Wells - Spacious Apartment in Victorian house
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Wells - Spacious Apartment in Victorian house

By Lodestone Property

£ 159,000

Reviews

3 out of 5 stars

Lodestone Property says ..

This well proportioned one bedroom apartment in Wells is on the ground floor of an imposing Victorian house. In need of some modernisation, its elegant, high-ceilinged rooms with tall sash windows and lovely outlooks provide the bones of a beautiful home.The rooms are full of natural light and ha...

Property Oracle says ..

This one-bedroom apartment located in Wells, Somerset, presents a blend of advantages and drawbacks. It is situated within a grand Victorian house in a desirable location. The property benefits from access to a garden, a rare commodity for apartments, and sits within a reasonable distance from several schools and the city centre. However, the apartment requires significant modernisation. The provided images reveal dated fixtures, fittings, and decor throughout the property, indicating a need for substantial renovations to update the space. While the location is appealing, and the inclusion of a garden elevates the property’s value, prospective buyers should factor in the substantial costs associated with modernisation and renovation. The lack of specifics about the nearby amenities (shops, transport links etc.) makes a full assessment of location quality difficult. Considering the necessary renovation work, the price of £159,000 is competitive, though not exceptionally low given the need for modernisation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
1
Bathrooms
1
Sqft (est)
600.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
270,000.00 £
Decreased by 33.31 %
from 404,881.00 £
Est sale value
226,200.00 £
Increased by 16.36 %
from 194,400.00 £
Average area rental value
1,250.00 £/mo
Increased by 32.42 %
from 944.00 £/mo
Est letting value
600.00 £/mo
from 0.00 £/mo
Est rental Yield
5.56 %
Increased by 98.57 %
from 2.80 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Lodestone Property marked this listing as sold.

  • Lodestone Property created the listing.

Nearby Schools

NameTypeOfstedDistance
The Blue SchoolAcademy ConverterGood0.47 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement0.64 KM
Wells BuildingChildren's Centre Linked Site0.66 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood0.69 KM
Wells Cathedral SchoolOther Independent School1.55 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Westfield Road £ 000.00 KM
Wookey Hole Road £ 580,00000.00 KM
Melrose Court £ 000.00 KM
Valley Close £ 000.00 KM
Davies Court £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portway, Wells, Somerset, BA5 £ 210,000BUY7 / 100.01 KM
Portway, Wells, BA5 £ 699,950BUYUnknown0.02 KM
Portway, Wells, BA5 £ 795,000BUY6 / 100.03 KM
Portway, Wells, BA5 £ 399,950BUY6 / 100.03 KM
Byron House, Wells – A Refined Victorian Residence £ 995,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
44 Portway £ 430,0000.02 KM
46a Portway £ 675,0000.02 KM
46 Portway £ 660,0000.02 KM
36 Portway £ 150,0000.02 KM
40 Portway £ 375,0000.02 KM