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See how verdicts work3-bedroom bungalow · BA5 3HR
Sold STCReduced £30k (−8.6%) on 12 JunListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION A three bedroom detached 1930's bungalow offering huge potential to update, enhance and extend, subject to planning.
The property has been in the same ownership for over 30 years and is now offered with no onward chain. Upon entering the property is an entrance hall with storage cupboard.
The kitchen/dining room features an array of units and ample space for a table for 6 people with views to the front.
The sitting room also has a view to the front with a brick fireplace as the focal point. Two of the bedrooms are spacious doubles, one looking out to the beautiful rear garden.
The third bedroom is a good sized single with garden views. The bathroom has a shower over the bath, toilet and wash hand basin.
OUTSIDE The substantial rear garden is mainly laid to lawn with an array of shrubs, bushes, trees, and flowers beds. A patio area is perfect for outside seating and entertaining.
Wrought iron gates open to a driveway for 2 cars. To the side of the bungalow is an old garage which is in need of complete repair but offers scope provide access if knocked down or rebuilt.
LOCATION The picturesque City of Wells offers a range of local amenities and shopping facilities with four supermarkets (including Waitrose), as well as twice weekly markets, cinema, leisure centre, a choice of pubs and restaurants, dentists and doctors, several churches and both primary and secondary state schools.
There are also many highly-regarded independent schools (Prep & Senior) within easy reach, such as All Hallows Prep School, Downside School, Wells Cathedral School and Millfield School.
For those travelling by train, Castle Cary station (which has direct services to London Paddington) is situated only twelve miles away.
Both the City of Bristol and the Georgian City of Bath, a World Heritage Site, are located just 20 miles away and easily accessible.
TENURE Freehold HEATING Gas central heating SERVICES Mains drainage, water, gas and electricity LOCAL AUTHORITY Somerset Council COUNCIL TAX Band EPC RATING Rating VIEWING Strictly by appointment with Cooper and Tanner.
Tel: DIRECTIONS From Wells take the B3139 signposted to Bath. Continue up St. Thomas Street into Bath Road, passing Budgens garage on your right.
Continue for a further 200m and the property can be found on your left.
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
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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 Bath Road, Wells, BA5
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