4-bedroom house · BA5 2PF
Opportunity summary
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About
A rare opportunity to renovate or develop a four bedroom, Grade II listed property in the centre of Wells, with gardens and off street parking.
About the property A rare opportunity to renovate or develop this charming Listed Grade II, four-bedroom house, in the centre of England's smallest city.
Originally two houses and most recently used at the Presbytery for St Joseph & Teresa’s Church, this period property has surprisingly generous proportions and a highly flexible layout with gardens and off-street parking, all just a short stroll from the Cathedral.
A splendid period house for family use but also ideal for development.
About the inside Offering some fantastic Arts & Crafts features amongst detail from other periods, it is evident how the property has evolved throughout the years.
There are two staircases, one from the formal entrance hall and a second towards the middle of the property. There are four reception rooms, all a good size and each with its own feature fireplace.
To the centre is a spacious kitchen which has been updated in recent years. There is a Cloakroom on this floor, opposite a third external door.
The first-floor houses four double bedrooms and a family bathroom with bath and walk in shower. There is significant loft space to explore here too, thanks to the distinctive pair of double roofs.
About the outside The Presbytery gardens are host to a wonderful variety of flower beds and lawn and have been well tended over the years.
There is provision for off street parking for two cars, and the garden extends behind the property by some distance and offering further opportunity to extend (Subject to Planning Permission).
About the area Chamberlain Street, is situated in a desirable area within central location in the historic cathedral city of Wells.
Wells is the smallest city in England and offers a range of shopping facilities including a high proportion of independent shops and boutiques, banks, restaurants, public houses, cinema and churches.
The stunning market square holds a farmer’s market on Wednesday and Saturday.
The nearby Georgian city of Bath and the regional centre of Bristol are also within good commuting distance, while Castle Cary Station with links to London Paddington and Exeter is a fifteen-minute drive away.
Bristol International Airport is 17 miles away.
Useful Information Postcode - BA5 2PF W3W - lawyer.jump.zinc Local Authority - Somerset Council Listed Building Grade: II List Entry Number: 1382925 Council Tax – Band D Energy Performance Certificate Rating - EPC Exempt Tenure - Freehold Viewings - Strictly by appointment with the Vendors agent Killens
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About The Presbytery, Chamberlain Street, Wells
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