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Jocelyn Drive, Wells

South West

£315,000
Listed on 14/07/2025

Property Details

Bedrooms
3
Type
Semi Detached Bungalow

Description

This three-bedroom semi-detached bungalow is located within the desirable Keward Estate, ideally situated close to local shopping amenities and within easy walking distance of Wells city centre. While the property is well-kept overall, it presents a valuable opportunity for modernization to enhance its comfort and style. The home features both front and rear gardens, as well as a garage, offering ample outdoor space that could be further developed. With no onward chain, this property provides a straightforward entry point for those looking to invest in an area rich in history and community spirit. Wells itself, known as the smallest city in England, boasts a lively high street filled with independent shops and restaurants alongside regular markets and major supermarkets like Waitrose. The stunning Cathedral, Bishop’s Palace, and Vicars’ Close—one of Europe’s oldest residential streets—are all highlights of this charming city.

Investment Analysis

(BA5 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +9.9% over the last 12 months
3 year growth: +10.6%
5 year growth: +17.5%
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

£
£
£
%
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,124
Based on a loan of £236,250 over 30 years at 3.97% 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

-3.1% since listed
£315,000£10,000(-3.1%)
06/03/2026
Current price
£325,000Initial listing
08/10/2025

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