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Springfield Road, Wellington, Somerset, TA21

South West

£249,950

Listed on 06/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
975 sqft

Description

This three-bedroom home opens with a welcoming entrance hallway that leads to two reception areas, perfect for versatile living. The front sitting room, featuring a charming bay window and wood burner, offers a cozy retreat, while the adjacent dining room is enhanced by a traditional fireplace, ideal for hosting gatherings. At the rear, the kitchen presents a promising opportunity for modernization and potential expansion (subject to necessary permissions). Upstairs, you’ll find two spacious double bedrooms, each adorned with characterful fireplaces, along with a shower room. A converted attic bedroom adds further flexibility to the living space. Although currently habitable, the entire property could greatly benefit from aesthetic updates and general refurbishment. Outside, enjoy a generous rear garden complete with a substantial shed and additional access via a right of way. Notable features include gas central heating and double-glazing throughout.

Investment Analysis

(TA21 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£256/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£318,425
10% above area average per sq ft
Potential ROI
+13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -10.7%
5 year growth: +4.4%
Investment Disclaimer: Analysis based on TA21 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

Springfield Road, Wellington, Somerset, TA21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,462 over 30 years at 4.45% 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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