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54 Chamberlain Street, Wells, Somerset, BA5 2PT - Image 1
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54 Chamberlain Street, Wells, Somerset, BA5 2PT

South West

£110,000
Listed on 16/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This first-floor flat offers a blank canvas for those looking to invest in a property with potential. Comprising two bedrooms, a reception room, kitchen, bathroom, and separate WC, the layout is functional but requires modernisation to realise its full appeal. The external features include residents’ parking and a private section of rear garden, enhancing the property’s attractiveness for outdoor space. Located conveniently near Wells city centre, residents can easily access local shops and amenities. Additionally, recreational areas such as Wells Recreation Ground are within walking distance. This flat is currently vacant and presents an excellent opportunity for refurbishment, whether for resale or rental purposes.

Investment Analysis

(BA5 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +9.9% over the last 12 months
3 year growth: +10.6%
5 year growth: +17.5%
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

54 Chamberlain Street, Wells, Somerset, BA5 2PT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£392
Based on a loan of £82,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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