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Jakes Lane, Chacewater

South West

£140,000
Listed on 12/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

Located in the central area of Chacewater, this property offers a strategic opportunity for those looking to invest in renovation. Currently configured as a two-bedroom dwelling, the layout includes a versatile additional room that can function as either a study or a guest space. The open-plan kitchen and living area is equipped with basic amenities, including an integrated oven and hob, though these require verification for functionality. There is potential for further enhancements, particularly in the bathroom which contains essential fixtures such as a shower over the bath. With some cosmetic updates needed throughout, this property presents itself as an excellent blank canvas for personalisation and value addition. Accessed via a pedestrian pathway, the property is conveniently located near local amenities, while parking facilities are available within walking distance.

Investment Analysis

(TR4 area)
Area Average
£350/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
9%
Properties sold annually

Local Market Trend (TR4)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -12.3%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on TR4 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

Jakes Lane, Chacewater
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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
£499
Based on a loan of £105,000 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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