Guide price
£350,000
4 bed detached house for saleWells Road, Wookey, Wells BA5
4 beds
4 baths
4 receptions
- Chain free
- Freehold
Allen & Harris - Wells
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About this property
Detached
Investor Opportunity
Detached Character House ** Popular Location
Conversion: 4 X 1 bedroom flats
Surrounded By Beautiful Countryside ** 2 Miles West of Wells
Excellent Investment Purchase ** Good Rental Yields
Potential To Re-Convert Back to Family Home (STPP)
Garden & Driveway Approach
Offered with no chain
Summary
Located on the edge of Wookey, taking in far reaching views, this character detached property consists of 4 one-bedroom flats each consisting of open plan living accommodation with fitted kitchen, double bedroom, shower room, access to communal garden and parking. Offered with no chain.
Description
Before conversion, this detached character property was originally a spacious family home located along the Wells Road as you enter Wookey. Facing onto and surrounded by outstandingly beautiful countryside, the property stands just 2 miles West to the cathedral City of Wells and 7.4 miles to Cheddar. The property is currently divided into four one-bedroom flats, each proven to be a fantastic investment, currently occurring a good rental return and has the excellent potential to be converted back into a substantial family home with gardens and driveway parking (subject to the relevant planning permission and local restrictions required for the area).
The communal entrance hall paves way to the flats with two arranged on each floor and each offering accommodation comprising open plan living dining rooms with kitchen areas, double bedroom, and shower room. Outside to the front of the property there is generous parking allowing each flat parking for one car and, to the rear and within the property curtilage, access to communal gardens.
Being in the heart of Somerset, sitting amidst hills and woodland in an Area of Outstanding Natural Beauty, Wookey is a highly sought after location enjoying convenient access onto the A371 and has promoted a lot of interest, including a well-designed and locally led select development which is currently under construction in a manor to reflect the area.
Communal Entrance Hall
Flat 1
Rear Lobby
Living / Bedroom 11' 1" x 13' 7" ( 3.38m x 4.14m )
Kitchen 8' 11" x 10' ( 2.72m x 3.05m )
Bathroom
***
Current Rent: £500.00 pcm
Rental Yield: 6% pa @ £400,000
Flat 2
Kitchen / Living Dining Room 8' x 12' 4" ( 2.44m x 3.76m )
Bedroom 9' 9" x 9' 11" ( 2.97m x 3.02m )
Bathroom 4' 11" x 6' 4" ( 1.50m x 1.93m )
***
Current Rent: £500.00 pcm
Rental Yield: 6% pa @ £400,000
Flat 3
Living / Bedroom 11' 5" x 12' ( 3.48m x 3.66m )
Kitchen 9' 2" max x 11' max ( 2.79m max x 3.35m max )
Bathroom 5' 10" x 6' 8" ( 1.78m x 2.03m )
***
Current Rent: £500.00 pcm
Rental Yield: 6% pa @ £400,000
Flat 4
Living / Bedroom 8' 7" x 12' 5" ( 2.62m x 3.78m )
Kitchen 8' 2" x 10' 2" macx ( 2.49m x 3.10m macx )
Bathroom 5' 2" x 6' 2" ( 1.57m x 1.88m )
***
Current Rent: £500.00 pcm
Rental Yield: 6% pa @ £400,000
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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