Summary - PALACE COURT FLAT 27 SILVER STREET WELLS BA5 1UR
2 bed 1 bath Retirement Property
Central Wells retirement flat with communal facilities and parking.
Ground‑floor two-bedroom apartment with south‑west aspect
Approximately 538 sq ft — compact, manageable living space
Resident house manager, lounge, laundry and communal gardens
Pre‑bookable guest suite; resident and visitor parking available
Leasehold: 154 years remaining; no ground rent
Service charge £4,479.48 pa (above average) — includes maintenance
Medium flood risk for the area — check insurance implications
Local crime levels reported high — consider security and safety measures
This well-presented ground-floor apartment in Palace Court is designed for over-55s seeking a low-maintenance base in the heart of historic Wells. South‑west facing windows flood the sitting/dining room with light, and the sizable main bedroom and second room (currently used as an office/dressing room) give genuine flexibility for visitors or hobbies. The kitchen is neatly fitted with integrated oven and hob, and there are useful storage cupboards in the entrance hall.
Residents benefit from on-site support and communal facilities: a resident house manager, residents’ lounge, laundry, attractive communal gardens, pre-bookable guest suite and resident/visitor parking. The building’s location means shops, markets, leisure and places of worship are all a short walk away, making daily life convenient without reliance on a car.
Practical considerations are clear and factual. The property is leasehold with 154 years remaining and an annual service charge of £4,479.48 (no ground rent). The flat is compact at approximately 538 sq ft, suited to downsizers or retirees rather than families needing extensive space. There is a recorded medium flood risk for the area and local crime levels are high; buyers should satisfy themselves on insurance and security arrangements.
Overall this apartment offers a comfortable, community‑focused retirement setting in a central Wells location. It is best for buyers who value convenient local amenities, communal support and a manageable footprint, while accepting the service charge and the need to consider flood and local safety factors.
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