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Hawkers Lane, Wells, Somerset BA5

South West

£500,000

Listed on 11/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1251 sqft

Description

This spacious detached family home presents a unique opportunity for renovation and investment, situated in the appealing locale of Wells. The property boasts generous living areas, featuring two reception rooms that can be reconfigured for enhanced flow, alongside a sizeable kitchen/diner that overlooks the garden — a perfect canvas for modern updates and entertaining spaces. The layout includes four bedrooms, with the principal suite benefiting from an ensuite shower room, offering potential for further enhancements or reconfiguration to suit contemporary family needs. Additional advantageous features include a ground floor wet room which could be adapted for increased accessibility or transformed to enhance overall functionality. Outdoors, the property includes a detached garage and ample driveway parking within an enclosed front garden bordered by attractive stonework. The rear garden offers a lovely terrace area leading into lush greenery, with views extending over the neighbouring playing field. This home is positioned conveniently for access to local amenities in Wells and is within walking distance to reputable schools. With some thoughtful renovations or updates, this property could significantly increase its value while providing comfort and versatility tailored to modern family life.

Investment Analysis

(BA5 area)

Above Market Value

This property is priced +14.9% above area average per sq ft

+14.9%
This Property
£400/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£478,539
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hawkers Lane, Wells, Somerset 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
£1,784
Based on a loan of £375,000 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.

Stamp Duty Calculator

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