Laurel & Wylde says ..
*** A COMPLETELY UNIQUE AND RARE OPPORTUNITY TO AQUIRE THIS PERIOD DETACHED PROPERTY THAT IS CURRENTLY SPLIT INTO TWO (MEADOWSIDE AND KIDBOROUGH COTTAGE) *** PREVIOUSLY USED AS BOARDING HOUSE FOR AN INDEPENDENT SCHOOL *** HUGE SURROUNDING PLOT *** MASSIVE OPPORTUNITY TO DEVELOP AND CONVERT INTO O...
Property Oracle says ..
This property on Oakridge Lane, Winscombe, is a unique offering in the North Somerset market. It’s a period detached house with five bedrooms and two bathrooms, currently divided into two properties. The listing highlights the significant surrounding plot and the potential for development and conversion. The location is attractive, close to Sidcot School, with Winscombe’s amenities within reasonable reach. Yatton railway station is approximately 8.68 km away, although public transport links aren’t extensive in this rural area.
The property’s condition appears to be mixed. The exterior is characteristic of its period, but some parts could benefit from repairs and maintenance. The interior images reveal that most of the areas appear dated and require modernising. The kitchens and bathrooms are in particular need of an upgrade.
The amount of land is considerable, and it is also possible that it exceeds what is typically offered with similar properties in the immediate area. However, the images indicate the presence of both a garden and a separate yard, which has obvious potential for development and extension, in addition to the overgrown land visible in the aerial shots.
Considering the list price of £775,000, it’s essential to weigh up the costs of potential renovations alongside the value of the land and its redevelopment potential. The asking price is higher than some nearby houses, with the nearest comparable properties not having the same extensive plot. However, the potential for modernisation and its size should support the asking price, assuming there are no unforeseen structural problems. A professional survey would be crucial to assess all aspects and ensure the price accurately reflects the property’s true market 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
- 5
- Bathrooms
- 2
- Sqft (est)
- 2,795.70
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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
- 740,833.00 £Increased by 11.45 %
- Est sale value
- 1,428,602.70 £Decreased by 65.47 %
- Average area rental value
- 1,310.00 £/moDecreased by 18.12 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 2.12 %Decreased by 26.64 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Laurel & Wylde marked this listing as sold.
Laurel & Wylde created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Sidcot School | Other Independent School | 0.06 KM | |
Winscombe Primary School | Academy Converter | 1.03 KM | |
Sandford Primary School | Academy Converter | 2.31 KM | |
Shipham Church Of England First School | Academy Converter | 2.47 KM | |
Churchill Academy & Sixth Form | Academy Converter | Outstanding | 2.83 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Bristol Road | £ 545,000 | 0 | 0.00 KM |
Oak Road | £ 560,000 | 0 | 0.00 KM |
Guernsey Road | £ 432,500 | 0 | 0.00 KM |
Somerville Road | £ 326,667 | 0 | 0.00 KM |
Orchard Drive | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Yatton | 3392 | YAT | 8.68 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Oakridge Lane, Winscombe | £ 775,000 | BUY | 5 / 10 | 0.00 KM |
Bristol Road, WINSCOMBE, North Somerset, BS25 | £ 545,000 | BUY | Unknown | 0.33 KM |
Oakridge Close, Winscombe, BS25 | £ 650,000 | BUY | Unknown | 0.37 KM |
Oakridge Lane, Winscombe, BS25 | £ 775,000 | BUY | Unknown | 0.40 KM |
Bridgwater Road, Sidcot, Nr Winscombe, Somerset, BS25 | £ 50,000 | BUY | Unknown | 0.55 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
Myrtle Cottage | £ 370,000 | 0.18 KM |
Bird Rock Cottage | £ 352,500 | 0.18 KM |
The Barn | £ 388,344 | 0.18 KM |
Ye Olde South Barn | £ 360,000 | 0.21 KM |
The Cottage | £ 318,000 | 0.33 KM |