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High Street, Wookey, Wells, BA5

South West

£320,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1206 sqft

Description

This charming three-bedroom cottage lies in the heart of Wookey, a village renowned for its community spirit and picturesque surroundings. With no onward chain, this property presents a unique opportunity for those looking to invest in a renovation project that allows for personal customization. Having been owned by the same family for over two decades, it is ready for updates that will breathe new life into its character. The layout begins with an entrance hall that leads into a spacious sitting room, featuring built-in cabinets and panelling, complemented by French doors that open to the dining area. This dual-aspect dining room offers ample space for gatherings, making it ideal for entertaining. The kitchen/breakfast room includes fitted units and easily accommodates necessary appliances, with direct access to the private courtyard garden. On the first floor are three bedrooms along with a family bathroom that includes a bath with shower overhead. The principal bedroom spans the width of the house at the front and benefits from built-in storage and a sink. The second bedroom is generously sized and also offers fitted storage and a sink, while the third bedroom overlooks the courtyard garden below. Outside, the west-facing rear garden presents itself as a blank canvas awaiting your personal touch. Its hard-standing area enjoys afternoon sun—perfect for outdoor furniture and socializing. On-street parking is available in front of the property. Wookey boasts essential amenities such as several pubs, a long-established primary school, parks, playing fields, and local shops including 'Wookey Hub' Café and Post Office services twice weekly. Just 1.5 miles away lies Wells, where you’ll find additional shopping options including multiple supermarkets, restaurants, leisure facilities, schools, and healthcare services. For commuters or those looking to explore further afield, Castle Cary station is approximately fifteen miles away with direct train services to London Paddington. The vibrant cities of Bristol and Bath are both within twenty miles. This property not only provides comfortable living space but also significant potential for renovation tailored to your taste in a thriving location rich with community resources and natural beauty.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -23.8% below area average per sq ft

-23.8%
Potential saving
This Property
£265/sq ft
Area Average
£348/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£461,789
10% above area average per sq ft
Potential ROI
+28.3%
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

High Street, Wookey, 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
£1,172
Based on a loan of £240,000 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