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Parklands Road, Wellington, Somerset, TA21 - Image 1
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Parklands Road, Wellington, Somerset, TA21

South West

£125,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a compelling opportunity for those looking to undertake a renovation project or make a strategic investment. Currently requiring comprehensive modernization, the property offers spacious interiors with the potential for significant value enhancement. The ground floor is accessed via an entrance porch that leads into a roomy main reception area. Toward the rear, a kitchen/dining space connects to a conservatory, providing additional living options that could serve as a second lounge, dining area, or garden retreat. A notable feature of this home is the large utility room, which not only offers generous storage but also features internal access to an attached single garage—a convenience for any homeowner. Moving to the first floor, the layout includes three comfortably sized bedrooms—two doubles and one well-proportioned single—along with a family bathroom. While the property would benefit from updates throughout, its practical layout is conducive to family living and can easily be tailored to suit modern tastes. With existing gas central heating and double glazing already in place, there are foundational elements that can be built upon. The exterior boasts a sizable rear garden, ideal for landscaping or outdoor entertaining and potentially suitable for extensions (subject to planning approval). The front of the property features a small garden area along with off-road parking conveniently located by the garage. Situated in a desirable location, this home is poised for transformation into an attractive residence or rental opportunity. Its current condition allows for customization based on individual preferences, making it an appealing choice for those willing to invest time and resources.

Investment Analysis

(TA21 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -7.4%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on TA21 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

Parklands Road, Wellington, Somerset, TA21
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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
£458
Based on a loan of £93,750 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.

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