2-bedroom bungalow · BA5 2FW
Listing removedListed 455 days
Opportunity summary
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About
No onward chain. A detached bungalow, requiring some modernisation, pleasantly situated in a popular residential area on the west side of Wells.
The property includes a dual-aspect sitting/dining room and a generous conservatory. Outside, there is ample driveway parking, a garage with an electric door and an enclosed garden. EPC rating C.
A door to the side of the bungalow opens into a central L-shaped hall, which incorporates a built-in cupboard housing the gas-fired boiler and gives access to the loft space.
The property has a spacious sitting/dining room, which has a double glazed window to the side and a box-bay window to the front.
Adjoining the sitting/dining room is the kitchen, which is fitted with a range of matching floor and wall units and offers space for a freestanding cooker, washing machine and an under-the-counter fridge.
Requiring some modernisation, the kitchen includes a pantry cupboard and a side door leading out to a double glazed porch (with an external door to the front), as well as having a serving hatch opening through to the sitting room.
There are two bedrooms plus a study. The master bedroom and the study both have built-in wardrobes.
Entered from the study at the rear of the property is an excellent-sized, double glazed conservatory, providing a further space for seating and dining, with a door opening out to the garden.
Completing the accommodation is a contemporary shower room, fitted with a white suite comprising a low-level WC, a pedestal wash hand basin, a large ‘walk-in’ shower and a heated towel rail.
Outside A driveway provides off-road parking for two to three vehicles and leads to a single garage, which has an electric roller door, light and power.
To the side of the garage is a covered storage area with a gated entrance, ideal for items of garden equipment etc.
At the front of the bungalow is a section of garden with raised planting and established shrubs.
A pathway then leads around to either side of the property; one to the main entrance and the other to an area of patio, with access continuing into the rear garden.
The rear garden is enclosed to all sides by fencing and is predominantly laid to lawn with mature shrubs, plants and fruit trees.
Within the garden, there is a timber shed and a space beside the conservatory for a bistro table and chairs.
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.
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
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FAQ
About 45, Lethbridge Road, Somerset
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