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Tor Street, Wells

South West

£235,000
Listed on 08/11/2025

Property Details

Bedrooms
1
Type
Terraced house
Area
710 sqft

Description

This charming one-bedroom cottage, nestled within a Conservation Area, presents an exciting opportunity for renovation and personalization. While it currently requires updating, the property is rich in character and features many original elements that can be enhanced to reflect your unique style. The appealing walled courtyard garden at the rear offers a private outdoor space that can be transformed into a delightful retreat or entertaining area. Located just a short stroll from the heart of Wells—England's smallest city—this property benefits from easy access to a vibrant high street filled with an array of independent shops, eateries, and essential services. The city hosts a twice-weekly market and provides options for larger grocery needs, including Waitrose. Residents can also enjoy local amenities such as a leisure center, an independent cinema, and a theatre. For those commuting or traveling further afield, the mainline train stations in Castle Cary (approximately 11 miles away) connect to London, while Bristol International Airport is conveniently located around 15 miles to the northwest. Wells boasts a selection of reputable schools across both state and private sectors, making it attractive for families. This property's location not only offers convenience but also underscores its potential as an investment opportunity; with thoughtful renovations, it could serve as an ideal home or rental property in this desirable area. The property is being sold with no onward chain, providing flexibility for buyers looking to begin their renovation journey swiftly. All relevant property information will be made available upon request.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£331/sq ft
Area Average
£348/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£271,866
10% above area average per sq ft
Potential ROI
+8.7%
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

Tor Street, Wells
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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
£861
Based on a loan of £176,250 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