for conversion into additional living space or a workshop. The established garden offers privacy and could benefit from landscaping enhancements. Notably, the property is being sold without an onward chain, granting immediate access for renovations and developments. With nearby amenities including shops and health facilities in Chard, as well as easy access to Taunton and major transport routes, this home represents an exciting investment opportunity with significant renovation potential.

Investment Analysis

(TA20 area)

Above Market Value

This property is priced +9.9% above area average per sq ft

+9.9%
This Property
£319/sq ft
Area Average
£291/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£475,416
10% above area average per sq ft
Potential ROI
-9.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TA20)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -7.0%
5 year growth: +5.3%
Investment Disclaimer: Analysis based on TA20 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

Rackclose Park, Chard, Somerset, TA20
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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
£1,682
Based on a loan of £356,250 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.

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