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South West
£375,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This spacious two-bedroom detached bungalow in Wells presents a light renovation project for those looking to add value. While the asking price of £375,000 translates to £480/sqf, which is notably above the local average of £345/sqf, the property offers potential for updates that could enhance its appeal. The dated interiors, including the kitchen and bathroom, provide an excellent canvas for modernisation, while the good-sized garden and well-maintained exterior add to its charm.
The location is a definite plus, being in the picturesque City of Wells with access to local amenities and a friendly community vibe. However, the high asking price relative to the local market may deter some buyers, but for those willing to invest in updates, there is room for significant improvement and value creation.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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