3-bedroom terraced house · BA5 2BX
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION A spacious three bedroom terrace house with parking, east facing garden, solar panels, electric car charging point and offered with no onward chain.
Upon entering the house is a hall with space for shoes and coats. The kitchen/dining room is a large room with access to both the front and rear gardens.
The kitchen comprises a range of units, space for a range cooker, a larder cupboard and ample space for a good sized table.
The sitting room is a lovely dual aspect room with garden views and a wood burner as the focal point.
To the first floor are three good sized bedrooms, two double bedrooms to the front both with fitted storage.
The third bedroom, currently used as a double but could equally be used as a large single/home office which has views overlooking the gardens.
The shower room features a large walk-in shower and basin with a separate w/c adjacent. OUTSIDE To the front is a hardstanding with parking for two cars and an EV charging point.
The garden is mainly laid to lawn with a gravel area for outside furniture, and a wooden shed for storage.
LOCATION The picturesque City of Wells offers a range of local amenities and shopping facilities with four supermarkets (including Waitrose), as well as twice weekly markets, cinema, leisure centre, a choice of pubs and restaurants, dentists and doctors, several churches and both primary and secondary state schools.
There are also many highly-regarded independent schools (Prep & Senior) within easy reach, such as All Hallows Prep School, Downside School, Wells Cathedral School and Millfield School.
For those travelling by train, Castle Cary station (which has direct services to London Paddington) is situated only twelve miles away.
Both the City of Bristol and the Georgian City of Bath, a World Heritage Site, are located just 20 miles away and easily accessible.
TENURE Freehold HEATING Gas central heating & Solar panels SERVICES Mains drainage, water, gas and electricity are all connected LOCAL AUTHORITY Somerset Council COUNCIL TAX Band 'B' EPC RATING Rating 'B' VIEWING Strictly by appointment with Cooper and Tanner.
Tel: DIRECTIONS From the Wells office, continue along Priory road to the roundabout. At the roundabout take the third exit onto Strawberry Way (passing Lidl on your right).
At the traffic lights turn left into Burcott Road. Continue for approx. 400 metres and turn right into Balch Road. Number 83 can be found on the left 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 Balch Road, Wells, BA5
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