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The Presbytery, Chamberlain Street, Wells - Image 1
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The Presbytery, Chamberlain Street, Wells

South West

£675,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2026 sqft

Description

This four-bedroom Grade II listed property presents a unique chance for renovation or development in the heart of Wells, England's smallest city. Previously serving as the Presbytery for St Joseph & Teresa’s Church, this historic house boasts generous proportions and a versatile layout that could cater to both family living and investment opportunities. The property features delightful Arts & Crafts elements alongside multiple other period details, offering character and charm waiting to be revitalized. Internally, the residence includes four spacious reception rooms, each featuring its own fireplace, creating potential for cozy gathering spaces. A central kitchen has seen some modern updates yet leaves room for further enhancement. The first floor accommodates four double bedrooms and a family bathroom with both a bath and walk-in shower, along with substantial loft area that could be converted into additional living space (subject to planning consent). Externally, the well-established gardens provide an inviting outdoor setting with ample room for off-street parking. There is potential to extend this property further into the garden area, subject to necessary permissions. Located within walking distance of Wells Cathedral and local amenities—including independent shops, eateries, and markets—this home sits in a desirable area that is well-connected to nearby cities like Bath and Bristol.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£333/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£280
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £80,000
Target Value
£770,538
10% above area average per sq ft
Potential ROI
+2.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +7.2%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on BA5 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 Presbytery, Chamberlain Street, Wells
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,434
Based on a loan of £506,250 over 30 years at 4.06% 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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