2-bedroom flat · TA21 9EN
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
97 Priory is a spacious two double bedroom ground floor flat, presented in excellent decorative order throughout.
The property perfectly placed within short walking distance to the town centre, local primary school and all amenities and is offered to the market with vacant possession and NO ONWARD CHAIN and has the additional benefit of a garden.
The accommodation on offer briefly comprises; entrance hallway leading to a generous sitting room with a electric fire and window to the front elevation and a kitchen/dining room fitted with a comprehensive range of units with plenty of work top space, an integrated oven and hob and space for further appliances.
There are two double bedrooms serviced by the family shower room. The property is set back from the road with a fully enclosed front garden laid to lawn edged by mature flowerbeds.
There is a good sized garden to the rear of the property which has been laid to patio with low maintenance in mind all of which is fully enclosed and benefiting from a useful shed, raised flowerbeds along with a pergola.
Furthermore, there is a purpose-built outbuilding which is connected to power and has been used as a workshop/utility space.
Location This property is situated within walking distance of Wellington town centre with its range of both independently run shops and larger national stores to include an Asda supermarket and the well renowned Waitrose.
Wellington also benefits from a good assortment of both educational and leisure facilities such as a Sport Centre with its own swimming pool and local cinema.
There is a regular bus service to the County Town of Taunton which is approximately 7 miles distant (20 minutes drive away) with its mainline railway station and the M5 can be accessed via Junction 26 just outside the town.
Directions From our Wellington town centre office proceed in the Taunton direction through the traffic lights and after passing St Johns church take the first turning on the right hand side into Priory.
Proceed along this road, as the road bears to the right turn left and the property can be seen on the right hand side as indicated by our For Sale board.
Lease Information The property is leasehold with an assignable lease of 125yrs from April 2006 The Service Charge is approximately £150 per year, with a ground rent of £10 per year.
This information is correct as of the 1st March 2026. AGENTS NOTE Please note there maybe asbestos in the roof of the outbuilding.
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.
Area
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FAQ
About 97, Priory, Wellington
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