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Sylvan Road, Wellington

South West

£220,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
861 sqft

Description

This mid-terrace property, featuring three bedrooms, presents a promising opportunity for those interested in renovations or investment projects. With no onward chain, it allows for a smooth transition for potential buyers looking to make their mark. The layout includes a welcoming entrance hall leading to a spacious sitting room that connects seamlessly to the dining area, creating an open and versatile space. The kitchen, while compact, offers functional potential and could be transformed into a modern culinary hub with the right updates. On the first floor, you will find three bedrooms of varying sizes, providing flexibility for families or shared living arrangements. The main bedroom includes built-in wardrobe space, offering convenience and storage solutions. The bathroom is ready for modernization and could benefit from contemporary fixtures and finishes. Outdoor space is provided by an enclosed rear garden, ideal for further landscaping or outdoor entertaining. Additionally, the property includes a single garage along with off-road parking options, which add further appeal for both homeowners and renters. Located in an area with access to local amenities and transport links, this property not only serves as a comfortable home but also holds considerable investment potential. Whether you are a first-time buyer or an investor seeking a property that allows for personal touches and future value enhancement, this three-bedroom home warrants serious consideration.

Investment Analysis

(TA21 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£256/sq ft
Area Average
£302/sq ft

Renovation Potential

Est. Renovation Cost
£22,000 - £55,000
10-25% of property value
Target Value
£286,261
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Monthly Sales
24
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by +7.0% over the last 12 months
3 year growth: -6.1%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on TA21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sylvan Road, Wellington
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