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2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 1
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 2
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 3
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 4
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 5
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 6
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 7
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 8
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 9
2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE - Image 10

2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE

South West

£225,000

Listed on 16/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1867 sqft

Description

This mixed-use property offers a unique investment opportunity in the heart of Midsomer Norton. Comprising a ground floor commercial unit of approximately 88 sqm (944 sqft) and two separate residential units on the first floor—a one-bedroom flat and a studio apartment—this end-of-terrace property is ripe for renovation. The shop, historically a successful shoe store, will soon be vacated, allowing for immediate re-letting or redevelopment. The residential accommodations present significant potential: with modernisation, the existing layout could be enhanced to create additional bedrooms or even convert into two separate flats, pending planning approvals. The outdoor space currently used for parking could also accommodate further development. With current rental income from the studio flat at £500 per month and strong demand for both commercial and residential rentals in this bustling area, this property warrants your attention as an investment. Take advantage of the flexible refurbishment options available here to maximise returns.

Investment Analysis

(BA3 area)

Below Market Value

This property is priced -62.9% below area average per sq ft

-62.9%
Potential saving
This Property
£121/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£666,836
10% above area average per sq ft
Potential ROI
+134.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BA3)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -1.6%
5 year growth: +15.8%
Investment Disclaimer: Analysis based on BA3 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

2 Flats and Shop, 92 High Street, Midsomer Norton, Somerset BA3 2DE
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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
£850
Based on a loan of £168,750 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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