Cooper & Tanner says ..
FOR SALE BY AUCTION - AUCTION DATE Thursday 20th February 2025 at 12pm - The Theatre, The Royal Bath and West Showground, Shepton Mallet, BA4 6QN - Bid remotely via Livestream, in person or by proxy.A rare opportunity to purchase a detached bungalow on the eastern fringes of Wells. ...
Property Oracle says ..
This property on Bath Road, Wells, is a bungalow currently undergoing a complete renovation. The images reveal significant work in progress, including internal demolition, new roofing, and the installation of new windows and doors. The property’s exterior shows signs of age and requires exterior repairs. The current state necessitates considerable investment in labor and materials before it becomes a habitable home. The finished product, based on the provided architectural plans, indicates a potential three-bedroom home with updated design features. The property has a small rear garden and what looks like off-street parking space. Proximity to schools in Wells is a positive, but data on transport links is unavailable. The price is potentially slightly higher than comparable properties in a finished state. Further information regarding the plot size, and the exact stage of the renovation (completion dates, building regulations compliance etc) will significantly impact the final value. Buyers should be aware of the substantial costs and time commitment involved in completing this project. Potential buyers should carefully factor in those costs and thoroughly inspect the property and the plans to ensure all is compliant before committing to a purchase. Potential buyers should seek professional advice before committing to purchasing the property.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,470.35
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
- 414,000.00 £Decreased by 14.53 %
- Est sale value
- 594,021.40 £Increased by 31.60 %
- Average area rental value
- 1,163.00 £/moIncreased by 22.42 %
- Est letting value
- 1,470.35 £/mo
- Est rental Yield
- 3.37 %Increased by 43.40 %
- Crime Rate
- 49.00 %Unchanged by 0.00 %
Agent Activity
Cooper & Tanner created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Stoberry Park School | Community School | Good | 1.60 KM |
| Wells Cathedral School | Other Independent School | 1.85 KM | |
| Horrington Primary School | Academy Converter | 2.14 KM | |
| The Blue School | Academy Converter | Good | 3.01 KM |
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 3.58 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Foster Close | £ 0 | 0 | 0.00 KM |
| School Lane | £ 875,000 | 0 | 0.00 KM |
| Teulon Court | £ 275,000 | 0 | 0.00 KM |
| B3139 | £ 0 | 0 | 0.00 KM |
| St Andrews Street | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Churchill Road East, Wells, BA5 | £ 315,000 | BUY | Unknown | 0.07 KM |
| Hooper Avenue, Wells, BA5 | £ 425,000 | BUY | 7 / 10 | 0.11 KM |
| 35 Churchill Road East, Wells, Somerset BA5 3HU | £ 190,000 | BUY | 4 / 10 | 0.13 KM |
| Sealey Crescent, Wells, BA5 | £ 345,000 | BUY | Unknown | 0.18 KM |
| Foster Close, Wells, BA5 | £ 370,000 | BUY | 7 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 61 Bath Road | £ 290,000 | 0.00 KM |
| 69a Bath Road | £ 350,000 | 0.00 KM |
| 75 Bath Road | £ 299,330 | 0.00 KM |
| 65 Bath Road | £ 395,000 | 0.00 KM |
| 73 Bath Road | £ 247,000 | 0.00 KM |