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Market Street, Wells BA5

South West

£205,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Maisonette

Description

This two-bedroom maisonette, beautifully positioned on Market Street in Wells, showcases a unique blend of character and potential. Spread over two levels, the property boasts a flexible floor plan enriched with charming period details. The private entrance leads to the first floor where you'll find a spacious second bedroom and a bathroom equipped with essential amenities including a shower, wash basin, and WC. The kitchen is generously proportioned with an inviting breakfast island, creating an ideal spot for both functionality and social interactions. Adjacent to the kitchen is an expansive lounge and dining area that exudes warmth, featuring exposed beams and an open fire, perfect for cozy evenings. Ascending to the second floor reveals the main bedroom complete with an ensuite bathroom, serving as a secluded retreat. Outside, a quaint terraced balcony provides a delightful space to enjoy some fresh air amidst potted plants. While there are no on-street parking facilities available firsthand, convenient long-term parking options can be found within walking distance. Though well-maintained and full of charm, the property presents an exciting opportunity for cosmetic enhancements that allow new owners to truly make it their own. Its central location puts residents close to shops, cafes, and amenities in the vibrant city of Wells—making it not only a charming residence but also a sound investment prospect for those looking to add value through thoughtful renovations.

Investment Analysis

(BA5 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +9.9% over the last 12 months
3 year growth: +10.6%
5 year growth: +17.5%
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

Market Street, Wells BA5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£731
Based on a loan of £153,750 over 30 years at 3.97% 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.

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