1-bedroom flat · BA5 2PF
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a fantastic position on Chamberlain Street in central Wells, this light and airy first floor apartment has a private parking space, its own garden and is sold Chain Free.
About the property Set on the very desirable and convenient Chamberlain street in central Wells, is this wonderfully light and airy and deceptively spacious double bedroom first floor apartment, with parking and garden.
About the inside The accommodation has a double bedroom with built wardrobe, a fitted bathroom with bath and shower, fitted kitchen and a bright open plan lounge/diner.
The kitchen is galley in style and has a large built in storage cupboard and looks onto the front. The living room adjoins the kitchen and allows space for lounge and dining furnishings.
The double bedroom is a good size room with a window to the side. The bedroom is served by the fitted bathroom suite.
About the outside Externally the home has an off street private parking space and a small garden area belonging to the property, including a garden shed. About the area.
Flat 5 is located on Chamberlain street, just off the high street, with the property therefore within a stone's throw of all of Wells’ major facilities and attractions and there are also supermarkets within walking distance.
Wells offers a bus station with public transport to further parts of the country including Bristol and Bath as well as Street and Glastonbury to the south.
Wells is renowned for its beautiful architecture, the centrepiece being The Cathedral and adjacent Bishop's Palace.
Useful Information Postcode – BA5 2PF W3W - loyal.helper.incur Services - Mains Water/Drainage, Mains Electricity Council Tax - Band B Energy Performance Certificate Rating - D Rating.
Viewings - Strictly by appointment with the vendors agent Killens .
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
Agent & docs
FAQ
About Superb Flat with Garden & Parking in Central Wells
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