The asking price of £400,000 seems reasonable given the property’s location, size (1,016 sqft), and the average price per square foot in the area (£404). While some renovation may be desired, the price reflects the property’s potential and the desirability of the location.

The property appears to be in reasonable condition, but could benefit from some modernisation. The interior photos show some signs of wear and tear, suggesting that some updates would be beneficial. The bathroom and kitchen, while functional, could be improved to enhance the property’s appeal.

The property is located on St Thomas Street in Wells, placing it within a desirable and historic area. It’s proximity to local amenities, schools, and the city center enhances its appeal. The street itself appears well-maintained and contributes to the overall desirability of the location.

The property includes a garden, which is a desirable feature. While the garden isn’t particularly large, it offers outdoor space for recreation and relaxation. The presence of outbuildings in the garden adds potential for storage or other uses.