Guide price
£150,000
(£225/sq. ft)
2 bed end terrace house for saleAsh Close, Wells BA5
2 beds
668 sq. ft
EPC Rating: B
- Auction
- Freehold
Maggs & Allen
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About this property
19 March live online auction
Modern end-terraced two-bedroom house
Located on a popular, recently built development in Wells
Front and rear gardens
2 allocated parking spaces
Currently let producing £720 pcm with scope to increase
Great addition to any portfolio
8-week completion
A modern two-bedroom end-terrace house on a popular, recently built development in the historic city of Wells, Somerset. The property features a fitted kitchen, bright living room, ground floor WC, two double bedrooms, and a family bathroom, along with front and rear gardens. There are also two allocated parking spaces.
Wells offers a full range of amenities including supermarkets, markets, leisure facilities, schools, and a good selection of pubs and restaurants. The city centre is within walking distance, with convenient access to Castle Cary station for London services and easy links to Bristol and Bath.
Currently let producing £720 pcm with scope to increase, the property offers an attractive opportunity for landlords looking for a low-maintenance rental.
For Sale By Auction
This property is due to feature in our online auction on 19 March 2026 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
Viewings
By appointment.
Summary
Modern end-terraced 2 double bedroom house
Description
A modern two-bedroom end of terrace house, situated within a popular and recently built development in Wells, Somerset. Thoughtfully laid out for modern living, the ground floor features a well-equipped kitchen, a bright living room, and cloakroom with WC. Upstairs, the property offers two generous double bedrooms and family bathroom Externally, the home boasts private gardens to both the front and rear, offering desirable outdoor space. There are also two allocated parking spaces.
The property is currently let producing £720 pcm and represents a seamless, turn-key investment for landlords. Its location in a high-demand area, combined with the low-maintenance benefits of a recent build, makes it a robust addition to any residential portfolio.
Location
The historic city of Wells provides a wide range of everyday amenities, including several supermarkets (among them Waitrose), regular local markets, a cinema, leisure centre, and a good selection of pubs and restaurants. The city is also well served by healthcare facilities, places of worship, and both primary and secondary state schools.
Transport links are convenient, with Castle Cary station approximately twelve miles away, offering direct rail services to London Paddington. Bristol and the Georgian city of Bath are both around 20 miles away and easily reached. The city centre, including the Market Place and Cathedral Green, is within easy walking distance.
Accommodation
Please refer to floorplan for approximate room measurements and internal layout.
Parking
The property benefits from 2 allocated parking spaces.
Tenancy
The property is being sold subject to the existing tenancy agreement, which we understand is an Assured Tenancy with a rental income of £720 pcm. Please refer to the Auction Legal Pack for further information. The tenancy was signed on 2/3/2023 and no rent increases have been actioned therefore the rental income is currently below market value.
Similar properties within the development are typically let in the region of £1,000 pcm - £1,100 pcm.
Completion
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
Tenure
Understood to be Freehold. Please refer to the legal pack for confirmation.
Energy Performance Certificate (Epc)
Rating: B
Image Disclaimer
Some images have been edited with ai to protect tenants’ personal belongings
Letting - What Can Maggs & Allen Achieve For You?
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .
Auction Or Bridging Finance Required?
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email
Buyer's Premium
Please be advised that all purchasers are subject to a £1,800 plus VAT (£2,160 inc VAT) buyer’s premium payable upon exchange of contracts.
*Guide Price
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Proxy, Telephone & Online Remote Bidding
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, id (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
Preliminary Deposits
The Preliminary Deposit required for each lot you wish to bid for is £5,000.
If your bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 plus VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
Rental Estimates
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
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