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Lethbridge Road, Wells, Somerset BA5 - Image 1
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Lethbridge Road, Wells, Somerset BA5

South West

£250,000

Listed on 06/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1001 sqft

Description

This detached bungalow presents a significant opportunity for renovation in a sought-after residential area on the west side of Wells. The property features a spacious sitting/dining room with dual aspects, enhancing natural light, and a substantial conservatory that could serve as an inviting entertainment space or additional living area. The kitchen, while functional, calls for modernization to maximize its potential with ample space for essential appliances and a pantry. The bungalow accommodates two bedrooms and a study, both equipped with built-in wardrobes, offering flexible living solutions for families or professionals. A modern shower room adds convenience but may benefit from contemporary upgrades. Externally, the property boasts generous driveway parking and a garage with an electric door, alongside an enclosed garden featuring mature shrubs and fruit trees. This outdoor space offers scope for landscaping or gardening enthusiasts. With Wells known for its rich history and community spirit, this bungalow has the potential to become an ideal home with some thoughtful investment.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£250/sq ft
Area Average
£347/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£382,467
10% above area average per sq ft
Potential ROI
+31.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +6.8% over the last 12 months
3 year growth: +9.5%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on BA5 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

Lethbridge Road, Wells, Somerset BA5
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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
£944
Based on a loan of £187,500 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

-19.4% since listed
£250,000£49,500(-16.5%)
06/06/2026
Current price
£299,500£10,500(-3.4%)
13/09/2025
£310,000Initial listing
05/08/2025

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