2 Bed Bungalow, Refurb/BRRR, Sherborne, DT9 4PF, £175,000

Manor Close, Charlton Horethorne, Sherborne, DT9 4PF - 25 days ago

Refurb/BRRR
ROI: 1%
~68 m²
+12 photos

ValuationFair Value

Sold Prices£144.5K - £400K
Sold Prices/m²£1.9K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£176,750

 

 

End Value (After Refurb)

£224,832

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Refurb Costs

£27,615

Bridging Loan Interest

£4,594

Total Cash In

£87,659

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£224,832

Mortgage (After Refinance)

£168,624

Mortgage LTV

75%

Cash Released

£37,374

Cash Left In

£50,285

Equity

£56,208

Rent Range

£850 - £15,000

Rent Estimate

£990

Running Costs/mo

£921

Cashflow/mo

£69

Cashflow/yr

£833

ROI

1%

Gross Yield

7%

Local Sold Prices

40 sold prices from £144.5K to £400K, average is £225K. £1.9K/m² to £5.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£251K06/210.19 mi660, The Knapp, Charlton Horethorne, Sherborne, Somerset DT9 4PQ2
£207K04/211.91 mi3, The Bungalows, Poyntington, Sherborne, Dorset DT9 4LE2
£400K05/222.18 miWindmill Cottage, Cheriton Hill, North Cheriton, Templecombe, Somerset BA8 0AB2
£299.9K07/232.41 mi11, Henning Way, Milborne Port, Sherborne, Somerset DT9 5HN2
£200K11/222.46 miAsh Cottage, Lower Kingsbury, Milborne Port, Sherborne, Somerset DT9 5ED2
£230K04/212.62 mi36, Bauntons Orchard, Milborne Port, Sherborne, Somerset DT9 5BP2
£194K05/212.64 mi28, Bauntons Close, Milborne Port, Sherborne, Somerset DT9 5BY2
£194K05/212.64 mi28, Bauntons Close, Milborne Port, Sherborne, Somerset DT9 5BY2
£320K03/232.67 miChestnut Cottage, 27, Slades Hill, Templecombe, Somerset BA8 0HF2
£220K11/222.67 mi45, Prankerds Road, Milborne Port, Sherborne, Somerset DT9 5BX2
£327.5K05/212.67 mi35, Newtown, Milborne Port, Sherborne, Somerset DT9 5BJ2
£240K12/202.69 mi3, Plover Close, Milborne Port, Sherborne, Somerset DT9 5DD2
£207.5K08/232.69 mi54, Gainsborough, Milborne Port, Sherborne, Somerset DT9 5BB2
£148.5K02/212.71 mi35, Bowden Road, Templecombe, Somerset BA8 0LF2
£215K06/232.71 mi61, Bowden Road, Templecombe, Somerset BA8 0LF2
£219.9K03/212.71 miQuayside Cottage, Cold Harbour, Milborne Port, Sherborne, Somerset DT9 5EL2
£240K05/222.72 miJasmine, 5, Blackmore Vale Close, Templecombe, Somerset BA8 0HB2
£287.5K03/222.72 miPoppies, 2, Blackmore Vale Close, Templecombe, Somerset BA8 0HB2
£230K08/232.72 mi3, Gascoigne Place, Milborne Port, Sherborne, Somerset DT9 5FE2
£238K11/222.73 mi3, East View, Milborne Port, Sherborne, Somerset DT9 5DZ2
£190K10/202.75 mi8, Plover Road, Milborne Port, Sherborne, Somerset DT9 5DA2
£230K03/212.77 mi32, Redwing Road, Milborne Port, Sherborne, Somerset DT9 5DB2
£230K03/232.79 mi53, Yarn Barton, Templecombe, Somerset BA8 0JJ2
£245K08/222.79 mi75, Yarn Barton, Templecombe, Somerset BA8 0JJ2
£270K11/222.79 mi63, Yarn Barton, Templecombe, Somerset BA8 0JJ2
£220K06/232.79 mi39, Yarn Barton, Templecombe, Somerset BA8 0JJ2
£235K09/222.82 mi25, Yarn Barton, Templecombe, Somerset BA8 0JH2
£171K03/212.82 mi11, Yarn Barton, Templecombe, Somerset BA8 0JH2
£210K03/222.82 mi14, The Knapp, Templecombe, Somerset BA8 0JP2
£165K12/202.82 mi14, The Knapp, Templecombe, Somerset BA8 0JP2
£192K05/222.82 mi18, The Knapp, Templecombe, Somerset BA8 0JP2
£144.5K10/222.85 mi25, Brines Orchard, Templecombe, Somerset BA8 0JL2
£180K06/212.86 mi19, Brines Orchard, Templecombe, Somerset BA8 0JL2
£180K06/212.86 mi19, Brines Orchard, Templecombe, Somerset BA8 0JL2
£180K04/232.86 mi28, High Street, Templecombe, Somerset BA8 0JE2
£240K04/222.87 mi5, Templars Barton, Templecombe, Somerset BA8 0AX2
£255K04/212.87 miRosebank, Sansomes Hill, Milborne Port, Sherborne, Somerset DT9 5AJ2
£200K04/222.87 mi13, Templars Barton, Templecombe, Somerset BA8 0AX2
£230K08/212.88 mi8, Elliscombe Park, Wincanton, Somerset BA9 8EA2
£312.5K04/212.88 mi21, High Street, Templecombe, Somerset BA8 0JF2

Local Rents

23 rents from £850/mo to £15K/mo, average is £980/mo.

RentDateDistanceAddressBeds 
£97508/240.01 mi-2
£1,00003/240.56 miCharlton Horethorne1
£2,85011/241.23 mi-6
£4,00004/241.23 miFoxcombe Lane, Horsington6
£85007/231.45 mi-1
£85009/231.45 mi-1
£87501/251.45 mi-1
£97503/251.45 mi-1
£1,15011/241.46 mi-2
£1,08512/231.47 mi-2
£98007/241.47 mi-1
£98005/241.47 miClare Cottage, Sherborne, DT91
£1,29002/241.84 mi-3
£95003/242.09 miWhitcombe Cottages, Corton Denham, Sherborne3
£3,25003/242.13 miBA223
£3,25003/242.16 miBA223
£1,85008/232.21 mi-3
£2,25003/242.3 miNorth Cheriton, Templecombe4
£15,00004/242.4 miHorsington, Templecombe, Somerset, BA88
£92005/242.44 miDairy House Cottages, Compton Road, South Cadbury BA222
£92003/242.44 mi1 Dairy House Cottages, Compton Road, BA222
£92003/242.44 mi1 Dairy House Cottages, Compton Road, BA222
£95012/242.47 mi-2

Local Area Statistics

Population in DT9

20,760

Town centre distance

4.23 miles away

Nearest school

0.10 miles away

Nearest train station

2.76 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £175,000

March 13, 2025

Floor Plans

Description

  • No onward chain +
  • Good sized rear garden +
  • Village location +
  • Two bedrooms +

SUMMARY
A two bedroom semi-detached bungalow with NO ONWARD CHAIN situated in the popular village of Charlton Horethorne. In need of some modernisation this property is not to be missed with a good sized garden to the rear. Contact us today to arrange a viewing.

DESCRIPTION
Charlton Horethorne is a village and civil parish in Somerset, England, situated 5 miles (8 km) south-west of Wincanton and 5 miles (8 km) north-east of Sherborne. The village has a number of amenities including the ever popular 'The Kings Arms Country Hotel', village shop, primary school and numerous small businesses as well as an ever-increasing number of groups and clubs organising a wide range of activities, often with the support of the very active Charlton Horethorne Village Hall Committee.

Hall 
Dimplex quantum heater, access to the loft and the electric consumer unit.

Lounge 15' 2" max x 12' 4" max ( 4.62m max x 3.76m max )
Double glazed window to the front, Dimplex quantum heater, water heater and a cupboard housing the hot water tank.

Kitchen 10' 3" x 6' 7" ( 3.12m x 2.01m )
Double glazed window to the front, wall and base units, ceramic sink and drainer.

Bedroom One 11' 6" x 9' 10" ( 3.51m x 3.00m )
Double glazed window to the rear and a Dimplex quantum wall heater.

Bedroom Two 10' 2" x 6' 8" ( 3.10m x 2.03m )
Double glazed window to the rear and a Dimplex quantum heater.

Wetroom 6' 8" x 5' 5" ( 2.03m x 1.65m )
Double glazed window to the side, Dimplex quantum heater, electric heater, WC and a wash hand basin.

Front Garden 
Small garden to the front with accessible path to the side door.

Rear Garden 
To the rear the garden is mainly laid to lawn with patio seating area and path leading to the shed.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Sherborne

01935 313845

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.