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Lewmond Avenue, Wells

South West

£625,000
Listed on 11/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1249 sqft

Description

This appealing detached property from the 1930s is located in a desirable part of Lewmond Avenue, offering a blend of spacious living areas and significant renovation potential. The home sits on a sizeable plot with ample parking, making it an excellent candidate for extension subject to planning permissions. While some modernization is required to bring it up to contemporary standards, the flexible layout provides a great opportunity to customize the space according to personal tastes. Positioned at the end of a tranquil no-through road, residents can enjoy sweeping views towards Glastonbury Tor. Wells, known as England's smallest city, boasts a vibrant high street filled with independent shops and eateries along with convenient amenities such as supermarkets and leisure facilities. This location also benefits from easy access to mainline train stations and well-regarded schools nearby, enhancing its appeal for families and investors alike.

Investment Analysis

(BA5 area)

Above Market Value

This property is priced +45.0% above area average per sq ft

+45.0%
This Property
£500/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£473,996
10% above area average per sq ft
Potential ROI
-29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Lewmond Avenue, 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
£2,254
Based on a loan of £468,750 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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