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Milverton, Taunton

South West

£350,000

Listed on 14/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1519 sqft

Description

This two-bedroom bungalow, located on the outskirts of Milverton, presents an intriguing opportunity for renovation and potential investment. The property comprises a kitchen, a sitting room, a dining area, and a shower room. It is complemented by substantial outdoor space featuring a generous garden and additional outbuildings that could provide further utility or development options. Positioned at the edge of Milverton village, residents can enjoy easy access to local amenities such as a post office, village store, primary school, and nearby Wellington for more extensive shopping and services. The county town of Taunton is just nine miles away, enhancing its appeal with excellent transport links including access to the M5 motorway and main line railway services to London Paddington. The entrance leads through steps into a covered porch which opens into an inviting hallway. The kitchen is fitted with basic units and provides functional space for appliances. From the hallway, you access the sitting room which features a fireplace and connects to the dining room benefiting from dual aspects. Both bedrooms are well-sized doubles while the shower room completes the accommodation layout. Surrounded by a wrap-around garden primarily laid to lawn with existing workshop/store spaces, this property offers significant potential for enhancement or personalisation. With mains gas and electric connectivity alongside private drainage, it stands ready for transformation.

Investment Analysis

(TA4 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£230/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£512,047
10% above area average per sq ft
Potential ROI
+31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TA4)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -4.8%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on TA4 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

Milverton, Taunton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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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