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Great Ostry, Shepton Mallet

South West

£190,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Character Property
Area
842 sqft

Description

Nestled in the heart of a historic market town, this terraced property represents a unique opportunity to tap into local heritage. With origins dating back to around 1650, this Grade II listed home is rich in character and offers an array of original features such as stone mullion windows and exposed beams, which present opportunities for thoughtful restoration and personalisation. The gated garden introduces you to a spacious living area warmed by an inviting open fireplace, while the modern kitchen, equipped with quality appliances, offers enough cabinetry for practical family living. Upstairs, three well-sized bedrooms provide flexibility for use as guest rooms or home offices, complemented by a stylish bathroom and separate WC. Its central location means schools, parks, and essential amenities are all within easy walking distance. This property not only stands as a comfortable family home but also holds significant investment potential for those looking to enhance its historic charm or adapt it for modern living.

Investment Analysis

(BA4 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£226/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£289,484
10% above area average per sq ft
Potential ROI
+23.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Great Ostry, Shepton Mallet
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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
£678
Based on a loan of £142,500 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

Price History

-13.6% since listed
£190,000£10,000(-5.0%)
28/04/2026
Current price
£200,000£10,000(-4.8%)
15/03/2026
£210,000£10,000(-4.5%)
24/01/2026
£220,000Initial listing
12/01/2026

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