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2 Bed Flat, Refurb/BRRR, Wells, BA5 2DE £130,000

4 Frederick Court Wells Somerset BA5 2DE - 2 views - 3 months ago
  1. Deal Search
  2. Wells
  3. BA5
  4. BA5 2DE
Leasehold
BTL
Refurb/BRRR
ROI: 1%
~65 m²

ValuationUndervalued

AI score: 90/100. Please verify valuations.

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Links

  • More Deals in Wells
  • More Deals in BA5
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Wells
  • More Refurb/BRRR Deals in BA5

Property History

Price changed to £130,000

October 30, 2025

Listed for £140,000

October 6, 2025

Floor Plans

Description

  • Ideal for a first time buyer or someone looking to downsize +
  • Good sized kitchen +
  • Communal entrance hall with door entry system +
  • Bathroom with wash handbasin, WC and bath with shower over +
  • Two really spacious double bedrooms +
  • Large double aspect sitting room +
  • Outside storeroom +
  • Use of communal gardens +
  • Close to local shops +

A spacious two bedroom first floor flat in need of modernisation. A short level walk to Wells City centre and all of it's amenities. Use of communal grounds. Being offered on a "sold as seen" basis with no onward chain.

Location
Wells is the smallest city in England and offers a vibrant high street with a variety of independent shops and restaurants as well as a twice weekly market and a choice of supermarkets including Waitrose. Amenities include a leisure centre, independent cinema and a theatre. Bristol and Bath lie c.22 miles to the north and north-east respectively with mainline train stations to London at Castle Cary (c.11 miles) as well as Bristol and Bath. Bristol International Airport is c.15 miles to the north-west. Of particular note is the variety of well-regarded schools in both the state and private sectors in Wells and the surrounding area.

Directions
From Wells High Street proceed into Broad Street and into Priory Road. Turn right into Princes Road and at the traffic lights turn left into Tucker Street. Proceed straight over the traffic lights and then take the next turning right into Balch Road where the property can be found on the right hand side.

Material Information
All available property information can be provided upon request from Holland & Odam. For confirmation of mobile phone and broadband coverage, please visit checker.ofcom.org.uk

Identity Verification
To ensure full compliance with current legal requirements, all buyers are required to verify their identity and risk status in line with anti-money laundering (AML) regulations before we can formally proceed with the sale. This process includes a series of checks covering identity verification, politically exposed person (PEP) screening, and AML risk assessment for each individual named as a purchaser. In addition, for best practice, we are required to obtain proof of funds and where necessary, to carry out checks on the source of funds being used for the purchase. These checks are mandatory and must be completed regardless of whether the purchase is mortgage-funded, cash, or part of a related transaction. A disbursement of £49 per individual (or £75 per director for limited company purchases) is payable to cover all aspects of this compliance process. This fee represents the full cost of conducting the required checks and verifications. You will receive a secure payment link and full instructions directly from our compliance partner, Guild365, who carry out these checks on our behalf.

Agent Details

holland & odam, Wells

020 3856 4159

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

AI score: 90/100. Please verify calculations.

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