54 Chamberlain Street, Wells, Somerset, BA5 2PT
South West
£110,000Guide Price
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
2Type
FlatFeatures
- Garden
- Parking
Description
Offered at auction, this vacant first-floor flat has two bedrooms, a reception room, a separate kitchen, a bathroom and an additional WC. The accommodation is described as requiring modernisation. Residents' parking and a private section of rear garden are also included.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
49out of 100
Grade ELow opportunity
Confidence: LOW
At 49/100, this is a lower-scoring opportunity, with the score reflecting that value and resale economics cannot yet be judged rather than a confirmed pricing problem. The floor area is missing, so comparison with local £/sqf is not possible. The flat is vacant and offers a clear light-refresh canvas: the kitchen and bathroom have dated finishes, and worn flooring and plain decoration provide scope to update the interiors. Residents’ parking and a private section of rear garden add useful appeal, while no obvious major structural defect is visible in the supplied exterior image.
This is an auction guide price, not a fixed asking price; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Refresh the dated kitchen finishes and assess whether a more comprehensive update would suit the project.
- Update the bathroom and separate WC, which retain older tiles and fittings.
- Improve the flat’s presentation with renewed flooring and redecoration; the vacant condition makes it easier to plan the work.
Key risks
None recorded.
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Transport
Nearest stations
Castle Cary Rail Station
9.4 miles
Train · Castle Cary
Bruton Rail Station
11.2 miles
Train · Bruton
Highbridge & Burnham-on-Sea Rail Station
13.9 miles
Train · Highbridge
Yatton Rail Station
14.7 miles
Train · Yatton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£449
Based on a loan of £82,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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