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Part of Higher Greenham Farm, Greenham, Crewkerne

South West

£400,000
Listed on 13/04/2026

Property Details

Bedrooms
4
Type
Farm House
Area
2551 sqft

Description

This substantial four-bedroom farmhouse, set within a generous plot of 39.58 acres in the idyllic West Dorset countryside, presents a unique opportunity for investment and renovation. The property boasts an attractive character farmhouse complemented by a selection of agricultural buildings that have received a positive early planning response for conversion into three separate residential units. Ideal for those looking to enhance value through development or personalisation, this property has not been on the market for over a century, affording a rare chance to secure a historical asset with significant potential. The farmhouse itself offers spacious living accommodations, including four double bedrooms and various reception spaces, all arranged over two floors with ample natural light. Additionally, there are several outbuildings providing storage and workshop facilities that could be reimagined as part of a redevelopment strategy. Located conveniently close to Crewkerne and well-connected via the A303, this property is surrounded by stunning rural landscapes ideal for outdoor activities. With appropriate planning permissions (subject to conditions), opportunities abound to convert existing structures or modernise the farmhouse to meet contemporary standards while preserving its charm. The parcel includes mature gardens and reasonable access to essential services, making it an enticing prospect for buyers interested in rural living with development aspirations.

Investment Analysis

(TA18 area)

Below Market Value

This property is priced -43.3% below area average per sq ft

-43.3%
Potential saving
This Property
£157/sq ft
Area Average
£277/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£776,167
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (TA18)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -4.7%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on TA18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Part of Higher Greenham Farm, Greenham, Crewkerne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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