Summary - 62 HIGH STREET WELLINGTON TA21 8RF
6 bed 3 bath End of Terrace
Grade II listed period investment with basement potential close to M5 and town centre.
Six-bedroom former HMO over two floors, plus basement with conversion consent
A substantial Victorian end-of-terrace in the heart of Wellington, previously run as a six-bedroom HMO and offered with no onward chain. The property is Grade II listed, sits close to town amenities and Wellington School, and benefits from straightforward access to the M5 (J26 ~2 miles). Finished accommodation includes six bedrooms across two floors, three bath/shower rooms plus an extra WC and a shared kitchen/diner. The front has a small lawned area; there is no rear garden to maintain.
This is a clear development opportunity for an investor or landlord. The vendor estimates a gross annual income of around £42,000 when fully occupied (basement income excluded). The basement has listed building consent for conversion to a self-contained one-bed flat but requires completion and currently shares the main house electricity supply. The property has fitted fire doors and hard-wired alarms but does not currently hold an HMO licence — prospective buyers should allow time and cost for licensing and compliance.
Material constraints are significant and factual: the building is Grade II listed (which will limit alterations and may increase costs), the walls are solid brick with assumed no insulation, and the basement conversion is unfinished. Heating is via a community/mains-gas scheme. The house is relatively small overall (approx. 791 sq ft) for six bedrooms, so spaces are compact in parts. These factors suit a buyer who understands listed-property regulations and refurbishment budgets rather than someone seeking a move-in ready family home.
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