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Laburnum Road, Wellington, TA21

South West

£190,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
836 sqft

Description

This terraced home in Wellington presents a noteworthy opportunity for buyers looking to invest in a property with significant renovation potential. While the residence requires general updating, it is structurally sound and offers a solid base to create a personalized living space. Upon entry, you are greeted by a spacious hallway leading into a large living area that flows seamlessly into the dining space—a layout that encourages both comfortable living and entertaining. The kitchen is generously sized and opens to the rear garden, making it an ideal area for culinary enthusiasts. Upstairs, you will find three well-proportioned bedrooms that can be transformed to meet various needs. The family bathroom, while functional, also awaits modernization. The low-maintenance rear garden complements the property nicely, featuring a patio that stands as an inviting spot for outdoor meals or relaxation. The included single garage offers additional secure storage or parking options. This property represents an excellent canvas for those eager to infuse their style and creativity into their new home. With its ample space and adaptable layout, it has the potential to be fully customized into your ideal living environment.

Investment Analysis

(TA21 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£227/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£275,926
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -8.4%
5 year growth: +7.6%
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

Laburnum Road, Wellington, TA21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£673
Based on a loan of £142,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-24.0% since listed
£190,000£10,000(-5.0%)
07/11/2025
Current price
£200,000£20,000(-9.1%)
22/10/2025
£220,000£10,000(-4.3%)
06/08/2025
£230,000£10,000(-4.2%)
20/05/2025
£240,000£10,000(-4.0%)
23/03/2025
£250,000Initial listing
01/03/2025

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