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Bath Road, Wells, BA5

South West

£375,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
922 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for renovation and investment, situated on a generous plot with expansive south-facing gardens. The property has been cherished by the same family for over 58 years, reflecting its enduring appeal and potential. With no onward chain, it offers a seamless transition for prospective buyers. Upon entry, you are greeted by an entrance hall that flows into a central hallway granting access to all main living areas. The spacious sitting/dining room boasts a dual aspect, allowing natural light to fill the space while offering views of both the front and back gardens. This area is ideal for entertaining or relaxing, featuring ample room for dining arrangements as well as comfortable seating, complemented by a gas fire. The kitchen/dining area is well-sized and includes fitted units along with an electric fire. It also benefits from direct access to the patio and gardens—perfect for outdoor dining or enjoying morning coffee in the sun. An inner hallway leads to a functional shower room equipped with essential amenities and plumbing for laundry appliances. The bungalow features two bedrooms: one located on the ground floor with garden views, while the main bedroom occupies the first floor. This upper-level space includes eaves storage and opens up to a private balcony overlooking the rear gardens and providing glimpses of Tor Woods and the nearby golf course. Outside, the property is framed by thoughtfully landscaped front gardens mostly laid to lawn with various shrubs and flowers. A side driveway accommodates three to four cars, ensuring convenient off-street parking along with easy pedestrian access to the garden areas. The expansive rear patio makes an excellent spot for outdoor furniture, creating an inviting setting for social gatherings against the backdrop of lush south-facing gardens replete with established greenery, flower beds, hedging, a greenhouse, and a workshop that could serve as additional storage or creative space. Located in picturesque Wells—known for its vibrant local amenities including supermarkets (such as Waitrose), markets, eateries, healthcare facilities, and educational options—this property is strategically placed within reach of several reputable schools like All Hallows Prep School and Wells Cathedral School. For commuters, Castle Cary station is just twelve miles away with direct trains to London Paddington, while both Bristol and Bath are conveniently accessible within twenty miles. With its substantial renovation potential set amidst desirable surroundings, this bungalow represents not just a home but also an opportunity for future enhancements tailored to modern living preferences.

Investment Analysis

(BA5 area)

Above Market Value

This property is priced +16.8% above area average per sq ft

+16.8%
This Property
£407/sq ft
Area Average
£348/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£353,043
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
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

Bath Road, Wells, BA5
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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
£1,374
Based on a loan of £281,250 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.

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