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Burcott Road, Wells, Somerset, BA5 - Image 1
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Burcott Road, Wells, Somerset, BA5

South West

£260,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
930 sqft

Description

This three-bedroom Victorian terrace home is steeped in history, having been owned by the same family for over sixty years. Now available on Burcott Road, it offers a promising opportunity for those interested in transforming a classic property into a modern family haven. The house features both gardens and private off-street parking, and comes to market with no onward chain, making it an appealing choice for buyers ready to invest in renovations. Upon entering, you are greeted by a traditional hallway that leads into a spacious dining room, perfect for gatherings and boasting useful understairs storage. This area seamlessly connects to a south-facing sitting room that enjoys abundant natural light from its bay window and features a gas fireplace—a focal point for cozy evenings. At the rear of the home, the kitchen provides ample wall and base units along with space for essential appliances and a freestanding cooker. A utility/lean-to space further extends storage options while allowing direct access to the charming rear garden. The ground floor also includes a family bathroom equipped with essential fittings such as a bath with an overhead electric shower. Heading upstairs reveals three well-sized bedrooms; the principal bedroom spans the width of the house and incorporates built-in wardrobes, while the second double bedroom has pleasant garden views. The third bedroom serves as an ideal study or could be converted into an additional bathroom if desired. Outside, enjoy a tiered patio area in the rear garden alongside a large garden shed and greenhouse, complemented by gated access to private parking at the back. This property presents an exciting canvas for refurbishment in a desirable location, just moments from Wells City Centre's amenities and services.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£280/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£355,186
10% above area average per sq ft
Potential ROI
+14.6%
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
33%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 6.0%
5 year growth: 14.1%
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, BA5
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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
£952
Based on a loan of £195,000 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