Time for that pad in Wells?

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By Tattva | Friday, September 17, 2010, 17:44

Despite all the hoo-ha about house prices going up and coming down again, double-dip economies and our fickle friend, ‘equity’, the simple fact is, if you need to relocate to Wells, all you can do is hope that it’s competitively priced as an area compared to where you are selling your current property.

Financial institutions are getting slightly more generous with the size of mortgages they are prepared to lend folks. I can say this with authority having just been approved for my first mortgage at the ripe old age of 36, most lenders were prepared to give 4x annual income but one High Street lender went to 5.5x.

So, having signed your soul away, what does your buying power get you in Wells? From a single garage priced at £10,000, retirement apartments, family homes and huge country piles for over £1.5m, Wells is going to have the property you require and, as it’s in the wonderful chocolate box city of Wells, it’s guaranteed to be a cracker!

Bargain of the week has to be this substantial 9-bedroomed detached property just outside Wells, on the market with Simpson Bacon & Co which has slashed its price by a whopping £100,000 to £550,000. It offers the chance to continue running it  as a B&B or to convert it into a comfortable family home, and with 9 bedrooms, there’s plenty of opportunity to have friends and relatives over to enjoy some of the wonderful countryside you’ll live in.

On a more affordable budget, this 3-bedroomed semi-detached house is listed at £189, 950 with Palmer Snell, which has a good-sized garden and a beautifully-fitted kitchen, complete with Aga. 

It’s always a guilty pleasure, thanks to the likes of property listing specialists such as Findaproperty.com to peer behind the doors of wonderful homes with historic appeal most of us could only dream of owning. Or to have a nose round houses for sale on your street. Are you looking for a home in Wells, how has your search been progressing? Have you found local estate agents to be helpful and knowledgeable?

I would like to congratulate the Wells Cooper & Tanner team: Aaron, Rob and Lorraine, for not only being very proficient at their job but also for having a human side which isn’t always evident in this knife-edge business, if you are thinking of putting your house on the market, I couldn’t recommend them highly enough!

 

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