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22 Coles Place, Chard, Somerset, TA20 2BA - Image 1
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22 Coles Place, Chard, Somerset, TA20 2BA

South West

£45,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat on the first floor presents a prime opportunity for renovation and investment. While it requires modernisation, the potential to enhance its value is substantial. The property features a balcony, providing additional outdoor space, and is ideally situated near Chard's town centre where local amenities such as shops and services are easily accessible. The surrounding area offers recreational opportunities with parks and green spaces nearby, making it an attractive location for future tenants or homeowners. With good transport links including local bus services and easy access to the A358, this property is perfectly positioned for both commuting and leisure. This offering is particularly appealing for investors looking to capitalize on a refurbishment project in a growing market.

Investment analysis

(TA20 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TA20)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -7.2%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on TA20 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

22 Coles Place, Chard, Somerset, TA20 2BA
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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
£170
Based on a loan of £33,750 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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