2-bedroom terraced house · BA5 3LJ
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented and very stylish! This Victorian terraced house is set on the eastern outskirts of the city with a 140' long south-facing garden.
In immaculate order the property has been sympathetically refurbished in recent years with a new kitchen, the majority of the windows replaced and an overhauled central heating system.
Location Wells is the smallest city in England and offers a vibrant high street with a variety of independent shops and restaurants as well as a twice weekly market and a choice of supermarkets including Waitrose.
The property is close to the edge of the city with Wells Golf Course just beyond. There are lovely walks to the city centre.
Amenities in the city include a leisure centre, independent cinema and a theatre.
Bristol and Bath lie c.22 miles to the north and north-east respectively with mainline train stations to London at Castle Cary (c.11 miles) as well as Bristol and Bath.
Bristol International Airport is c.15 miles to the north-west. Of particular note is the variety of well-regarded schools in both the state and private sectors in Wells and the surrounding area.
Directions From Wells city centre follow signs for The Horringtons B3139 into St Thomas Street.
Continue into Bath Road and the property can be found on the right hand side just after the turning to Kings Castle Road. A for sale board is displayed.
Agents Note: There are no building regulations for the attic There is a right of way across the rear garden for the residents' of the terrace Material Information Identity Verification To ensure full compliance with current legal requirements, all buyers are required to verify their identity and risk status in line with anti-money laundering (AML) regulations before we can formally proceed with the sale.
This process includes a series of checks covering identity verification, politically exposed person (PEP) screening, and AML risk assessment for each individual named as a purchaser.
In addition, for best practice, we are required to obtain proof of funds and where necessary, to carry out checks on the source of funds being used for the purchase.
These checks are mandatory and must be completed regardless of whether the purchase is mortgage-funded, cash, or part of a related transaction.
A disbursement of £49 per individual (or £75 per director for limited company purchases) is payable to cover all aspects of this compliance process.
This fee represents the full cost of conducting the required checks and verifications.
You will receive a secure payment link and full instructions directly from our compliance partner, Guild365, who carry out these checks on our behalf.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About Bath Road, Wells
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