Worst House on the Street Logo
Paganel Rise, Minehead TA24 - Image 1
Paganel Rise, Minehead TA24 - Image 2
Paganel Rise, Minehead TA24 - Image 3
Paganel Rise, Minehead TA24 - Image 4
Paganel Rise, Minehead TA24 - Image 5
Paganel Rise, Minehead TA24 - Image 6
Paganel Rise, Minehead TA24 - Image 7
Paganel Rise, Minehead TA24 - Image 8
Paganel Rise, Minehead TA24 - Image 9
Paganel Rise, Minehead TA24 - Image 10
Paganel Rise, Minehead TA24 - Image 11
Paganel Rise, Minehead TA24 - Image 12
Paganel Rise, Minehead TA24 - Image 13
Paganel Rise, Minehead TA24 - Image 14

Paganel Rise, Minehead TA24

South West

£255,000
Listed on 10/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
633 sqft

Description

Nestled within a tranquil cul de sac in Minehead, this two-bedroom detached bungalow offers a unique opportunity for those interested in renovation and investment. Spanning approximately 629 sq ft (58.5 sq m), the space is configured around a central hallway that includes practical storage options. The living room, measuring 15'1" x 12'2", boasts appealing views towards North Hill, providing a warm and inviting atmosphere. Meanwhile, the kitchen, which measures 10'7" x 8'4", overlooks the private rear garden and presents an excellent canvas for modern updates and design enhancements. Both bedrooms are well-sized, with the primary bedroom at 12'4" x 11'11" and the second bedroom at 10'9" x 9'1", making them versatile enough to serve as guest accommodations, a dining area, or a dedicated home office. The centrally located bathroom completes the internal offering. Externally, the property occupies a level plot that includes driveway parking and a garage with convenient access to the rear garden. The garden space is enclosed, manageable, and perfect for outdoor activities or peaceful afternoons in the sun. While the bungalow currently requires updating throughout, it is ripe with potential for those looking to increase its value and customize it to fit their individual aesthetic. With no onward chain involved, this represents a remarkable opportunity for prospective buyers eager to invest in a desirable location within Minehead.

Investment Analysis

(TA24 area)

Above Market Value

This property is priced +38.7% above area average per sq ft

+38.7%
This Property
£403/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£202,240
10% above area average per sq ft
Potential ROI
-30.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TA24)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 0.0%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on TA24 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

Paganel Rise, Minehead TA24
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£910
Based on a loan of £191,250 over 30 years at 3.97% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates