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Bagley Green, Wellington, TA21 - Image 1
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Bagley Green, Wellington, TA21

South West

£450,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
911 sqft

Description

This detached bungalow features three bedrooms and is located on the western fringes of Wellington and Rockwell Green. Set on a generous plot, the property presents an appealing opportunity for renovation or development, subject to obtaining the necessary planning permissions. Its location benefits from good road access and includes a number of sizeable timber structures that could be utilized or repurposed. The bungalow itself showcases a unique 'Woollaway' pre-fabricated design, offering a comfortable living environment with all essential rooms situated on the ground floor. The layout includes a Kitchen/Dining Room, Living Room, three bedrooms, and a family bathroom, making it functional for immediate occupancy while also allowing for updates and modernizations. Externally, the property is enhanced by a spacious front garden that complements the driveway, providing easy access to the extensive grounds. At the rear, you’ll find a well-maintained garden featuring a generous lawn and mature borders that enjoy sunlight from a south-westerly aspect. With the land being comprised of three separate titles, there is potential for future expansion or development. This combination of factors makes it an intriguing prospect for both investors and those looking to create their ideal home in a growing area.

Investment Analysis

(TA21 area)

Above Market Value

This property is priced +65.4% above area average per sq ft

+65.4%
This Property
£494/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£299,327
10% above area average per sq ft
Potential ROI
-46.8%
After renovation
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by +6.4% over the last 12 months
3 year growth: -5.8%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on TA21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Bagley Green, Wellington, TA21
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