Millers Gardens, Wells, Somerset, BA5

This detached bungalow in Wells offers a solid project for those looking to invest in property, though its pricing structure raises some concerns. The asking price of £250,000 translates to £428/sqf, which is notably above the local average of £345/sqf. This premium pricing, combined with a significant refurbishment requirement, means that the all-in costs of around £325,000 could stretch your budget compared to current local benchmarks for similar properties.

While the interior is dated and shows general wear and tear throughout, there’s ample opportunity to modernize and personalize the space. The private garden adds value, providing a serene outdoor area for relaxation or entertainment. However, potential buyers should be aware that the current pricing may limit the financial upside post-renovation, making it crucial to assess the overall project scale carefully before proceeding.