Prestleigh, Shepton Mallet
KI

Prestleigh, Shepton Mallet

By Killens

£ 475,000

Reviews

3 out of 5 stars

Killens says ..

An exciting opportunity to redevelop a post war two bedroom detached bungalow with a two storey stone barn and large garden in a rural location near Shepton Mallet. Sold with the benefit of no onward chain.

Property Oracle says ..

This two-bedroom bungalow in Prestleigh, Shepton Mallet, Somerset presents a unique opportunity for buyers seeking a property with renovation potential. Situated in a rural setting, the property offers a tranquil environment with good access to a nearby well-regarded school and train station. The property’s main selling points are its size (2,023.62 sqft), the considerable outdoor space, and the inclusion of a stone barn which may offer possibilities for expansion or conversion. However, buyers should be prepared for substantial renovation work, as the current condition of the interiors shows its age. Interior features appear dated. The kitchen and bathrooms would require updating. Carpets appear worn and the overall aesthetic suggests a property in need of significant modernisation. The lack of precise plot size information does not allow for a conclusive assessment of the land area. The area itself lacks detailed data in terms of pricing per square foot due to a lack of comparable data for properties of this type. This therefore poses a challenge in valuing the property in comparison to similar listings in the surrounding area. Consequently, the property’s worth is ultimately determined by the potential of the renovation project. Prospective buyers should assess their budget and renovation experience accordingly. The inclusion of a stone barn and the extensive garden are key selling points. The property could be substantially improved with renovation, modernising it to a level of contemporary comfort and aesthetic appeal. The surrounding area, whilst rural, boasts proximity to a well-regarded school, suggesting potential for family living. Transport links to Castle Cary station offer convenience. Therefore, overall the property is best suited for buyers with renovation experience and vision who are seeking a project with significant potential in a serene environment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
2,023.62

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
442,500.00 £
Decreased by 25.23 %
from 591,813.00 £
Est sale value
991,573.80 £
Increased by 26.61 %
from 783,140.94 £
Average area rental value
750.00 £/mo
Decreased by 53.12 %
from 1,600.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 2,023.62 £/mo
Est rental Yield
2.03 %
Decreased by 37.35 %
from 3.24 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Killens created the listing.

Nearby Schools

NameTypeOfstedDistance
The Mendip SchoolFree Schools SpecialGood0.72 KM
Evercreech Church Of England Primary SchoolVoluntary Controlled SchoolGood2.62 KM
St Aldhelm'S Church Of England Primary SchoolVoluntary Aided SchoolGood3.49 KM
WhitstoneAcademy ConverterGood3.55 KM
St Paul'S Church Of England Vc Junior SchoolVoluntary Controlled SchoolGood3.83 KM

Images

Picture No. 16 Picture No. 29 Picture No. 32 Picture No. 31 Picture No. 18 Picture No. 19 Picture No. 26 Picture No. 30 Picture No. 11 Picture No. 23 Picture No. 13 Picture No. 14 Picture No. 27 Picture No. 21 Picture No. 24 Picture No. 17

Nearby Streets

NameAverage PriceAverage SqftDistance
A37 £ 000.00 KM
Prestleigh Road £ 000.00 KM
Pheasant Close £ 262,00000.00 KM
Woodpecker Crescent £ 000.00 KM
Kingfisher Road £ 408,33300.00 KM

Nearby Transport

NameNLCTLCDistance
Castle Cary5703CLC6.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Prestleigh, Shepton Mallet £ 475,000BUY6 / 100.00 KM
Mission Chapel, Prestleigh £ 325,000BUY7 / 100.09 KM
Prestleigh Lane, Prestleigh, Shepton Mallet, Somerset, BA4 £ 575,000BUY7 / 100.15 KM
Prestleigh, Shepton Mallet, BA4 £ 415,000BUY5 / 100.41 KM
Cannards Grave, Shepton Mallet, BA4 £ 1,450,000BUYUnknown0.98 KM

Nearby Properties

AddressPriceDistance
Brook House £ 720,0000.21 KM
The Second Barn £ 410,0000.21 KM
Brookside Farm £ 265,0000.21 KM
Moonrakers £ 239,5000.21 KM
Mill House Farm £ 755,0000.21 KM