2-bedroom bungalow · TA21 9AT
Sold STCListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 2 double bedroom detached bungalow occupying a corner plot position in this favourable residential area on the South side of Wellington yet within walking distance of the town centre.
The property benefits from a low maintenance garden with garage, driveway parking and additional parking for a motorhome.
The accommodation comprises in brief; front door opens into the entrance hallway with doors to all rooms.
The living space has been cleverly designed to be open plan in concept yet with distinct areas and ample space for furnishings.
The kitchen is fitted with a comprehensive range of wall and base units with a full range of integrated appliances and a breakfast bar return.
French doors open from the sitting area into the garden, creating a sense of indoor/outdoor living, ideal for entertaining family and friends in the warmer months.
There are two double bedrooms with built in wardrobes serviced by a modern shower room with large walk in unit.
Externally, the property is set back from the road with an enclosed garden which has been cleverly designed with ease of maintenance in mind.
The garden could also accommodate additional parking, for example for a motorhome, accessed by twin vehicular gates.
In addition, there is a driveway in turn leading to the garage which has light and power connected and a personnel door.
LOCATION Elworthy Drive is one of the most popular roads on the South side of Wellington, surrounded by a similar mix of residential properties within walking distance of the town centre.
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 Wellington town centre office proceed in the Exeter direction turning left at the traffic lights into South Street passing Wellington School.
Continue straight over the first mini roundabout and at the second mini roundabout, bear right into Wellesley Park.
Turn second right into a continuation of Wellesley Park until you reach a small roundabout bearing left into Swains Lane and then first left into Elworthy Drive where the property will be seen after a short distance on the right hand side.
Value & comps
No previous sales on record.
Returns
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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 Elworthy Drive, Wellington
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