2-bedroom bungalow · BA5 2GB
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Set within a quiet cul-de-sac, this two double bedroom semi-detached bungalow offers generous parking, a single garage and the benefit of no onward chain.
The property provides an excellent blank canvas for a new owner to renovate and make their own, with well-proportioned accommodation and a good-sized enclosed garden.
Upon entering, the property opens into a spacious entrance hall with plenty of room for coats and shoes.
The main sitting and dining area is open plan and enjoys a pleasant outlook over the front garden and a woodburning stove as an attractive focal point..
The adjoining kitchen is fitted with a range of units, with space for appliances and white goods, along with a door providing access to the side of the property and garage.
Both bedrooms are good-sized doubles and have views overlooking the rear garden, with the larger bedroom benefiting from built-in wardrobes.
The shower room comprises a shower enclosure, WC and wash basin. OUTSIDE To the front of the property is a generous garden, mainly laid to lawn with a variety of mature shrubs and bushes.
A driveway provides parking for three to four vehicles in tandem and leads to the single garage.
The South East-facing rear garden is fully enclosed, and includes a shed and summer house and can also be accessed via a pedestrian side gate.
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 SERVICES Mains drainage, water, gas and electricity are all connected.
LOCAL AUTHORITY Somerset Council COUNCIL TAX Band 'C' EPC RATING Rating 'D' VIEWING Strictly by appointment with Cooper and Tanner.
Tel: DIRECTIONS Proceed out of Wells on the A371 signposted Cheddar onto the Portway. Take the Second right into Charter Way.
Proceed along Charter Way and take the second left into Wheeler Grove, continue for approx. 150m where the road splits.
Turn right and the property can be found a little further along on the right hand side.
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
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FAQ
About Wheeler Grove, Wells, BA5
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