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See how verdicts work3-bedroom house · BA5 2UY
Opportunity summary
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About
St. Thomas Street Property Description: Guide Price: £400,000 - £425,000.
Tucked away in a quiet and highly desirable position on the eastern side of Wells, this delightful three bedroom period cottage has a wonderful blend of character, space and future potential, all within walking distance of the city’s historic Market Place.
The entrance porch opens into the lobby area which is an ideal space for a desk or study corner.
From here, steps descend into the well-appointed kitchen/breakfast room, fitted with classic white shaker-style cabinetry, granite worktops and a range of integrated appliances including a Neff cooker, dishwasher and under-counter refrigeration.
A window overlooks the garden, creating a light and sociable heart to the home.
Adjoining the kitchen is an impressive sitting room of generous proportions, rich in character with exposed beams, a wood burning stove, bespoke shelving and a charming window seat.
A glazed door opens directly onto the Limestone flagged paving that runs across the front of the cottage with the pretty garden beyond.
A large utility room provides excellent additional space, with scope to incorporate a downstairs cloakroom if desired.
The boiler, installed approximately three years ago, adds to the home’s practical appeal.
Upstairs, three well-sized, double bedrooms have lovely views over the garden, each enhanced by traditional ledge and brace doors with wrought iron latches.
The family bathroom is fitted with a white suite with a shower over the bath, complemented by a useful built-in cupboard on the landing, ideal for linen or wardrobe storage.
From the landing, steps lead up to the attic room, where a Velux window frames delightful views towards Wells Cathedral and Tor Woods.
This space has exciting potential for conversion into an additional bedroom, subject to the necessary consents.
Outside: The property is set within a charming, enclosed garden bordered by stone walls, mature shrubs and trees. A paved path leads from North Grove, where there is ample on-street parking.
A timber shed provides useful storage, and there is further potential, subject to planning, to create private parking within the garden itself.
A rare opportunity to acquire a characterful cottage with scope for enhancement, in one of Wells’ most sought-after and convenient locations.
Location: The property is accessed from North Grove just off North Road and there is pedestrian access from St Thomas Street which is on East side of the city within walking distance of Wells High Street, the bustling Market Place and the Cathedral.
This historic city provides a range of local amenities with four 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, as well as the popular twice weekly produce market and Cedars Hall offering a range of cultural events throughout the year.
There are excellent state schools in the vicinity, including 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.
The towns of Glastonbury, Street and Shepton Mallet are all close by and the Cities of Bath and Bristol are within easy reach both by car and by public transport.
Bristol International Airport is less than 30 minutes away by car and Castle Cary Mainline station (12 miles) provides excellent rail links to London Paddington.
Directions: SatNav = BA5 2UY / What3Words = craftsman.trainers.blend Council Tax: Band D (correct at the time of marketing).
Local Authority: Somerset County Council Services: Mains electricity, gas central heating, mains drainage and water. Tenure: Freehold. The property is sold with vacant possession upon completion.
Additional Property Notes: The property is of traditional construction and is in a designated conservation area. There have been no adaptions for accessibility.
There is street parking directly outside the property on North Grove with the potential (STPP) to create a private parking space within the garden.
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.
Identity verification: Please note, Sandersons UK are obligated by law to undertake Anti Money Laundering (aml) Regulations 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. Declaration: The vendor has confirmed that, to the best of their knowledge, the information provided is accurate at the time of marketing.
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Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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About 53d St. Thomas Street, Wells, Somerset
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