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Ford Street, Wellington, TA21

South West

£1,295,000
Listed on 29/01/2026

Property Details

Bedrooms
4
Type
Barn Conversion
Area
2037 sqft

Description

This distinctive property, set within a generous 1.24-acre plot, offers a unique investment opportunity with significant renovation potential across its expansive 7000sqft complex. Comprising a main barn conversion alongside a detached one-bedroom house and an entertainment annexe, this self-contained estate presents numerous possibilities for development and enhancement. The main residence features three to four bedrooms and showcases a vaulted lounge that connects the indoors with the picturesque outdoor views. While well-designed, some areas may benefit from modern updates to maximize comfort and functionality. The detached dwelling is ideal for guests or rental purposes, needing minor improvements to fully realize its potential. The annexe offers versatility for social engagements and could be transformed into additional living space or guest accommodation with strategic refurbishment. Notably, the carport and workshop provide ample space for hobbies or further projects. Overall, the extensive grounds and variety of structures encourage creative renovations that can yield substantial future value.

Investment Analysis

(TA21 area)

Above Market Value

This property is priced +113.4% above area average per sq ft

+113.4%
This Property
£636/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£667,392
10% above area average per sq ft
Potential ROI
-52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TA21)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -8.7%
5 year growth: +6.7%
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

Ford Street, Wellington, TA21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,620
Based on a loan of £971,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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