Lethbridge Road, Wells, BA5
CO

Lethbridge Road, Wells, BA5

By Cooper & Tanner

£ 35,000

Reviews

1 out of 5 stars

Cooper & Tanner says ..

A splendid single storey attached barn, currently used as a storage/lock up accessed from Lethbridge Road and with no onward chain. The property is of block and stone construction with a pitched roof and exposed steel beams. The property has a right of access through a metal five bar gate with...

Property Oracle says ..

The property is a barn in need of significant renovation. The exterior shows signs of disrepair, with damaged walls and overgrown vegetation. The interior images reveal a cluttered space with exposed brickwork and a generally dilapidated condition. The property requires substantial work to become habitable. The plot size is listed as 0.00 sqft, which suggests a lack of significant garden space. There is a small yard area visible in the photographs, but this is minimal. Considering the average price per sqft in the area is £239 and the average house price is £355,683, the list price of £35,000 for this dilapidated barn is relatively low. However, the lack of habitable space and the extensive renovation needed must be taken into account. The property’s value is significantly impacted by its condition. Nearby properties, while varying in type and size, suggest higher values for properties in better condition. The low price reflects the significant investment required to make the barn habitable. The lack of information regarding the plot size makes a definitive assessment of land value difficult. The location, while in Wells, requires further investigation to determine its proximity to amenities, schools, and transport links. The provided data on nearby schools indicates several options within a reasonable distance. However, information on transport links is absent.

Therefore, we give this property 2 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
2
Location
0
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
276.00

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 %
from 404,881.00 £
Est sale value
104,052.00 £
Increased by 16.36 %
from 89,424.00 £
Average area rental value
1,250.00 £/mo
Increased by 32.42 %
from 944.00 £/mo
Est letting value
276.00 £/mo
from 0.00 £/mo
Est rental Yield
5.56 %
Increased by 98.57 %
from 2.80 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Cooper & Tanner created the listing.

Nearby Schools

NameTypeOfstedDistance
Wells BuildingChildren's Centre Linked Site0.65 KM
The Blue SchoolAcademy ConverterGood0.67 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement0.71 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood0.73 KM
Wells Cathedral SchoolOther Independent School1.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Davies Court £ 000.00 KM
Coronation Road £ 195,00000.00 KM
Algar Court £ 70,00000.00 KM
Welsh Court £ 000.00 KM
Westfield Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lethbridge Road, Wells, BA5 £ 35,000BUY2 / 100.00 KM
Portway, Wells, BA5 £ 575,000BUYUnknown0.05 KM
Portway, Wells, BA5 £ 699,950BUY7 / 100.06 KM
Lethbridge Road, Wells, BA5 £ 299,950BUY6 / 100.10 KM
Lethbridge Road, Wells, Somerset, BA5 £ 375,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
6 Golding Close £ 310,0000.05 KM
4 Golding Close £ 85,0000.05 KM
17 Golding Close £ 160,0000.05 KM
27 Golding Close £ 199,9990.05 KM
16 Golding Close £ 273,0000.05 KM