2-bedroom bungalow · BA5 1RL
For saleListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DECRIPTION Set in a quiet cul de sac in the popular village of Coxley, is this two bedroom semi detached bungalow.
The property backs onto open fields and benefits from a garage, off road parking and good sized gardens.
Having been within the same family for over 30 years the property offers scope to improve and update, if desired. OFFERED WITH NO ONWARD CHAIN.
Upon entering is a conservatory/porch with space for comfortable furniture. This bright room offers garden views to the front and rear and is the perfect spot to sit and enjoy the sunshine.
From here a door opens into the main hall with shelved airing cupboard housing the hot water cylinder.
The sitting/dining room is a good size with large picture window to the front allowing plenty of natural light.
The room offers space for a dining table to seat four, along with comfortable furniture and a fireplace with 'Dimplex' electric fire in situ, makes a lovely focal point.
A door opens from the sitting/dining room into the kitchen, which again benefits from a front aspect over the garden.
The kitchen comprises a range of fitted units, stainless steel sink and space for a freestanding cooker, washing machine and fridge.
To the rear, overlooking the garden and fields beyond are two double bedrooms, one having fitted cupboards and wardrobes.
The shower room comprises a large walk-in shower, WC , wash basin and obscure window to the side.
OUTSIDE The front garden is laid to gravel, for ease of maintenance, and has space for pots and seating.
To the side is an area of lawn with a border of flowering plants and a path leading to the conservatory/porch.
The rear garden is mainly laid to lawn with a greenhouse and a large bed, ideal for planting or as a vegetable patch. Within the garden are areas of planting and borders with mature trees and shrubs.
Neatly tucked away behind the garage is a wooden shed, ideal for garden storage. To the side of the house is a single garage with 'up and over' door and having the benefit of light and power.
To the front of the garage is a driveway offering parking for one car. LOCATION Coxley is a small village situated a short distance to the south of Wells (approx.
5 minutes drive) and offers facilities including a village hall, primary school, church, cafe and restaurant.
There are regular buses passing through the village, giving easy access to Wells, Bristol, Street, Glastonbury, Taunton, Bridgewater and Yeovil.
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 room heaters to the bedrooms, electric fire in sitting room and electric heater in the shower room. SERVICES Mains drainage, water, gas and electricity are all connected.
LOCAL AUTHORITY Somerset Council COUNCIL TAX Band 'C' EPC RATING Rating 'D' VIEWING Strictly by appointment with Cooper and Tanner. Tel: DIRECTIONS From Wells take the A39, signposted to Glastonbury.
Continue for approx. 1 1/2 miles to the village of Coxley, continue through the village and turn left into Harters Hill lane (immediately before the the church).
Take the next left into Church Road and left again into Vicarage Close. The property can be found on a little further along on the right.
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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FAQ
About Vicarage Close, Coxley, Wells, BA5
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