Mendip Way, Burnham on Sea, Somerset, TA8
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Mendip Way, Burnham on Sea, Somerset, TA8

By CJ Hole

£ 175,000

Reviews

2 out of 5 stars

CJ Hole says ..

In need of modernisation, this two bedroom terraced house comes to the market with no onward chain. Situated within easy reach of local schools and amenities, the property would be ideal for investors or first-time buyers looking for a project.

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom terraced house located on Mendip Way in Burnham-on-Sea, Somerset. It is listed at £175,000 and has a plot size of 0 sqft. The property requires modernisation and updating throughout. The kitchen and bathrooms are dated and require complete refurbishment. The interior walls and flooring also need updating. The property does benefit from a small garden to the rear.

Burnham-on-Sea is a seaside town in Somerset, offering a range of amenities including shops, schools and transport links. The proximity to the nearby Highbridge and Burnham train station (2.85km) provides convenient access to other areas. Several schools are within walking distance, including St Andrew’s Church of England Voluntary Controlled Junior School (Good Ofsted rating) and Burnham-on-Sea Community Infant School (Outstanding Ofsted rating).

Considering comparable properties in the area, such as those on Salisbury Road and Priory Gardens, the list price of £175,000 appears reasonable, especially given the property’s need for modernisation. However, the lack of square footage data for the comparable properties makes a precise price per square foot comparison impossible. The need for significant renovations should be factored into any offer. The small garden is a positive aspect, but the overall condition of the property significantly impacts its value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
750.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
277,658.00 £
Decreased by 1.13 %
from 280,828.00 £
Est sale value
217,500.00 £
Increased by 4.32 %
from 208,500.00 £
Average area rental value
942.00 £/mo
Decreased by 17.59 %
from 1,143.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 750.00 £/mo
Est rental Yield
4.07 %
Decreased by 16.60 %
from 4.88 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • CJ Hole marked this listing as sold.

  • CJ Hole created the listing.

Nearby Schools

NameTypeOfstedDistance
St Andrew'S Church Of England Voluntary Controlled Junior SchoolVoluntary Controlled SchoolGood0.50 KM
Burnham-On-Sea BuildingChildren's Centre Linked Site0.55 KM
Burnham-On-Sea Community Infant SchoolCommunity SchoolOutstanding0.67 KM
The King Alfred School An AcademyAcademy Sponsor Led1.30 KM
Churchfield Church SchoolAcademy Sponsor LedGood2.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Friars Way £ 435,00000.00 KM
Salisbury Road £ 282,25000.00 KM
St Luke's Close £ 309,95000.00 KM
Bishop's Path £ 000.00 KM
Priory Gardens £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Highbridge And Burnham3314HIG2.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mendip Way, Burnham on Sea, Somerset, TA8 £ 175,000BUY5 / 100.00 KM
Mendip Way, Burnham-On-Sea £ 215,000BUY6 / 100.03 KM
Friars Way, Burnham-On-Sea £ 385,000BUY7 / 100.10 KM
Love Lane, Burnham on Sea, Somerset, TA8 £ 450,000BUY7 / 100.15 KM
91 Love Lane, Burnham-On-Sea, Somerset TA8 1EY £ 100,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
6 Mendip Way £ 230,0000.06 KM
21 Mendip Way £ 220,0000.06 KM
17 Mendip Way £ 209,9500.06 KM
1 Mendip Way £ 135,0000.06 KM
26 Mendip Way £ 141,5000.06 KM