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Bankers Castle, Higher Road, Taunton

South West

£550,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1862 sqft

Description

This three-bedroom detached house, set on nearly half an acre in the tranquil outskirts of Curry Mallet, presents a rare opportunity for those seeking a project with considerable investment potential. The property features an entrance hall, study, kitchen/breakfast room, WC, dining room, and sitting room on the ground floor. Upstairs are three well-proportioned bedrooms alongside a family bathroom. While the home is currently in need of general redecoration and modernization, it offers a versatile blank canvas ready for personal touches or significant reconfiguration to enhance its layout further. The inviting dual-aspect kitchen serves as a central hub and could benefit from contemporary upgrades. The sitting room boasts a bay window, semi-vaulted ceiling, and fireplace that enhances the ambiance and warmth, making it ideal for relaxation or social gatherings. The separate dining room is characterized by exposed beams and ample natural light—perfect for formal entertaining. The garden grounds are beautifully diverse with lawn areas, patio spaces, vegetable beds, fruit trees, and outbuildings that could be repurposed as additional accommodations or workspaces with necessary consents. The double garage and carport provide ample parking options while also presenting possibilities for conversion into ancillary living space or rental opportunities. This property's idyllic setting offers privacy while maintaining proximity to local amenities in Curry Mallet and easy access to Taunton's expansive facilities.

Investment Analysis

(TA3 area)

Below Market Value

This property is priced -9.1% below area average per sq ft

-9.1%
Potential saving
This Property
£295/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£665,460
10% above area average per sq ft
Potential ROI
+9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TA3)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -8.5%
5 year growth: +4.2%
Investment Disclaimer: Analysis based on TA3 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

Bankers Castle, Higher Road, Taunton
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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.

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