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Burcott Road, Wells, Somerset

South West

£285,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
829 sqft

Description

This semi-detached house presents a promising opportunity for homeowners and investors alike. Conveniently located near the city centre of Wells, it offers easy access to local amenities, including shops, primary schools, and recreational facilities. The property features off-street parking for up to three vehicles and a south-facing garden, enhancing its appeal with potential for extension (subject to planning permission). A fairly recent roof replacement within the last 18 months adds another layer of reassurance regarding the property's condition. As you enter through a UPVC door, you are greeted by an entrance lobby leading to a ground floor bathroom on one side. The kitchen straight ahead benefits from natural light with double aspect windows and includes ample storage space, making it suitable for family dining. Adjacent is the sitting room that overlooks the garden and features convenient understairs storage. The first floor accommodates three bedrooms, two of which include built-in wardrobes for added functionality, alongside a cloakroom with W.C. and wash hand basin. This house not only offers immediate living conditions but also significant potential for refurbishment or expansion to enhance both comfort and value in this desirable area.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -0.6% below area average per sq ft

-0.6%
Potential saving
This Property
£344/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£280
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£315,289
10% above area average per sq ft
Potential ROI
-1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +7.2%
5 year growth: +14.9%
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

Burcott Road, Wells, Somerset
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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
£1,028
Based on a loan of £213,750 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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