5 Nimrod Way, Wells, Somerset, BA5 2GQ

Wells BA5 2GQ, BA5 2GQ

Semi-detached house 2 2
Availability
Sale under offer
Share
40%
Share value
£100,000
Minimum deposit
£5,000

Full market value

£250,000

Key Features

  • 40% shared ownership
  • Up to 100% ownership available
  • Option to buy outright or increase ownership over time
  • Two-bedroom home
  • Family bathroom
  • Ground floor WC
  • Long lease of approximately 117 years

Overview

Situated in the popular city of Wells, Somerset, this well-presented two-bedroom home offers comfortable and practical accommodation, making it an excellent opportunity for first-time buyers, couples, or those looking for a manageable family home.

The property features a welcoming living area, a fitted kitchen and dining space, two well-proportioned bedrooms, and a family bathroom. The addition of a ground floor WC provides extra convenience for modern living.

Available from a 40% share with up to 100% ownership available, buyers have the flexibility to purchase the full property from the outset or start with a 40% share and increase their ownership over time, subject to the scheme terms.

Monthly costs based on the 40% share include rent of £428.89 and a service charge of £32.98, with a long lease of approximately 117 years remaining.

Ideally located in Wells, the property is close to a range of local amenities, shops, cafés, restaurants, schools, and transport links, while benefiting from the area's attractive countryside surroundings.

A fantastic opportunity to secure a two-bedroom home with the flexibility to own up to 100%-early viewing is highly recommended.

Scheme

Shared Ownership

Tenure

Leasehold

Remaining lease

117 years

EPC

86

View floorplan

Pricing and Availability

Type Bedrooms Full Market Value Share % Share price Monthly Rent Monthly Service Charge Availability
Semi-detached house 2 £250,000 40% £100,000 £429 £33 Sale under offer

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