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Jocelyn Drive, Wells

South West

£325,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached bungalow is situated within the desirable Keward Estate, just a short, level walk from the vibrant center of Wells. While the property has been well-maintained over the years, it presents an excellent opportunity for renovation and personalization to suit modern living standards. The bungalow features front and rear gardens, providing ample space for outdoor enjoyment or potential landscaping projects. Additionally, there is a garage that can be utilized for storage or converted into a workshop or studio, enhancing its functionality. The corner shop nearby adds convenience to daily living, making errands more manageable. Wells itself is a charming city known as the smallest in England, featuring a lively high street bustling with independent shops and restaurants. The twice-weekly market offers fresh local produce and crafts, while larger supermarkets like Waitrose cater to everyday needs. Central attractions such as the historic Cathedral, Bishop’s Palace, and Vicars’ Close—believed to be the oldest continually inhabited street in Europe—further enrich the area. This property holds significant investment potential; with some updating and renovations, it could become a highly desirable home or rental opportunity in this sought-after location. The lack of a chain simplifies the buying process, making it an appealing option for both investors and first-time buyers alike.

Investment Analysis

(BA5 area)
Area Average
£348/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 4.6%
5 year growth: 13.9%
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

Jocelyn Drive, Wells
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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
£1,191
Based on a loan of £243,750 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.

Next Steps

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