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Wells SOMERSET

South West

£500,000

Listed on 15/04/2026

The listing

Property details

Bedrooms
2
Type
Smallholding

Description

This is a noteworthy opportunity for rural development, encompassing approximately 2.2 acres with existing planning permission to convert two outbuildings into a single residential property. The site currently features a residential static caravan and ample pasture paddocks, nestled in a tranquil location at the edge of a quaint village near the picturesque Mendip Hills. Originally granted in March 2015 and varied in August 2021, the planning consent allows for an innovative design with a large open-plan kitchen/family area, two en-suite bedrooms, and a workshop linked to the main dwelling. The current owner has successfully resided on this slice of land for around two decades in the caravan, which benefits from lawful use as a dwelling. The secluded nature of the property promises both privacy and potential for further enhancement, making it an attractive investment prospect.

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Location

Wells SOMERSET
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Finance

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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.

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