Summary - 21A SOUTH STREET WELLINGTON TA21 8NR
3 bed 2 bath Apartment
Compact buy-to-let with long lease and clear upgrade potential.
Two self-contained flats: one 2-bed and one 1-bed, ready to let
A compact, period mixed-use property in Wellington's town centre, arranged as two self-contained flats (one 2-bedroom, one 1-bedroom). Positioned above a shop with street access, the building offers immediate rental potential to investors or a buy-to-live with income from one flat. The long lease (circa 962–965 years) and peppercorn ground rent simplify tenure matters.
The flats retain character features—bay and sash windows, high ceilings and exposed beams—and benefit from ultrafast broadband and excellent mobile signal. Practical running costs are supported by very cheap council tax (Band A), but heating is via electric storage heaters and the property has solid brick walls with assumed no insulation, so energy performance is limited (EPC D) and some thermal upgrades would improve comfort and running costs.
This is a small building (approximately 463 sq ft total) that requires modest updating rather than full refurbishment: dated kitchens/bathrooms and cosmetic works are apparent, but the layout is practical for short- or long-term lets. Wellington’s location close to the M5 and local amenities supports strong tenant demand, particularly for commuters and local workers.
Investors should note the property is leasehold (peppercorn rent) and situated in an area recorded as relatively deprived, which can affect rental levels and tenant profiles. For someone seeking a lower-entry investment with clear immediate letting potential and scope for value-add through modest improvements, this offers a straightforward opportunity.
1 bedroom apartment for sale in Red Lion Court, High Street, Wellington, Somerset, TA21 — £125,000 • 1 bed • 1 bath • 896 ft²
4 bedroom terraced house for sale in Fore Street, Wellington, TA21 — £375,000 • 4 bed • 2 bath • 2197 ft²
Commercial property for sale in 14 Fore Street, Wellington, Somerset, TA21 8AQ, TA21 — £395,000 • 1 bed • 1 bath • 3274 ft²
1 bedroom apartment for sale in South Street, Wellington, TA21 — £135,000 • 1 bed • 1 bath • 506 ft²
1 bedroom apartment for sale in Red Lion Court, High Street, Wellington, Somerset, TA21 — £83,750 • 1 bed • 1 bath • 896 ft²
High street retail property for sale in 4-6 Fore Street, Wellington, TA21 8AQ, TA21 — £1,900,000 • 1 bed • 1 bath • 14465 ft²
