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Spring Gardens, Minehead

South West

£300,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1476 sqft

Description

This spacious semi-detached house, originally built in the 1930s, is nestled in the sought-after Spring Gardens area of Alcombe. Offering three generous bedrooms and a wealth of character, this property presents a prime opportunity for investors or those looking to craft their ideal family home. The home's layout includes a welcoming entrance porch leading into an expansive hallway that sets the tone for its ample living space. At the front, a bright and airy living room seamlessly transitions to a separate dining room, which conveniently features a rear shower room. The kitchen breakfast room is well-sized for everyday family needs and connects to a practical utility space that opens out into the garden. Upstairs, you'll find an inviting landing leading to three sizable double bedrooms; the principal bedroom boasts an ensuite, while another benefits from an attached dressing area. Completing this level are a family bathroom and a separate toilet. Set on a generous plot, the outdoor space includes a low-maintenance courtyard at the back and an enclosed front garden with mature plantings that ensure privacy. A driveway and garage provide ample parking solutions. While the property requires significant modernisation—including a new heating system and potential plumbing upgrades due to the lack of gas supply—this allows for extensive customization possibilities to suit personal tastes and styles. Offered without any onward chain, this residence represents an exceptional renovation project in a well-established residential locale.

Investment Analysis

(TA24 area)

Below Market Value

This property is priced -30.0% below area average per sq ft

-30.0%
Potential saving
This Property
£203/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£471,575
10% above area average per sq ft
Potential ROI
+24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TA24)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 0.0%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on TA24 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

Spring Gardens, Minehead
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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
£1,070
Based on a loan of £225,000 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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