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Hoyles Close, Wellington, Somerset TA21 - Image 1
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Hoyles Close, Wellington, Somerset TA21

South West

£550,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1831 sqft

Description

This detached bungalow presents a promising opportunity for renovation and investment, ideally located just a short stroll from the town centre. Constructed in the 1990s, the property is built with brick elevations beneath a pitched tiled roof and features double glazing along with gas central heating. The spacious layout includes an entrance porch that leads into a hallway equipped with multiple storage options. There are four bedrooms, three of which are generously sized doubles, with the primary bedroom benefiting from an en-suite bathroom. The remaining bedrooms share a family bathroom featuring essential amenities, while one room currently serves as a study. The L-shaped kitchen/breakfast room boasts dual aspects and is fitted with solid wood cabinetry and essential kitchen appliances. Access to a large utility space and rear hall provides convenience, along with a WC and entry to the integral garage. Adjacent, you’ll find a dining area with sliding doors to the garden and French doors leading into a bright living room complete with an electric fireplace. Set back from Hoyles Road atop a gravel driveway, this property allows for ample off-road parking. The gardens are predominantly laid to lawn, bordered by mature hedging that offers privacy from surrounding roadways. A sheltered sun terrace at the rear enhances the outdoor space, ideal for al fresco entertaining. As potential homeowners or investors look towards updating this sizeable property, it stands out in popular Wellington's desirable location with excellent access to local amenities and major road networks like the M5 via Junction 26. This bungalow’s blend of spaciousness and potential makes it well worth exploring further.

Investment Analysis

(TA21 area)

Above Market Value

This property is priced +0.1% above area average per sq ft

+0.1%
This Property
£300/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£604,331
10% above area average per sq ft
Potential ROI
+0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA21)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -8.4%
5 year growth: +7.6%
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

Hoyles Close, Wellington, Somerset TA21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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.

Price History

-6.8% since listed
£550,000£40,000(-6.8%)
24/09/2025
Current price
£590,000Initial listing
26/06/2025

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