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Burcott Road, Wells

South West

£225,000
Listed on 07/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
745 sqft

Description

This Victorian terrace house features two spacious double bedrooms and is poised for transformation through modernisation and general improvements. Available on the market for the first time in over 25 years, this property offers an excellent opportunity to create a comfortable and inviting home. Notably, it comes with no onward chain, facilitating a smoother purchasing process. Located in Wells, the smallest city in England, this property benefits from a lively high street filled with independent shops and restaurants, as well as essential amenities like a leisure centre and cinema. The area also boasts convenient transport links to larger cities including Bristol and Bath, with proximity to mainline train stations and Bristol International Airport. Families will appreciate the access to well-regarded schools in both state and private sectors nearby. This residence provides a solid foundation for renovation enthusiasts or investors looking to add value in a charming city setting.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£302/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£282,728
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +6.1%
5 year growth: +12.5%
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

Burcott Road, Wells
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 over 30 years at 4.06% 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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