Allen & Harris says ..
Perfect First Time Buy / Investment Property offering spacious & modern living spaces ** Newly Fitted Contemporary Kitchen ** Modern Bathroom ** Open Plan Living/Dining Room ** 2 Double Bedrooms ** With Allocated Parking ** Convenient Access to the City Centre & Open Countryside ** NO CHAIN
Property Oracle says ..
This two-bedroom terraced house in Wells, Somerset, presents a decent opportunity for first-time buyers or investors. The property is situated in a desirable location close to several schools, including Wells Central CofE Junior School, and St Cuthbert’s Church of England Academy. While public transport options are not readily visible, the location offers a relatively easy commute to nearby towns and cities with a personal vehicle.
The property appears well-maintained, but some minor aesthetic updates may be desirable. The newly fitted contemporary kitchen and modern bathroom are positives, though other areas could benefit from minor cosmetic upgrades. The inclusion of a small garden adds to the overall appeal.
The listing price of £260,000 appears to be slightly higher than the average for comparable properties on Serel Drive, but the recent kitchen renovation is a significant upgrade. Overall, given the desirable location, recent renovations and included garden, the property represents a reasonable investment in the Wells housing market, especially for buyers seeking a property that doesn’t require substantial renovations.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 780.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 270,000.00 £Decreased by 33.31 %
- Est sale value
- 294,060.00 £Increased by 16.36 %
- Average area rental value
- 1,250.00 £/moIncreased by 32.42 %
- Est letting value
- 780.00 £/mo
- Est rental Yield
- 5.56 %Increased by 98.57 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Allen & Harris created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wells Building | Children's Centre Linked Site | 0.79 KM | |
| St Cuthbert'S Church Of England Academy Infants And Pre-School | Academy Converter | Good | 0.93 KM |
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 0.99 KM |
| The Blue School | Academy Converter | Good | 1.51 KM |
| Coxley Primary School | Community School | Good | 2.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Priors Hill Close | £ 400,000 | 0 | 0.00 KM |
| Algar Court | £ 70,000 | 0 | 0.00 KM |
| Welsh Court | £ 0 | 0 | 0.00 KM |
| Coronation Road | £ 195,000 | 0 | 0.00 KM |
| Davies Court | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Serel Drive, WELLS | £ 260,000 | BUY | 6 / 10 | 0.00 KM |
| Serel Drive, WELLS | £ 325,000 | BUY | Unknown | 0.00 KM |
| Tuddington Gardens, Wells, BA5 | £ 260,000 | BUY | 5 / 10 | 0.29 KM |
| Elm Close, Wells | £ 475,000 | BUY | 6 / 10 | 0.35 KM |
| Ebbor Gorge Road, Wells | £ 400,000 | BUY | Unknown | 0.35 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 44 Serel Drive | £ 227,500 | 0.00 KM |
| 36 Serel Drive | £ 250,000 | 0.00 KM |
| 30 Serel Drive | £ 139,950 | 0.00 KM |
| 17 Serel Drive | £ 225,000 | 0.00 KM |
| 12 Serel Drive | £ 242,500 | 0.00 KM |