
South West
£235,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom bungalow has a clear cosmetic canvas: the photographed interiors are dated, with worn flooring and wall finishes, while the rear garden is overgrown and ready for a tidy-up. The woodburning stove, driveway parking for several cars and single garage add useful character and practicality, and the quiet cul-de-sac setting in Wells is a plus. The kitchen and shower room have older-style finishes, though the photos do not establish that either needs full replacement. The renovation range of £7,000–£15,000 gives a sense of the project scale.
At £235,000, the asking price is about 8% above the local £/sqf average, so price is not a particular strength. More importantly, purchase plus the midpoint refurb cost looks tight against local benchmarks; a project buyer would need to be disciplined on costs and assess the property’s finished value carefully. Overall, this is a weaker-value opportunity despite its useful bungalow layout and scope to improve.
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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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