We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · BA5 2LB
Listing removedReduced £15k (−4.5%) on 20 JunListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer Snell are delighted to offer this well presented three/ four bedroom townhouse situated in a popular development close to the centre of Wells.
This property compromises of three/ four bedrooms over three floors, on the ground floor there is a fourth double bedroom/ family room with patio doors leading out to the garden, a garage and shower room.
To the first floor there is the main spacious sitting room, spacious kitchen with ample storage and oven and hob, utility room for washing machine and dryer and dining room with ample space for a dining table and chairs.
To the second floor there are three bedrooms, the principle room is a genours double bedroom and has an ensuite with walk in shower.
Following on from that there are two further bedrooms and a family bathroom with bath and overhead shower.
To the front of the property there is a parking space and a single garage and to the rear of the property there is a patio garden.
Location Wells is the smallest city in England and offers a vibrant high street with a variety of independent shops and restaurants as well as a twice weekly market and a choice of supermarkets including Waitrose.
Amenities include a leisure centre, independent cinema and a theatre.
Bristol and Bath lie c.22 miles to the north and north-east respectively with mainline train stations to London at Castle Cary (c.11 miles) as well as Bristol and Bath.
Bristol International Airport is c.15 miles to the north-west. Of particular note is the variety of well-regarded schools in both the state and private sectors in Wells and the surrounding area.
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
Agent & docs
FAQ
About 14, St. Andrews Mews, Somerset
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