Affordable renovation opportunity near shops, schools and market.
Chain-free first-floor flat with 124 years remaining on lease
592 sq ft; one double bedroom, lounge, kitchen and bathroom
Requires full modernisation and updating throughout
Heating: electric storage heaters; likely higher running costs
Double glazing pre-2002; solid brick walls likely without insulation
Slow broadband speeds may affect home working or streaming
Communal garden and short, level walk to Wells city centre
No flood risk; council tax described as very cheap
Set on the first floor of a mid‑20th century block in central Wells, this modest 592 sq ft flat offers an affordable entry point into the city market. Chain‑free and with a long lease (124 years remaining), it suits first‑time buyers or investors prepared to update and personalise the space. Communal grounds and a short, level walk to the city centre add everyday convenience.
The layout currently provides a living room, kitchen, one double bedroom and a bathroom. Heating is by electric storage heaters and the building has double glazing installed before 2002; the solid brick walls are likely uninsulated. These factors mean running costs and comfort will improve noticeably after modernisation and insulation work.
Practical drawbacks are clear and important: the flat needs renovation throughout, broadband speeds are slow, and the property is leasehold. On the positive side, there is no flood risk, council tax is very low and local schools and amenities are within easy reach. For buyers willing to invest in upgrades, the property offers genuine value and scope to add modern heating, insulation and wiring to enhance both comfort and future resale value.
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