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St Marys Close, Chard, Somerset, TA20 - Image 1
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St Marys Close, Chard, Somerset, TA20

South West

£330,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1410 sqft

Description

This three-bedroom detached chalet bungalow presents a promising opportunity for renovation and improvement, situated with a garage, off-street parking, and expansive gardens that back onto picturesque open fields. Offering versatile living space across two levels, the property is ripe for modernization, making it an attractive investment for anyone looking to enhance its value. The absence of an onward chain simplifies the acquisition process. Upon entering, you are greeted by a spacious hallway that provides access to all principal rooms and the staircase leading to the first floor. The dual-aspect lounge features a coal-effect gas fireplace, creating a cozy atmosphere while also offering potential for contemporary styling. The dining room, which can also serve as a third bedroom, includes built-in storage and opens into the conservatory—an extension of living space that overlooks the well-tended rear garden and fields beyond. The kitchen/breakfast room benefits from ample space and traditional fittings but could be improved with modern upgrades. The ground floor accommodates a double bedroom with generous windows that invite natural light, along with a bathroom and separate cloakroom. Upstairs houses another double bedroom complete with its own cloakroom and additional attic space that holds excellent conversion potential with appropriate permissions. To the front of the property lies a lawned garden punctuated by mature borders, complemented by a driveway leading to the garage which is equipped with light and power facilities. The rear garden is particularly noteworthy, boasting well-maintained lawns interspersed with established plants, shrubs, and even a small pond—all elevated further by open views across scenic countryside. In summary, this property offers considerable scope for refurbishment across both aesthetic and functional aspects while capitalizing on its favorable location near serene rural landscapes.

Investment Analysis

(TA20 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£234/sq ft
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£449,868
10% above area average per sq ft
Potential ROI
+12.5%
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 stable by -0.6% over the last 12 months
3 year growth: -6.7%
5 year growth: +6.2%
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

St Marys Close, Chard, Somerset, TA20
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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
£1,177
Based on a loan of £247,500 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.

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