1-bedroom flat · TA21 0BB
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor studio apartment ideally located within close walking distance of a range of local amenities and a bus route. Now in need of refurbishment and offered to the market with NO ONWARD CHAIN.
This apartment is ideal as a first property, buy to let investment or 'lock up and leave' and offers the opportunity for an incoming buyer to create a space that is perfect for their own needs and tastes.
The accommodation offers a spacious open plan studio space for both living and sleeping, with an adjoining kitchen in addition to a shower room with separate vanity area.
Externally, the property is set in a tucked away position within this cul de sac with allocated parking for two vehicles.
LEASE INFORMATION The property has a 120 year lease commencing 30th June 1983. There is an annual charge of £198 with financial responsibility for roof repairs and communal electricity.
We understand that mortgageability will be limited and we advise you speak with your mortgage adviser before proceeding.
AGENTS NOTE There is a planning proposal for a development in the adjacent field to Wardleworth Way which would be accessed via the end of the cul de sac.
Planning application reference 43/25/0064.
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 including a Sports 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 Wellington town centre office proceed to the town centre traffic lights turning right into North Street.
Continue along the road until it becomes Waterloo Road and then Station Road.
Cross the railway bridge turning next available right into Wardleworth Way, taking the first right and then following the road around to the right hand side into the car park for the apartments.
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 Wardleworth Way, Wellington
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