3-bedroom terraced house · TA21 8JA
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
18 George Street is a delightful three bedroom terraced character home situated within walking distance of Wellington town centre.
Believed to have been built in 1895, this Victorian red brick house is now in need of updating throughout and would offer an exciting opportunity for an incoming buyer.
Offered to the market with vacant possession and NO ONWARD CHAIN.
The accommodation on offer comprises in brief; uPVC front door opens into the entrance hall with doors to the principal rooms and stairs to the first floor.
The sitting room lies to the front of the property with a bay window, gas fire and space for everyday furnishings.
The spacious dining room enjoys exposed floorboards, a feature fireplace and is open plan directly through to the kitchen which in turn leads to the garden.
Completing the ground floor is the family bathroom. To the first floor there are two double bedrooms with an additional bedroom to the second floor.
Outside, the property is set back from the road with a front garden enclosed by a low brick wall.
The main garden lies to the rear and is predominantly laid to lawn with a useful right of way across neighbouring properties in the terrace.
LOCATION Wellington is a popular market town boasting an assortment of both independently run shops and larger national stores to include the well renowned Waitrose whilst also benefitting from a range of educational and leisure facilities, a Sport Centre, cinema and The Cleve Hotel & Spa.
The landmark Wellington Monument showcases extensive views across the Blackdown Hills which is an Area of Outstanding Natural Beauty.
There is also a regular bus service to outlying villages and to the County Town of Taunton which is approximately 7 miles distant with its main line railway station.
The M5 Motorway can be accessed via Junction 26 just outside Wellington.
DIRECTIONS From our office proceed in the Exeter direction turning right at the town centre traffic lights into North Street.
Continue along with road until it becomes Waterloo Road, turning right into George Street.
Proceed along this road where No.18 can be found a short distance on the left hand side as indicated by our For Sale board.
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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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 18, George Street, Wellington
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