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St Thomas Street, Wells

South West

£350,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This Victorian mid-terrace home is a promising investment opportunity, featuring three bedrooms and versatile attic spaces that can easily accommodate a range of uses from guest rooms to home offices. The property boasts an impressive garden that extends over 100ft, ideal for outdoor enthusiasts or those looking to enhance their outdoor living space. While the interior hosts charming period features such as sash windows and wood flooring, it also presents potential for modernization, particularly in the functional family bathroom which could benefit from modern updates. The spacious kitchen/dining area serves as a central hub for family life but may require some reconfiguration or aesthetic upgrades to fully meet contemporary standards. The attic rooms add valuable square footage that can be reimagined with planning consent, making this property ripe for renovation and an attractive prospect for future value appreciation. Located within walking distance of local amenities, schools, and cultural attractions in Wells, this home offers both convenience and potential.

Investment Analysis

(BA5 area)
Area Average
£345/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
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

St Thomas Street, 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
£1,262
Based on a loan of £262,500 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.

Next Steps

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