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Lower Godney, Wells

South West

£475,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2239 sqft

Description

This single-storey bungalow, nestled in a tranquil rural village, offers a unique opportunity for those looking to create their ideal home. Set on approximately 0.5 acres and enclosed by charming stone walls, the property features a spacious lawn dotted with established trees and a generous gravel parking area. Inside, you will find three substantial double bedrooms, a bathroom, and a large reception room that invites natural light from the front and rear windows. The kitchen includes an oil-fired Aga and opens onto a terrace showcasing original flagstones from the former farmhouse—perfect for outdoor entertaining or relaxation. With ample space both indoors and outdoors, this property presents significant renovation potential. It could benefit from modernization to bring it up to contemporary standards while retaining its character. Additionally, there is the possibility to convert the roof space into further accommodation to take advantage of stunning views across the Somerset countryside (subject to planning permissions). Complementing the main house is a detached period stone barn positioned at the front of the garden. This barn features multiple areas on the ground floor and an expansive attic room above, ideal for converting into additional living space or a dedicated workspace with required permissions. For nature enthusiasts, there's also an appealing parcel of land across the River Sheppey that flows through the garden. This serene area could serve as a delightful retreat or transformed into productive grounds for gardening. Located in Lower Godney—renowned for its friendly community—this property is well-positioned for local amenities in Wells and Glastonbury while being surrounded by picturesque nature reserves teeming with wildlife. The proximity to local shops, schools, and recreational opportunities makes this not just an investment in property but in lifestyle too.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -39.1% below area average per sq ft

-39.1%
Potential saving
This Property
£212/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£299
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£857,828
10% above area average per sq ft
Potential ROI
+57.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.5%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on BA5 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

Lower Godney, Wells
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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
£1,682
Based on a loan of £356,250 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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