Wells
RO

Wells

By Roderick Thomas

£ 360,000

Reviews

3 out of 5 stars

Roderick Thomas says ..

A large building, previously used as a sheep/cattle shed and workshop. Delightful, peaceful location facing southwest to beautiful rolling countryside. Potential.

Property Oracle says ..

This property in Wells, Somerset presents a unique opportunity, but also presents potential challenges. The listing describes a large building, previously a sheep/cattle shed and workshop, situated in a delightful rural location. The surrounding area is visually appealing, encompassing rolling countryside views. The property’s condition, however, requires careful consideration. The photographs reveal a structure that needs significant renovation and modernisation before it becomes habitable. This is a substantial undertaking. The lack of bathroom and bedroom details in the provided data prevents us from accurately assess the property’s scope. The proximity to several well-regarded primary schools and the market town of Wells are positive aspects for families or individuals seeking a rural but accessible lifestyle. The price may be considered fair, relative to land value in the area, but prospective buyers need to budget for extensive refurbishment. Overall, the property is suited towards buyers with experience in property development or those who are attracted to a project that will need a great deal of work and investment. The absence of key details like square footage and the lack of a full interior view limits a comprehensive appraisal.

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
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0

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
475,000.00 £
Increased by 2.81 %
from 462,030.00 £
Average area rental value
1,350.00 £/mo
Increased by 1.35 %
from 1,332.00 £/mo
Est rental Yield
3.41 %
Decreased by 1.45 %
from 3.46 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Roderick Thomas marked this listing as sold.

  • Roderick Thomas created the listing.

Nearby Schools

NameTypeOfstedDistance
Wookey Primary SchoolCommunity SchoolGood1.57 KM
St Lawrence'S Cofe Primary SchoolVoluntary Controlled SchoolGood3.40 KM
Coxley Primary SchoolCommunity SchoolGood3.71 KM
Wells BuildingChildren's Centre Linked Site3.91 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood4.05 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Buttice Lane £ 000.00 KM
High Street £ 000.00 KM
Ashley Court £ 000.00 KM
Henley Lane £ 489,99500.00 KM
Poplar Farm £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wells £ 360,000BUY6 / 100.00 KM
Wells £ 80,000BUY5 / 100.03 KM
Wells £ 2,200,000BUY7 / 100.05 KM
Easton, near Wells £ 450,000BUY6 / 100.11 KM
Dummis Lane, Wookey, BA5 £ 125,000BUY6 / 100.48 KM

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AddressPriceDistance
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Rusmoor House £ 406,5000.81 KM
Stone Cottage £ 215,0000.81 KM