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Peddles Lane, Charlton Mackrell

South West

£220,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1378 sqft

Description

This three-bedroom residence in the quaint village of Charlton Mackrell offers a prime opportunity for those interested in home improvement and investment. Currently requiring extensive modernization, this property features spacious rooms that lend themselves to various renovation possibilities including reconfiguration or even expansion with the appropriate permissions. This blank canvas is perfect for anyone looking to craft a bespoke family home, set up a rental property, or create a countryside retreat. The exterior boasts ample grounds that allow for potential landscaping improvements and off-road parking, all nestled in a serene village atmosphere. Properties like this, offering so much renovation potential in such desirable locales, are becoming increasingly rare. Charlton Mackrell is ideally situated near local amenities in nearby Somerton, which is just a short drive away. The area is well-connected by major roads and public transport links, making it convenient for commuting or exploring the surrounding countryside. Overall, this property presents an excellent investment opportunity for those willing to put in the effort to revitalize it.

Investment Analysis

(TA11 area)

Below Market Value

This property is priced -53.2% below area average per sq ft

-53.2%
Potential saving
This Property
£160/sq ft
Area Average
£341/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£516,812
10% above area average per sq ft
Potential ROI
+61.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TA11)

Area prices are rising by +15.0% over the last 12 months
3 year growth: +3.2%
5 year growth: +4.3%
Investment Disclaimer: Analysis based on TA11 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

Peddles Lane, Charlton Mackrell
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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
£785
Based on a loan of £165,000 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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