3-bedroom house · BA5 3LE
Listing removedListed 286 days
Opportunity summary
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About
Drake Road, Wells Property Description: Guide Price £350,000 - £365,000.
Set on the popular east side of Wells, this spacious three bed property has been stylishly renovated creating a beautiful home looking out onto a small green to the front with an enclosed courtyard garden at the rear.
The house is ideally placed close to local amenities and within easy walking distance of the historic city centre, while also enjoying close proximity to the rolling Somerset countryside - perfectly balancing rural life with the convenience of a vibrant, well-connected community.
The property has been thoughtfully renovated throughout, featuring engineered oak flooring and a fresh, contemporary décor.
The light-filled porch leads into a good-sized sitting room, where large floor-to-ceiling windows flood the space with natural light and offer views of the front terrace and communal lawn area.
There is scope to install a wood burner to create a cosy focal point. Double doors connect the sitting room to a generous kitchen and dining room, designed for modern living.
Sliding doors open directly from the dining area to the rear courtyard, while the stylish kitchen has been recently updated and includes a breakfast bar, induction hob, double oven, integrated dishwasher, built-in fridge/freezer, and a walk-in pantry tucked neatly beneath the stairs.
A utility and boot room at the rear provides practical storage and access to the driveway, with potential to create a downstairs WC if desired.
Upstairs, there are two well-proportioned double bedrooms, both with built-in wardrobes, and a single bedroom with fitted cupboard, currently arranged as a study.
The family bathroom includes a bath with overhead shower.
Outside: To the front, there is a paved terrace overlooking a communal lawned area, surrounded by planting and shrubbery which provides some privacy.
At the rear, the enclosed courtyard garden is paved and has raised beds, providing the perfect sit out to enjoy the morning sun.
There is a driveway leading to a single garage at the rear of the property as well as plenty of on-street parking for visitors.
Location: Situated on the popular east side of the picturesque city of Wells, this property is a stone throw from beautiful countryside walks within an aonb (Area of Outstanding Natural Beauty) and also short walk to Budgens convenience store with post office, banking and petrol.
It is also only a mile walk to the bustling high street and market place with twice weekly produce market.
Less than a mile away, Wells Golf Club has a café and restaurant and just up the hill, the Rocky Mountain Nursery has an amazing fruit and vegetable stall every Thursday and Saturday.
The vibrant city centre provides a range of local amenities with three supermarkets (Waitrose being the closest), a cinema, leisure centre, numerous coffee shops, pubs and restaurants to choose from, several dentists and doctors, some fabulous independent shops and even some art shops for those seeking something a little different.
There are also famous historical landmarks such as the Cathedral and Bishop's Palace, and the performing arts venue of Cedars Hall offers a range of cultural events throughout the year including concerts, festivals, exhibitions, films, talks and more.
There are excellent state schools in the vicinity: Stoberry Park School, St Cuthbert's CofE Junior School, St Joseph and St Teresa Catholic Primary School and The Blue School as well as independent schools including Wells Cathedral School on your doorstep.
All Hallows Prep School, Downside and Millfield are just a short drive away. The cities of Bath and Bristol are with easy reach and Bristol International Airport is 16 miles away.
There are main line rail links to London and the Southwest at Castle Cary (12 miles), Bristol and Bath.
Less than 15 minutes away is the market town of Shepton Mallet and Street and Glastonbury are 20 minutes away.
Directions: SatNav = BA5 3LE / What3Words = ///electric.ambushes.widen Council Tax: Band D (correct at time of marketing).
To check council tax for this property, please refer to Services: Gas central heating, mains water, drainage and electricity.
Tenure: This property is freehold and is sold with vacant possession upon completion.
Local Authority: Somerset Council Additional Property Notes: This property is built of traditional construction and has had no adaptions for accessibility.
There are steps leading up to the front door and steps in the rear terrace. Street parking is available in the surrounding area.
The green at the front of the property is shared ownership with the neighbouring properties.
Identity verification: Please note, Sandersons UK are obligated by law to undertake Anti Money Laundering (aml) Regulation checks on any purchaser who has an offer accepted on a property.
We are required to use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per property and accepted offer.
This is payable at the point an offer is accepted and our purchaser information form is completed, prior to issuing Memorandum of Sales to both parties respective conveyancing solicitors.
This is a legal requirement and the charge is non-refundable. Disclaimer: Sandersons and their clients state that these details are for general guidance only and accuracy cannot be guaranteed.
They do not form any part of any contract. All measurements are approximate, and floor plans are for general indication only and are not measured accurate drawings.
No guarantees are given with any mentioned planning permission or fitness for purpose.
No appliances, equipment, fixture or fitting has been tested by us and items shown in photographs are not necessarily included.
Buyers must satisfy themselves on all matters by inspection or through the conveyancing process. Register for new listings before the portal launch:
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Archie refurb estimate: a Pro feature
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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 48 Drake Road, Wells, Somerset
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