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Mason Way, Shepton Mallet

South West

£165,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Terraced Bungalow
Area
667 sqft

Description

This mid-terrace bungalow presents a compelling opportunity for buyers seeking a project with considerable renovation potential. Currently requiring updates, the property is offered without any onward chain, allowing for a straightforward purchase process. Its front area holds promise for creating parking space, while the rear garden is generously sized, offering ample scope for landscaping or outdoor enhancements. Located in Shepton Mallet, residents will benefit from local amenities including shops, a garden centre, and dining options. The town also features educational institutions and recreational facilities such as gyms and an outdoor swimming pool. With convenient transport links to Bristol and Bath, as well as proximity to Castle Cary railway station and Bristol International Airport, this property offers not only a home but also an investment opportunity in a well-connected area.

Investment Analysis

(BA4 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£247/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£227,007
10% above area average per sq ft
Potential ROI
+16.4%
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
10%
Properties sold annually

Local Market Trend (BA4)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -7.6%
5 year growth: +7.2%
Investment Disclaimer: Analysis based on BA4 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

Mason Way, Shepton Mallet
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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
£623
Based on a loan of £123,750 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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