Union Street, Wells
LO

Union Street, Wells

By Lodestone Property

£ 185,000

Reviews

2 out of 5 stars

Lodestone Property says ..

In Wells Somerset, a rare opportunity has arisen to purchase one of the very popular apartments in the King Alfred’s courtyard development for the over 55’s. Tucked away just behind the High Street there is superb and easy access to all the benefits this beautiful small cathedral city...

Property Oracle says ..

This one-bedroom apartment in King Alfred’s Courtyard, Wells, offers a convenient location in the heart of this charming Somerset town. Its proximity to the High Street, shops, and schools is a major advantage. The apartment itself is presented in a generally well-maintained condition, although the interior décor and fixtures (particularly the kitchen and bathroom) appear dated and could benefit from modernisation. The property’s key drawback is the limited outdoor space; it offers only access to a shared communal garden. There is allocated parking available. The asking price of £185,000 appears reasonable considering the location and the fact that it’s an apartment within a retirement development, but buyers should factor in potential renovation costs to update the interior. Overall, this property would likely appeal most to those seeking a low-maintenance, central Wells location and who are comfortable undertaking some modernisation work. The property would suit a single person or a couple looking for a lock-up-and-go lifestyle in a charming town setting.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
550.04

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
399,806.00 £
Decreased by 23.85 %
from 524,997.00 £
Est sale value
239,267.40 £
Increased by 6.88 %
from 223,866.28 £
Average area rental value
1,049.00 £/mo
Increased by 3.76 %
from 1,011.00 £/mo
Est letting value
550.04 £/mo
from 0.00 £/mo
Est rental Yield
3.15 %
Increased by 36.36 %
from 2.31 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Lodestone Property created the listing.

Nearby Schools

NameTypeOfstedDistance
The Blue SchoolAcademy ConverterGood0.69 KM
Wells Cathedral SchoolOther Independent School0.75 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement1.11 KM
Stoberry Park SchoolCommunity SchoolGood1.11 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood1.20 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Huddleston Court £ 245,00000.00 KM
Stuarts Close £ 000.00 KM
Kennion Road £ 239,95000.00 KM
Montery Close £ 000.00 KM
Melrose Court £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Union Street, Wells £ 185,000BUY5 / 100.00 KM
Union Street, Wells, BA5 £ 265,000BUY6 / 100.04 KM
Avenue House, Wells, Somerset £ 1,350,000BUY7 / 100.07 KM
High Street, Wells £ 350,000BUYUnknown0.10 KM
The Courtyard, Union Street £ 350,000BUYUnknown0.11 KM

Nearby Properties

AddressPriceDistance
29 Chamberlain Street £ 965,0000.10 KM
16 Priest Row £ 190,0000.10 KM
22 Priest Row £ 340,0000.10 KM
49 Chamberlain Street £ 305,0000.10 KM
4 Priest Row £ 326,0000.10 KM