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Welsh Court, Charter Way, Wells

South West

£120,000
Listed on 17/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

This first-floor one-bedroom flat presents a solid opportunity for renovation and investment. While the space requires some updating, it offers a generous layout that can be customized to suit modern living preferences. The property includes access to communal grounds, enhancing outdoor space for residents. Situated next to a leisure centre, the location is ideal for those who appreciate active lifestyles or seek rental potential in a vibrant area. Wells, known as the smallest city in England, boasts a lively high street filled with independent shops and restaurants, alongside a twice-weekly market and several supermarkets, including Waitrose. Notable amenities such as an independent cinema and a theatre are within easy reach, further enriching the community experience. The property's accessibility is another advantage—Bristol and Bath are approximately 22 miles away, with mainline train services to London available at Castle Cary, just 11 miles from Wells. Bristol International Airport is also conveniently located about 15 miles to the north-west. Additionally, the area is home to various well-regarded schools in both state and private sectors, making it attractive for families. Offered on a "sold as seen" basis with no onward chain, this flat represents an appealing canvas for buyers looking to invest in a property that has substantial potential for improvement in an enviable location. Interested parties can request more detailed property information from Holland & Odam. For details on mobile phone and broadband coverage in the area, please refer to checker.ofcom.org.uk.

Investment Analysis

(BA5 area)
Area Average
£348/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 4.6%
5 year growth: 13.9%
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

Welsh Court, Charter Way, Wells
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE