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The Well, Rockwell Green, Wellington, Somerset - Image 1
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The Well, Rockwell Green, Wellington, Somerset

South West

£225,000
Listed on 24/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1426 sqft

Description

This charming cottage, with roots tracing back to the early 18th century, provides an exciting opportunity for renovation and investment. The property features a welcoming front porch that opens into a cozy living room, highlighting a traditional brick fireplace and a bay window that add character. The existing carpet is ready for replacement to enhance the space further. The kitchen breakfast room includes basic wall and base units, but there is ample potential for modernisation, especially given its double aspect windows that flood the area with natural light. Additionally, the ground floor hosts a second reception room, which leads directly to a garden – perfect for expansion or redesign as per personal taste. A convenient shower room rounds out this level. Upstairs, you'll find four bedrooms; the two larger rooms at the front hold promise for flexible layouts or decorative updates. The third bedroom comes equipped with fitted wardrobes and overlooks the tranquil rear garden, while a fourth single bedroom is also situated at the back. The outdoor space offers a predominantly lawned garden featuring established trees and various plantings. A pathway leads to an elevated decking area alongside a detached outbuilding fitted with power and lighting – ideal for conversion into a home office or studio. This garden setting is fully enclosed, providing privacy and security. With some thoughtful renovations throughout, this property can be transformed into a modern family home while maintaining its historical charm.

Investment Analysis

(TA21 area)

Below Market Value

This property is priced -46.1% below area average per sq ft

-46.1%
Potential saving
This Property
£158/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£459,208
10% above area average per sq ft
Potential ROI
+70.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -7.4%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on TA21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

The Well, Rockwell Green, Wellington, Somerset
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE