Penn Close, Wells, BA5
CO

Penn Close, Wells, BA5

By Cooper & Tanner

£ 625,000

Reviews

3 out of 5 stars

Cooper & Tanner says ..

A delightful four bedroom detached bungalow with double garage, 1/3 acre of grounds, situated within a quiet cul de sac and no onward chain. The property has been well-maintained by the current owner yet still offers further scope to create a large kitchen/dining room subject to the necessary ...

Property Oracle says ..

This four-bedroom detached bungalow in Penn Close, Wells, Somerset, presents a compelling proposition for buyers seeking a family home in a desirable location with considerable outdoor space. The property’s location in Wells, a charming and historic market town in Somerset, is a significant selling point. The proximity to several schools, although not directly on the doorstep, is attractive for families. The home itself boasts a generous plot size with a mature and well-maintained garden, adding to its appeal. The included photos showcase the gardens, which provide ample space for relaxation and outdoor activities. While some upgrades are needed, with a new kitchen and modern bathroom being high priorities, the existing structure appears sound and well-maintained. The internal photographs show furnishings, however, this is not always representative of the overall condition of the property. The listing mentions that the bungalow has a double garage, a useful additional feature. The lack of precise square footage for comparable properties makes it difficult to accurately assess the value per square foot, making a conclusive judgment on the list price difficult without more information. A comprehensive home survey would be highly recommended to fully ascertain the condition of the property. Considering the location and outdoor space, the property offers substantial potential but requires potential buyers to factor in updating costs. Considering this, it presents a good investment opportunity, however, additional data, such as a professional home survey and precise square footage of comparable properties, is needed to provide a truly thorough assessment. The absence of nearby transportation information may be a point for potential buyers to consider.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
8
Bedrooms
4
Bathrooms
2
Sqft (est)
1,946.00

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
414,000.00 £
Decreased by 14.53 %
from 484,406.00 £
Est sale value
786,184.00 £
Increased by 31.60 %
from 597,422.00 £
Average area rental value
1,163.00 £/mo
Increased by 22.42 %
from 950.00 £/mo
Est letting value
1,946.00 £/mo
from 0.00 £/mo
Est rental Yield
3.37 %
Increased by 43.40 %
from 2.35 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Cooper & Tanner marked this listing as sold.

  • Cooper & Tanner created the listing.

Nearby Schools

NameTypeOfstedDistance
Stoberry Park SchoolCommunity SchoolGood1.32 KM
Wells Cathedral SchoolOther Independent School1.63 KM
Horrington Primary SchoolAcademy Converter2.24 KM
The Blue SchoolAcademy ConverterGood2.77 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement3.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Foster Close £ 000.00 KM
Teulon Court £ 275,00000.00 KM
School Lane £ 875,00000.00 KM
St Andrews Street £ 000.00 KM
New Close £ 472,50000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Everett Close, Wells, BA5 £ 289,950BUY7 / 100.14 KM
Everett Close, WELLS, Somerset, BA5 £ 230,000BUY5 / 100.15 KM
Everett Close, Wells, Somerset, BA5 £ 285,000BUYUnknown0.15 KM
Hawkers Lane, Wells £ 385,000BUY7 / 100.15 KM
Drake Road, Wells £ 350,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
8 Penn Close £ 322,5000.01 KM
10 Penn Close £ 272,5000.01 KM
5 Penn Close £ 213,0000.01 KM
14 Penn Close £ 255,0000.01 KM
3 Penn Close £ 370,7500.01 KM