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South West
£190,000
Listed on 16/09/2026
Listed on 16/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom terraced house in the popular village of Meare presents a solid opportunity for buyers looking to create their ideal home. With a guide price of £190,000, which is significantly below the local average of £401,323, this property offers a cheap entry point in an otherwise competitive market. The spacious garden adds considerable appeal, providing ample outdoor space to enhance the property further.
While the interiors are dated and show signs of wear throughout, this merely highlights the potential for transformation. The living room features a charming log burner, and the kitchen is ripe for a modern update. The bathroom is in good condition, which is a plus. Overall, the house requires significant updates, but with a renovation budget of £40,000 to £80,000, buyers can envision a complete revitalisation to elevate both comfort and value.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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