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Laburnum Road, Wellington TA21

South West

£175,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
836 sqft

Description

This terraced home in Wellington presents a noteworthy opportunity for those looking to invest in a property with significant renovation potential. While the interior requires general modernisation, it has been well-maintained and provides a solid framework to transform it into a contemporary living space tailored to your preferences. Upon entering, you're greeted by a welcoming hallway that leads into a spacious living area. The open-plan layout effortlessly connects to the dining space, making it ideal for both relaxation and social gatherings. The kitchen is generously proportioned and features direct access to the rear garden, enhancing functionality for any culinary enthusiast. On the upper level, you will find three ample-sized bedrooms, providing enough room for restful retreats. A family bathroom completes this floor, offering basic amenities but ready for an update to meet modern standards. The rear garden is designed for low maintenance with its paved pathway and enclosed patio area, perfect for outdoor dining or quiet enjoyment of the outdoors. Additionally, a single garage en-bloc is included, offering secure parking or additional storage options. Overall, this property on Laburnum Road is an ideal canvas for buyers keen on personalising their home through renovations. With its spacious rooms and versatile layout, there’s plenty of scope to implement your design ideas and upgrades.

Investment Analysis

(TA21 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£209/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£273,029
10% above area average per sq ft
Potential ROI
+27.0%
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

Laburnum Road, Wellington 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
£661
Based on a loan of £131,250 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

Price History

-30.0% since listed
£175,000£15,000(-7.9%)
18/05/2026
Current price
£190,000£10,000(-5.0%)
14/04/2026
£200,000£20,000(-9.1%)
30/10/2025
£220,000£10,000(-4.3%)
06/08/2025
£230,000£10,000(-4.2%)
28/05/2025
£240,000£10,000(-4.0%)
23/03/2025
£250,000Initial listing
02/03/2025

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