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Iwood, Wrington, Bristol, Somerset, BS40

South West

£1,100,000
Listed on 30/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1520 sqft

Description

Thatchway Barn presents an intriguing opportunity for potential investors looking to enhance a well-appointed four-bedroom detached barn conversion on the outskirts of Wrington. The property has undergone a thoughtful renovation, blending traditional character with modern amenities, making it both a comfortable home and a canvas for further development. Within its expansive 1.16 acres, it features generous living spaces characterized by natural light and an assortment of outbuildings that offer notable investment possibilities. The ground floor comprises various rooms designed for flexibility and functionality, including a kitchen/dining area equipped with bespoke cabinetry and modern appliances alongside a charming electric AGA. The living room is inviting, enhanced by solid oak flooring and an efficient wood burner, creating a warm atmosphere during the colder months. The adjoining office space can serve multiple functions, from remote working to accommodating additional family members or guests. Upstairs, you'll find spacious bedrooms complemented by built-in storage solutions and en-suite bathrooms that may benefit from minor upgrades to meet personal preferences or increase market value. An appealing feature of this property is the attractive stone outbuilding with previously granted planning permission for conversion into a two-bedroom dwelling—ideal for multi-generational living or generating rental income as a holiday let (subject to current approvals). Additionally, the landscaped gardens provide outdoor serenity with potential for enhancement or expansion. Thatchway Barn is not only a residence but also a strategic investment with diverse opportunities for development within its extensive grounds.

Investment Analysis

(BS40 area)

Above Market Value

This property is priced +88.6% above area average per sq ft

+88.6%
This Property
£724/sq ft
Area Average
£384/sq ft
Avg Rent (weekly)
£471
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£641,546
10% above area average per sq ft
Potential ROI
-46.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BS40)

Area prices are rising by +5.0% over the last 12 months
3 year growth: -3.1%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on BS40 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

Iwood, Wrington, Bristol, Somerset, BS40
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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
£3,924
Based on a loan of £825,000 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

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