Worst House on the Street Logo
Balch Road, Wells - Image 1
Balch Road, Wells - Image 2
Balch Road, Wells - Image 3
Balch Road, Wells - Image 4
Balch Road, Wells - Image 5
Balch Road, Wells - Image 6
Balch Road, Wells - Image 7
Balch Road, Wells - Image 8
Balch Road, Wells - Image 9
Balch Road, Wells - Image 10
Balch Road, Wells - Image 11

Balch Road, Wells

South West

£275,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
904 sqft

Description

This mid-terraced house presents a solid foundation for renovation and offers the opportunity to transform it into a welcoming family home. Comprising three generously sized bedrooms, this property is primed for modern updates that can significantly enhance its value. The front features off-road parking for two vehicles, while the rear boasts a 40-foot garden—ideal for outdoor activities or potential landscaping projects. Situated in Wells, England's smallest city, the location benefits from a diverse array of amenities. The vibrant high street is home to independent shops and restaurants, alongside a twice-weekly market that adds to the community feel. Residents also have access to local supermarkets, including Waitrose, as well as recreational facilities like a leisure center, an independent cinema, and a theater. For those commuting or traveling, Bristol and Bath are approximately 22 miles away, with mainline train services available from Castle Cary (about 11 miles), and Bristol International Airport is conveniently located around 15 miles to the northwest. The property’s proximity to reputable schools—both state and private—makes it particularly appealing for families seeking education options within the local area. With no onward chain hindering your plans, this home stands as an attractive investment opportunity for those looking to enter the housing market or expand their portfolio. The potential here is significant; with strategic renovations, this property could be transformed into a desirable residence that caters to both family living and future buyers.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£304/sq ft
Area Average
£348/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£346,151
10% above area average per sq ft
Potential ROI
+9.9%
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

Balch Road, Wells
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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