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See how verdicts work3-bedroom terraced house · BA5 2US
Listing removedListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain. A beautifully presented three bedroom cottage, conveniently situated within a level walk of Wells city centre.
This period home retains lots of character including exposed beams, flagstone floors and a superb inglenook fireplace with wood burning stove.
In addition, there is a well-tended garden and residents’ permit parking along Tor Street. EPC rating E.
A door to the front of the property opens into the sitting room, which incorporates the staircase to the first floor accommodation.
This comfortable reception room includes an original flagstone floor, an exposed beamed ceiling, a recess under the stairs and a window to the front of the cottage.
One of the main features of this charming property is the attractive stone inglenook fireplace, which has an inset Morso wood burning stove.
A wooden latch door then leads through to the kitchen/dining room, tastefully fitted with a range of matching floor and wall units.
With a window to the side, the kitchen includes solid wood work surfaces, an integrated electric oven and a gas hob with an extractor hood over.
There is space within the kitchen for a freestanding fridge/freezer, a washing machine and a table and chairs.
On the first floor, there are three double bedrooms, all of which benefit from built-in storage.
The master bedroom is located at the back of the cottage and is dual-aspect, enjoying plenty of natural light.
Bedroom two can be found at the front, with a lovely feature fireplace and an outlook towards Wells Cathedral. The landing also provides two good size double cupboards.
Completing the accommodation is the bathroom, which comprises a panelled bath with shower over and central mixer taps, a low-level WC and a pedestal wash hand basin.
Outside Tor Street now has the advantage of residents’ parking permits, which can be purchased from Wells City Council.
A gated and covered walkway to the side is owned by the property and serves as access to the garden, as well as entry to a number of other neighbouring homes.
The well-tended garden is set back from the cottage and offers a particularly pleasant spot for outdoor seating and dining.
Mainly laid to stone chippings with established borders and a beautiful stone wall, the garden also includes a timber shed.
Furthermore, on the opposite side of the road is a wonderful garden for the public and local residents to use, images of which are included on the listing.
The City of Wells is renowned for its beautiful architecture, including the Cathedral and the Bishop’s Palace.
England’s smallest city, Wells, contains many clubs and societies for those wishing to get involved in the thriving local community.
There are excellent shopping facilities, a bustling High Street with both independent and well-known retailers, as well as various major supermarkets, including Waitrose.
Wells also benefits from a busy, twice-weekly produce market in the Market Square.
Bristol and Bath are readily accessible, as is Castle Cary to the south, which has the nearest mainline train station to London Paddington.
There is excellent schooling locally, both state and independent.
The property is conveniently located within easy travelling distance of a number of local primary schools, as well as Wells Blue School (secondary).
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
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FAQ
About 10, Tor Street, Somerset
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