We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom bungalow · BA5 2JA
Listing removedListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious detached bungalow occupying a generous plot in a popular residential area.
Available with no onward chain, the property offers versatile accommodation including three to four bedrooms, a well-proportioned reception room and a kitchen/dining room.
Outside, there is driveway parking, a garage and established gardens. Viewings by appointment.
EPC Rating: D A door to the front of the property opens into a central hall, which gives access to the majority of the accommodation and incorporates a built-in airing cupboard.
To the left of the hall is the sitting room, which is dual-aspect and particularly spacious. This comfortable reception room includes a Parquet floor and a fireplace with an inset electric fire.
A door from the sitting room then opens through to a bedroom or home office, offering external access to the garden, plus an adjoining WC with basin and a store cupboard.
On the opposite side, the sitting room leads into the kitchen/breakfast room, fitted with a range of matching floor and wall units.
Within the kitchen there is a pantry, a wall-mounted Worcester combination boiler and space for both a gas-fired range cooker and a fridge/freezer.
A door from the kitchen opens into a useful utility area, providing plumbing and space for a washing machine, as well as further storage and an external door to the garden.
The property has three further double bedrooms, one of which has a built-in double wardrobe.
Completing the accommodation is a good size family bathroom, fitted with a suite comprising a low level WC, a vanity wash hand basin, a panelled bath and a separate shower cubicle.
Outside: To the front of the property there is an area of garden which has established screening and includes a pretty Magnolia tree and planted borders.
Alongside, a driveway provides off-road parking and leads to an attached single garage, with an ‘up and over’ door, light and power.
One of the main selling points of this superb bungalow is the rear garden, which is deceptively large with mature boundaries offering excellent privacy from all sides.
Mainly laid to lawn, the garden also features a patio seating area, a greenhouse, two outside taps, and gated access on each side.
The City of Wells is renowned for its beautiful architecture, including the Cathedral and the Bishop’s Palace.
England’s smallest city, Wells, contains many clubs and societies for those wishing to get involved in the thriving local community.
There are excellent shopping facilities, a bustling High Street with both independent and well-known retailers, as well as various major supermarkets, including Waitrose.
Wells also benefits from a busy, twice-weekly produce market in the Market Square.
Bristol and Bath are readily accessible, as is Castle Cary to the south, which has the nearest mainline train station to London Paddington.
There is excellent schooling locally, both state and independent.
The property is conveniently located within easy travelling distance of a number of local primary schools, as well as Wells Blue School (secondary).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 62, Welsford Avenue, Somerset
Explore nearby